Reverse Mortgage Loan enabled Annuity (RMLeA)

Reverse Mortgage Loan enabled Annuity (RMLeA) National Housing Bank (NHB) in collaboration with Star Union Daichi Life¬†Insurance Company Ltd., (SUD Life) and Central Bank of India (CBI) have introduced Reverse Mortgage Loan (RML) to ensure lifetime annuity payments to senior…

Property Mortgage Laws in India

Property Mortgage Laws in India The Transfer of Property Act, 1882 deals with the mortgage of immovable property in India. The mortgage is the transfer of an interest in immovable property for the purpose of securing a loan or the…