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How to Avail Tax Exemption for under Construction Property?

Here are some quick facts about home loan interest tax exemption under construction property:
1. Under-construction properties quote 20% less than completed ones
2. EMI payable on the loan amount would also be lesser
3. You can postpone the deduction of the interest amount
4. Save tax up to Rs. 2 lakh under Section 80EE
To know more about income tax exemption on under construction property, read this blog post today:
https://www.bajajfinserv.in/insights/home-loan-tax-benefits-for-under-construction-property

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How Can I Get Education Loan in India?

Here is WHAT you must do To Avail EDUCATION LOAN in India:
Co-applicant is a must; can be parents, spouse, siblings
For loans between Rs 4-7.5 lakh third-party guarantor is required
For loans above Rs 7.5 lakh lender will ask for collateral
Repayment starts six months to one year after completion of the course
Default in payment will affect credit history of student and co applicant
If student goes abroad, lender will recover from co-applicant, that is, parents
For abroad studies, loan alone might not suffice; look for part-time job or sponsorship
Insurance is compulsory for foreign courses.
Hope now you know how to get loan for education.
If you want to know which one is better education loan or loan against property, read this post today:
https://www.bajajfinserv.in/insights/loan-against-property-vs-education-loan-which-one-is-better-for-you

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How can you Safeguard yourself from Vector-Borne Diseases?

Here are some tips to Safeguard yourself from Vector-Borne Diseases?
Precaution is the best answer to this question.
Taking or following preventive measures to avoid these health problems from happening is the best way to avoid these problems.
Each of the diseases named above have unique ways of prevention. You can check out the preventive measures on the internet and start following it.
In addition to that, you must take a vector borne disease insurance i.e. a health insurance that provides coverage against vector borne diseases.
You can find good health insurance plans on the internet where you can also compare them before signing the subscription papers.
https://www.bajajfinserv.in/insights/introducing-monsoon-health-cover

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How To Avail A Home Loan Balance Transfer in India?

The process to apply for a Home Loan Balance Transfer is easier with lenders now days.
Here is How To Avail A Home Loan Balance Transfer:
1. Inform your current lender, stating the reasons clearly.
2. Get a NOC or No Objection Certificate from your existing lender.
3. Additionally, collect a few other papers like foreclosure letter, consent letter, and the final statement of home loan including the EMI payments.
4. Take back or cancel the post-dated cheques you have submitted to your current lending institution. Pay foreclosure charges, if any.
5. Visit your new lender’s website and fill up the home loan balance transfer application. Enter details about personal data, income, employment, property, etc. accurately.
6. Submit all the required and updated documents as required. If everything goes as per criteria, you may receive an approval within 5 minutes.
7. Your new lender will settle the outstanding amount with the existing financial institution.
8. After that gets paid off, sign up for the new home loan agreement.
To know more read this:
https://www.bajajfinserv.in/insights/how-does-a-home-loan-balance-transfer-work

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How The Mortgage Loan Process Works?

Here is How The Mortgage Loan Process Works?
1) Fill an online form to apply for such loans.
2) A call centre representative of the financial institution you have chosen shall get in touch with you within 24 hours. He/she shall confirm your details.
3) The representative shall also provide you with an initial loan offer for which you are eligible within 2 days.
4) After this, submit your documents to the representative either from your home or office.
5) These documents shall be verified and upon sanction, the loan shall be processed within 72 hours.
To know more about mortgage property, read this post today:
https://www.bajajfinserv.in/insights/loan-against-property-6-things-you-should-know

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Are You Aware of RBI Guidelines for Home Loan in India?

Buying or constructing a new home demands considerable amounts of funds and needless to say, a home loan emerges to be the most credible solution under such circumstances.
Do you know how banks calculate interest on home loans? Are you aware of the multiple types of repayment methods that will suit your need? Do you know if they comply with the RBI guidelines for Home Loan? Availing a home loan should be a well thought out process.
You have to consider Loan interest rates in India, the time to process the amount and other key factors. Another important issue you should look out for is the type of home loan that you are opting for.
There are many kinds of home loans that are available in the market. They offer unique benefits and diverse repayment options. Let’s take a look at the seven most popular housing loans in India.
To know more in detail, read this blog post today:
https://www.bajajfinserv.in/insights/mandatory-rbi-guidelines-that-everyone-should-know-before-applying-for-a-home-loan

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What are types of Insurance Policies in India?

Life Insurance is a shield of faith against financial crisis to your family in your absence.
Even now a days Life Insurance became one of the top investment tool, where can get good money returns with Life Cover.
More than half of people are not aware of Types of Life Insurance. Know about the policies and opt the one which is suitable for you.
There are many types of Insurance policies but here are main types given below:
1. Endowment plan
2. Money Back policy
3. Pension Plan
4. Term Insurance
5. ULIP Plan
6. Group Plan
To know more in details, read this blog post today:
https://www.bajajfinserv.in/insights/different-types-of-insurance-policies-in-india

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What are Types of Loan Against Property (LAP) in India/

Do you know? what is floating interest rate? this Article will help you. Here are some kinds of properties and how loan is given against them:
· Registered property with Maps
· Registered Properties without maps
· GPA: GPA stands for General Power of Attorney
· Lal Dora Land
· Agricultural Land
· Loan against Self Occupied Residential Property
· Loan against Vacant Residential Property:
· Loan against Rented Residential Property
· Loan against Self Occupied Commercial Property
· Loan against Rented Commercial Property
· Loan against Residential Plot
· Loan Against Mixed Use Property
To know more about Loan against Property in detail, you need to visit this web page today:
https://www.bajajfinserv.in/insights/floating-interest-rates-vs-fixed-interest-rate-what-is-a-better-option-when-you-opt-for-a-lap

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Do You know What is Telemedicine?

Telemedicine is the use of telecommunication and information technology to provide clinical health care from a distance.
It has been used to overcome distance barriers and to improve access to medical services that would often not be consistently available in distant rural communities.
Here are the Ways Telemedicine is Changing the Face of Healthcare
1. It promotes the idea of direct to consumers. The entire framework is a consolidated one as it helps to reach out to the patients conveniently. Many telemedicine solutions improve the workflow.
2. These help in treating strokes with the help of video conferencing that leads to a more accurate diagnosis.
3. This technology is making its way into the ICU. The tele-ICU acts as a second set of eyes for both nurses and doctors. They can now treat patients amidst other distractions.
4. Telemedicine addresses the cause of rehabilitation at home for patients who are just discharged from the ER or ICU. They help medical experts conduct a precise cognitive assessment.
Read this post, to know more about telemedicine today:
https://www.bajajfinserv.in/insights/switching-to-telemedicine-how-much-it-will-cost

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How A Doctor Can Get Registered Himself at Lybrate?

Here is How can Doctors Register Themselves in Lybrate?
Practicing healthcare service providers can easily signup for Lybrate. Its services are provided via a dedicated web portal where an individual can register through a workstation or a cell phone.
1. Lybrate for doctors is accessible for doctors, dentists and orthodontists. A professional will have to enter their full name, mobile number, and email address to start the registration process.
2. A 6-digit OTP will be sent in that mobile number for verification purposes.
3. The service will ask for the OTP after the individual clicks on ‘proceed.’ The applicant will have to submit his or her professional details after the phone number is verified.
The medical professional will be registered with the service once all the details are verified.
http://atblog.org/finance/what-is-lybrate-and-how-can-a-doctor-register-himself-with-the-service/

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