Which type of loan is not required to be paid back during the life time of a borrower?
Reverse Mortgage Loan: Aged people above 60 years of age, make use their property to mortgage to a financial institution or a bank and in return FI/Bank will pay monthly installments to the homeowner(s) and after the demise of the senior citizen the property will be taken over by the bank and sold in order to recover their investment and the excess money is given to the legal heir of the property. However, the property owner should reside in the home that is reverse mortgaged and should pay the property taxes.
Who is collaborating with IIT Madras to develop the Hyperloop facility?
Which country ranks third in the Hurun Global Unicorn Index 2024 with 67 unicorns?
What is the total cost of the newly developed Sabroom ICP Land Port in Tripura?
Which scheme was extended by the Union Cabinet to support Animal Husbandry infrastructure?
When is Safer Internet Day observed in 2024?
What percentage increase in gross direct tax collections was reported for FY 2023-24?
Which country is collaborating with Indian Railways to achieve Mission Net Zero Carbon Emission by 2030?
Which Indian state saw the inauguration of Asia's first Hyperloop test track?
Which significant event does National Science Day on 28th February commemorate?
What was the total UPI transaction value processed in March 2024?