A mortgage loan against property refers to the amount borrowed by an individual from a bank against his property. The mortgage property under this agreement is subject to physical guarantee in case of failure of repayment on time as mentioned in the agreement. The failure of loan repayment gives rights to the bank to seize the mortgaged property. A property can be mortgaged with a bank for...
CIBIL Score is a numerical analytical report of the credit status of an individual. It represents a standard score by analyzing the credit history of a user. The CIBIL Score is considered poor if it lies between 300-550, and it stands excellent if your score lies between 750-900. It is also called a Credit Information Report (CIR). If you are planning to buy any property and you want to apply for a...