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Different Kinds of Home Loans

To have one's own home is the dream of every person. Now that getting a home loan is so easy it seems everyone can fulfill his / her long cherished dream. There are different types of home loans tailored to suit your requirements. Here they are:-

Home Purchase Loans: A basic loan that you can avail when you are purchasing a new house.

Home Improvement Loans: With this loan you can repair or renovate your existing home.

Home Construction Loan: When you have purchased a land and now you want to construct your dream home, the Construction loan will help you in fulfilling your Dream.

Home Extension Loan: A loan which can help in expand or extend your existing home.

What are the different kind of Fees in Credit Cards?

There are different kinds of fees that are charged in your credit card.Namely:

Interest: Interest is generally expressed as an Annual Percentage Rate (APR), is the fee paid for the privilege of borrowing money. This fee is the price a person pays for the ability to spend money today that would otherwise take time to accumulate.

How is EMI Calculated

EMI is the amount a loan taker pays every month to repay the overall loan. This amount can typically be broken down into two components

- Principal repayment :

What is Balance Transfer ?

Credit Card Balance transfer is a facility offered to cardholders which enables them to transfer the existing outstanding or debt of one credit card to another one . The customer gets the benefit of transferring her outstanding from a higher rate to a lower rate. This saves some interest on the amount due on the previous card.

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