Written by Sabi Aggarwal
Husband working in an electronic showroom and wife taking tuitions
The above snapshot gives an example of a working couple. They availed Swaraj Home Loans to realize their housing dreams. By availing a joint home loan they shared their debt burden and also get a higher housing loan.
A joint home loan is given to blood relatives like parents and children or married couples. If you are worried because of your low CIBIL score, income or debt burden, go for joint home loans. Let have a glance on some of the benefits of Joint Home Loan and see how this can make your life easier.
Additionally, applying with a co-applicant makes you eligible for benefits under progressive schemes of Government. In order to become eligible for Credit Linked Subsidy Scheme CLSS under Pradhan Mantri Awas Yojana, one adult female membership is mandatory in the property ownership.