The reverse mortgage has gained popularity lately for its easy availability and assurance of security for senior citizens throughout their retired life. It gives access to finances as a recurring cash flow against the mortgage of a residential property.
Payments received under the reverse mortgage scheme are tax-free. However, you must ask yourself a few questions before availing this finance. With options like Bajaj Finserv’s Loan Against Property, the questions on reverse mortgage further gain importance.
On the contrary, eliminate any such risk by applying for a Bajaj Finserv Loan Against Property across attractive Mortgage Loan interest rates and nominal additional charges.
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