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Some Types of Housing Finance Available in India.

Home is one of the basic needs of human being. Although they might be staying with their parents, siblings or joint family at some point of time in life especially when they are on the verge to get married, they feel the need to buy their own abode. It is the place where one also feels safe, protected and one creates their own sweet memories over the time. Lucky are the ones who are financially capable of buying their own home. However, a major chunk of the population in India still cannot deal in full cash to buy their own house. Either they are stuck with prior financial commitments or their little savings are too short to bridge the gap between their housing needs and inflation costs. The prices of houses are soaring up day by day and reaching skyrocketing high. Home loan is thus one of the best options for those people who cherish a dream like this and want to have their own house. There are several types of home loans which can be availed by different banks. These finances apa

3 Reasons Why a Loan Against Property Trumps a Student Loan.

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Every year, the cost of further education keeps increasing making it impossible for some to fund their plans based solely on their monthly earnings and the savings they have. In such cases, many young aspirants are forced to go in for a loan to fund their study plans. Though this is a good idea, many potential borrowers often end-up confused between three common loan offerings. The first being and education loan, the second is a personal loan and last but not to be forgotten is the loan against property . And despite each having its unique benefits and cons, a loan against you home or property holds certain advantages over the other two. These advantages will be explained below to help you make an informed decision between the three. 1. The level of funding up for grabs. With an education loan, the extent of funding you receive will depend on a number of factors that determine your loan eligibility. Lenders will consider your previous academic track record, your entrance e