All you need to learn about interest-only home loans
Consumers of Important Chartered with a home loan admission measurements of ? 35 lakh so you’re able to ? 3.5 crore can decide to invest precisely the focus amount through equated monthly installments (EMIs) getting an initial age step 13 years
Has just, Basic Chartered Bank introduced an interest-just financial business for its existing including the latest financial users towards acquisition of finished attributes. An interest-simply home loan is actually a studio where the borrower will pay only the attention accumulated to your prominent a good to own a small time of the financing tenure. …