🌟 [ 20 ] “Increase loan tenure, avail higher loan amount with mortgage guarantee” [ @Business Standard ]
By paying a fee of 1-1.25 per cent of the loan amount, you can avail of mortgage guarantee that can prevent you from losing your home in case you default on your EMIs. In addition, mortgage guarantee can help you lower the EMI by allowing you to go for a longer tenure. It can also help you avail of a higher debt to income ratio. In this interview, Kanika Singh, Chief Risk Officer, India Mortgage Guarantee Corporation (IMGC) speaks to Sanjay Kumar Singh, Associate Editor, Business Standard on how mortgage guarantee works and the advantages and costs of this product. Hello viewers! Guess what? We re now on WhatsApp Channels! Dive into real-time news updates, insights, and much more. Subscribe to BS Hindi YouTube Channel: [ 🔗 Click ‼️ ] Follow us: [ 🔗 Click ‼️ ] Download the all-new Business Standard app: [ 🔗 Click ‼️ ] Join us: [ 🔗 Click ‼️ ] [ 🔗 Click ‼️ ] [ 🔗 Click ‼️ ]
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🌈 🔎 Increaseloantenureavailhigherloanamountwithmortgageguarantee 🌈
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