5 money management tips for home loan borrower

Whenever the central bank hikes the repo rate, 

Fill in some text

The lenders pass on the burden to borrowers in the form of increased interest on housing loans.  

Fill in some text

Loans and their EMIs must be repaid smartly to avoid extra charges and amounts more than your actual borrowings to prevent losses 

Fill in some text

Pay back the consolidated loan amount with interest rates in a staggered way and in small chunks.  

Fill in some text

Formulate strategic monthly plan emphasising on increasing Equated Monthly Installments (EMIs) against the loans.  

Fill in some text

In case of real estate investments, one must conduct proper research on recent trends and analyse projects on the basis of their location and prices. 

Fill in some text

Home loan borrowers with good financial knowledge can compare the interest rates charged by different banks and select the one which offers the most feasible loan repayment plans. 

Fill in some text