Seven smart ways to reduce loan burden without stressing your wallet

December 30, 2014

Even before he booked a flat in Gurgaon last year, Rajeev Navlur had chalked out a plan to repay the home loan he would take to purchase the property. “Repayment of the loan was my top priority. I started planning for the EMIs even before the loan was approved,” says the Mumbai-based marketing manager. The property was under construction, so Navlur opted for a 15-month moratorium on EMIs and paid only simple interest on the amount disbursed by the lender. In those 15 months, he saved aggressiv .. Read more

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