IRCTC senior citizen AGE limit - Indian Railways Age Limit Modification 1/6/2011

Change in the element of concession and Age limit of senior citizens

1. The minimum age for availing concession from 60 years has been reduced to 58 years in case of Women senior citizens. However, the element of Concession will continue to remain at 50%.

2. There is increase in the element of concession in case of men senior Citizens from 30% to 40%.The minimum age will, however, continue to be 60 Years in case of men.

The above concession will be admissible on tickets purchased on and after 01.06.2011. In case of ticket already issued for travels on & after 01.06.2011, refund of difference of fares will not be admissible.

Home Loan Tips

• To get a home loan never try to make document or you might face serious problems in future.
• Avoid 3rd party loan agent and prefer direct bank home loan agents only.
• Prefer nationalise banks like SBI, Bank of India or better loan rates and clean process, or
  you can perfer a home loan specialized bank like HDFC Home Loan Finance Ltd for a clean and quick process.
• Pre-approved home loan gives an advantage while negotiating a home buying deal.
• Your home loan EMI should not be more than 40% of your take away(net) salary.
• Go for a longer home loan tenure(20 years+) as low EMI, rupee devaluation and property price appriciation over a period of time more benefitial.
• Try making home loan pre-payments as a part of your yearly investments as it reduces the home loan principal amount. Reducing loan EMI amount or loan period is optional and take what helps you the best.

Home Loan EMI Calculator

Home Loan EMI Calculator
Home loan EMI calculator helps plan home loan and calculates loan EMI by taking the required home loan amount, loan tenure and the rate on interest into consideration.