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Mar 3

March 3, 2021

What is margin money in home loans?

What is Margin Money in Home Loans?

Going to buy a flat ? Checking out flats in Kerala ? You must be going for a home loan before you buy. As a first-time home loan borrower, you should know what margin money or down payment is?  Even though you are availing a loan to buy a flat, you have to contribute to the home loan amount. But are you confused on how much you will be expected to pay out of your own pocket as the margin…

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