A Home buyer's Simple Guide to Short-List a Financing Option

Buying a home is one of the most important decisions a person makes in his life. Weeks, months and sometimes even years are spent searching for that Dream House that a person would like to call a Home.

It is a very important decision not only because of the emotional value attached to it but also due to the enormous financial impact that this decision has on one's life.

. . .Read More

CHS MEMBERS PLEASE NOTE THAT THE VALIDITY OF ENCASHING CHEQUES HAS BEEN REDUCED TO 3 MONTHS

          Bankers’ cheques and other monetary instruments will have only a three-month validity beginning from Dt. 1^st April 2012, instead of the existing Six months, a Reserve Bank of India communiqué has said. This change is a consequence of an RBI Notification issued on Dt. 4^th November 2011. Cheques, drafts and pay orders will only be valid for three months from the date that they have been drawn. Those having cheques and other monetary instruments with six-month validity before 1 April will have to remit them before this date, or their expiry will be reduced to three months. 

. . .Read More

Some of the Important Documents Required for Home Loans

Below are the lists of some of the Important documents required for availing Home Loans by various business and Individual Class.

Salaried Individuals

1.       Salary slip/Form 16 A.

2.  A photocopy of the first and last pages of Ration card or copy of PAN/Telephone/Electricity bills.

. . .Read More