A credit score is a numerical representation of your creditworthiness. It is generally based on your credit history and financial behaviour. It ranges from 300 to 900, with higher scores indicating better credit health. Lenders and financial institutions use it to assess the risk of lending money or extending credit to individuals
A loan from any institution is a significant financial move that can affect you and your loved ones. While many banking institutions advertise a provisional interest rate on the borrowed amount, an Annual Percentage Rate helps discover the true expenditure and various annual charges.
Home Loans offer many attractive features. Unlike other types of loans, they feature lower interest rates, longer repayment terms, moderate eligibility criteria, and associated tax benefits.