STUDY ON REVERSE MORTGAGE LOAN

  • Unique Paper ID: 153868
  • Volume: 8
  • Issue: 8
  • PageNo: 216-219
  • Abstract:
  • After a life time of Working and raising families, you deserve a good retirement period. SBI reverse mortgage loan provides an additional source of income for senior citizens of India, who have a self-acquire or self-occupied home in India. This product is beneficial for senior citizens who do not have adequate income to support themselves. The bank makes payments to borrower/borrowers (in case of living spouse), against mortgage of his/their residential house property. The borrower is not expected to service the loan during his life time.

Copyright & License

Copyright © 2025 Authors retain the copyright of this article. This article is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

BibTeX

@article{153868,
        author = {Ch.Shalini },
        title = {STUDY ON REVERSE MORTGAGE LOAN},
        journal = {International Journal of Innovative Research in Technology},
        year = {},
        volume = {8},
        number = {8},
        pages = {216-219},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=153868},
        abstract = {After a life time of Working and raising families, you deserve a good retirement period. SBI reverse mortgage loan provides an additional source of income for senior citizens of India, who have a self-acquire or self-occupied home in India. This product is beneficial for senior citizens who do not have adequate income to support themselves. The bank makes payments to borrower/borrowers (in case of living spouse), against mortgage of his/their residential house property. The borrower is not expected to service the loan during his life time.},
        keywords = {},
        month = {},
        }

Cite This Article

  • ISSN: 2349-6002
  • Volume: 8
  • Issue: 8
  • PageNo: 216-219

STUDY ON REVERSE MORTGAGE LOAN

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