NOW THAT YOU HAVE DECIDED UPON YOUR DREAM HOME, WHAT NEXT?

Home loan comes next. Do you need to be cautious here? Many would say, yes.

Terms and Conditions of your home loan

Read your home loan terms and conditions carefully. Understand the interest rate or cost at which the bank has lent you. A bank, for example, is eligible to demand additional security in case property prices fall during the loan tenure. Even if you pay your EMI loyally, …