India’s economic landscape has changed in the past few years. Among the many shifts that have taken place is the rise in the number of women who are now part of the nation’s workforce, and consequently, also in charge of their finances. As a result, property ownership among women has also seen an uptick over the last few years. A recent survey titled the Aspiration Index which was conducted by BankBazaar highlights this changing real estate trend. It notes that on average, more women have ongoing home compared to men.
With regard to home loans, there are several benefits that women borrowers can avail of as a primary or co-applicant for a home loan. These incentives can help borrowers save on their loan, as well as loan-related costs. Let’s look at some of the most important benefits that are available to women home loan borrowers.
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