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Axis Bank Happy Ending Home Loan – Review

Axis Bank yesterday launched a new Home Loan product named – Happy Ending Home Loan. This has a built-in EMI waiver scheme under which the bank will write off the last 12 installments if the customer stays with it for at least 15 years. A few more conditions for EMI waiver: The initial term of […]

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Does it make sense to switch to teaser Home Loan?

Home Loan, Loans, Real Estate

I purchased a Residential property in Ranchi in June 2009 worth Rs. 20 lakhs taking a Home loan of Rs. 15.6 Lakh from LIC Housing Finance @ 8.75% p.a. for 12 years. A few days back I received a letter from LIC saying the rates have been increased to 10% effective November 2009. Due to

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