Latest Blog Posts of MyMoneyMantra

Handy Guide for Home Buyers on Down Payment

As a young millennial, one of the most important financial goals on your mind could be purchasing a home you can call your own. ... Read More

Category: Home Loan

Documents Required for Applying a ‘Loan Against Property’ in Mumbai

Documents Required for Loan Against Property in Mumbai

Some expenses in life come all of a sudden; and during those turbulent times, arranging for the funds could be quite tedious. Personal Loan is not the ideal product for many, owing to the high interest rat... Read More

Category: Loan Against Property

Pre-Closure Procedure and Charges for ICICI, HDFC & SBI Personal Loan

Personal Loan Pre-Closure Procedure and Charges

A Personal Loan is a credit, which is granted for personal use such as medical emergency or family use such as education, vacation or household such as house extension, house repair, and purchase of electr... Read More

Category: Personal Loan

SBI Cuts Down MCLR Based Lending Rates; Home Loans to be Cheaper from April 10

Passing on the benefits of last week's repo rate cut by RBI to the end customers, country's largest public sector bank-State Bank of India (SBI), has slashed Home Loan Interest Rates by 10 basis points on ... Read More

Category: #mmm news

How to Avoid Paying Interest on HDFC Credit Card?

All credit cardsthat are available are a type of loan that customers can get on purchases made for a limited period. Just like any other loan, credit card advance also charges an interest. ... Read More

Category: Credit Card

Personal Loan or Insta Jumbo HDFC Loan: Which is better?

Personal Loans have become a ready reckoner tool available in the times of financial crunch or when we feel an urgent need for cash. They are easy to apply, easy to get and easy to pay back. The online app... Read More

Category: Personal Loan

Good Habits to Learn and Follow This Financial Year

Impulsive online shopping and unplanned Credit Card purchases are some of the major causes of monthly debt pile up. Unmindful spending and expenses can result in startling cash crunch for essential purchas... Read More

Category: Credit Card

Pros and Cons of a Home Loan Top Up

Home Loans are long term commitments, generally spanning for a period of 10 to 20 years. While it may take more than a decade to pay entirely for your residential purchase, home related expenses are not li... Read More

Category: Home Loan

Home Loan EMIs to Get Cheaper: Consecutive Repo Rate Cut by RBI; ICICI, Kotak Bank MCLR Reduced

In the first bi-monthly rate review of the financial year 2019-20, the Reserve Bank of India has lowered repo (repurchase rate) by 25 basis points to 6 percent. The reduction in the benchmark rate was a mu... Read More

Category: #mmm news Home Loan

How does MCLR Affect Your Home Loan Repayment?

The Reserve Bank of India (RBI), introduced the Base Rate System in July of 2010 to ensure that Banks and NBFCs could lend credit to customers only above a certain threshold. However, due to some loopholes... Read More

Category: Home Loan