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BASIC Home Loan reaches Rs 10,000 crore annualised disbursement rate, turns EBITDA-positive

By India Today Business Desk: Fintech start-up BASIC Home Loan announced that it has reached an annualised disbursement rate of Rs 10,000 crore and enabled gross disbursement of home loans worth Rs 900 crore as of March 2023.

BASIC Home Loan and ApnaComplex join hands to enable doorstep access to home loan advisory & disbursal

Residential communities across 6,00,000+ households in 80+ cities will now have quick access to the best possible Home Loan products, from the comfort of their home.

BASIC Home Loan Partners With Vaishnavi Group

The partnership marks BASIC's journey towards digitizing the home loan process for the customers of real estate developers across the country.

StayAbode Co-founder joins Founding Team of BASIC Home Loan to build Business Vertical Aimed at Builders

BASIC Home Loan (Basic Enterprises Pvt. Ltd.), a Gurgaon-headquartered company working…

India’s affordable home buyers low on awareness about Pmay Scheme: Basic Home Loan Survey

Despite the Government extending tax benefits for the affordable housing segment in the recent Budget…

BASIC Home Loan to Hire, Develop & Train 25K Entrepreneurs

According to the statement, the role of home loan advisors will entail educating and advising home buyers the right lending product according to their needs. They will be expected to do end to end documentation and fulfilment on behalf of customers using the BASIC technology platform.

BASIC Home Loan raises $500K in seed round

BASIC Home Loan, a Gurugram-based startup developing a platform for automating home loans for middle and low-income households in India, has raised a $500,000 Seed round from Picus Capital, a Germany-based early-stage technology investment firm.

Why Should You Refinance A Home Loan?

Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations.

The Start-Up That Is Helping People Own Homes - Basic Home Loan In an exclusive interaction with Marketing In Asia, Founders of Basic Home Loan

In an exclusive interaction with Marketing In Asia, Founders of Basic Home Loan shares its growth story.

Securing a home loan liability: Home loan insurance or term policy?

The main difference is that home loan insurance covers property, while a term policy covers a person’s life

Buried in debt and a loan to repay? Here’s a way out

Paying off extra EMIs when you get a bonus to talking to your bank to reduce your home loan burden during festive occasion offers can work in your favour

Budget 2022: Tax Sops, Stamp Duty Rebates Key Measures Homebuyers Expect Today

The year 2021 in many ways was the year of hope and revival whereas 2022 will be the year to sustain the growth momentum.

How entrepreneurs sleep soundly

How entrepreneurs sleep soundly Five startup founders share their tips and tricks to deal with stress and sleep deprivation Rashmi Menon rashmi.m@livemint.com he chaos of covid-19 has T had adirect impact on our sleep cycles.

Are you planning to sell a home, which has an outstanding loan on it?

SHEHZIN.SHAIKH @timesgroup.com (name T homas Boy ] changed on request) wants to sell his existing 2-BHE apartment in the city centre and move to the outskirts where he has booked a 4-BHE home in a gated community.

The real cost of your home loan

The real cost of your home loan Buying a home is affordable now due to lowest-best interest rates. However, that should not be the only factor to consider.

3 risks to assess before going in for a joint home loan

While it’s always beneficial to have a co-guarantor, a homebuyer should also keep the risks of availing a joint home loan in mind.

The pandemic has shifted buyer sentiment: Report

Pandemic has shifted buyer sentiment: Report Only 16 per cent of the survey respondents trust a real estate broker to get them the best deal on their dream home.

Closing your home loan? Here are things you need to know

To get the lien against your property removed, the lender may require the NOC from the lenders. The removal of lien may take up to 10 days.

47% of respondents prefer availing home loan from public sector banks: Survey

The homebuyers’ survey was conducted to understand the buying behavior and preferences of people amidst the pandemic, and took responses from 1,000+ participants.

Here are four points women home loan borrowers should take note of

Along with the ease of stamp duties and interest rates, women borrowers also enjoy exemptions on home loans under section 80C

How BASIC Home Loan is digitising home loans across India

With a “phygital’ approach towards disbursement of loans, Gurugram-based FinTech- Basic Home Loan is digitising home loans while increasing its penetration in low and middle-income households in India. Atul Monga, Founder of Basic Home Loan shares insights on how it’s tying up with lenders and agents to simplify home loans.

Looking for a second home amidst Pandemic? Here are some smart buying tips

The combination of a need to have a safer place outside the city-wide crowd, remote working being the new normal and low home loan rates are creating an ideal environment for Indians to invest in second homes

How taking a joint home loan is beneficial for you?

Besides the benefit of availing a larger home loan, joint home loan owners realize the lessened cost of the home due to substantial tax benefits.

Three reasons why millennials are buying houses amid Covid-19

One year ago, millennials were reluctant to buy a home or invest in a property, because they were more drawn to the flexibility of changing jobs. But Covid-19 has brought about a change in their plans

Asia Tech Podcast – Episode 121 – Atul Monga – Co-founder & CEO of BASIC Home Loan – Automating Affordable Housing Loans

The Asia Tech Podcast had a chat with Atul Monga, a Founder of Basic Home Loan.

BASIC Home Loan: How this start-up is tapping affordable housing loan segment in tier 2 & tier 3 cities

In a country where 60 percent of the loans are sanctioned in just Delhi-national capital region (NCR) and Maharashtra, it is obviously difficult for those in tier 2 and tier 3 cities to buy their dream home. The tedious home loan process and lack of bank branches in small towns has made it difficult for millions of potential buyers to purchase a house.

A look at the key drivers for India’s affordable housing story

Housing is a key part of a family's well-being and social mobility. As the monthly family budget plays a big role in this decision, be it the rent or EMI of a home loan, the low income groups are usually always striving for an affordable option

The Future Of Technology In Home Lending: What Lies Ahead

In the current scenario, the growth trajectory for retail lending and especially for home lending may seem slowed down given lowering of disposal income

BASIC Home Loan to hire, develop and train 25K entrepreneurs

Aiming to become a partner in India's goal of 'Atmanirbhar Bharat' and 'Housing for All', the Picus Capital-backed company plans to hire, develop and train entrepreneurs, especially solopreneurs, under its BASIC Force initiative.

3 ways to close your home loan quickly

For the Indian consumer, owning a home has always been regarded as one of the biggest life goals of their career.

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