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LAP or Mortgage Loan Interest Rates Comparison 2020

Funding big-ticket purchases or sizable expenses such as overseas education or home renovation can put a serious dent in your savings. In some cases, you may not be able to afford such an expenditure out of pocket. This is when you can consider alternate financing options like a mortgage loan against property.

With a property loan or mortgage loan, you get access to an ample sanction that you can repay over a lengthy tenure. Such a financing option is quite effective when you’re looking to address priorities without breaking the bank.

However, to ensure that your experience is favourable and affordable, you need to secure the best possible property loan interest rate.

LAP or Mortgage Loan Interest Rates Comparison 2020

LAP or Mortgage Loan Interest Rates Comparison 2020

What is Bhoomi Karnataka RTC?

The sales of new homes shot up recently in India, thanks to several supportive measures taken by the Government of India. For instance, major cities like Maharashtra and Karnataka have slashed the stamp duty to boost the realty market in their respective states. More specifically, Karnataka has cut the stamp duty from 5% to 3% for houses within a price range of Rs.21 lakh – Rs.35 lakh.  What is Bhoomi Karnataka RTC?