World Saree Day 2024: Surya Sarees Pays Tribute to Timeless Craftsmanship
24th December 2024 New Delhi, Delhi, India Surya Sarees, Delhi’s renowned ethnic fashion house, celebrates World Saree Day 2024 with grandeur, grace, and an unwavering commitment to India’s sartorial heritage.
The saree, an enduring symbol of elegance and craftsmanship, reflects centuries of artistry, woven into threads of tradition. Whether it’s the vibrancy of red symbolizing celebration or the purity of white speaking of grace, it is not just a garment but a legacy passed down to women of yesterday, today, and tomorrow. As proud custodians of this timeless art, Surya Sarees continues to champion the beauty and legacy of the saree in its signature style.
Rekindling Tradition in a Modern World
In an era where Western fashion dominates wardrobes, the artistry of sarees and their creators often risks being forgotten. From deep blues to festive yellows, Surya Sarees takes this responsibility to heart, striving to keep the magic of Indian craftsmanship alive and inspiring younger generations to embrace the saree in their own unique ways.
“It is our honour to showcase the splendour of sarees and ensure their place in contemporary fashion. Each saree tells a story, and we want every woman to experience this heritage,” said Mr. Raghav Mittal, COO of Surya Sarees.
The Grand Celebration
To mark this significant day, Surya Sarees is hosting an exclusive showcase featuring a curated collection of their handpicked sarees—masterpieces that blend classic traditions with contemporary designs. The invite-only event promises an immersive experience, featuring:
- Saree Styling Sessions: Experts from Surya Sarees will guide attendees on ways to style sarees for every occasion—traditional or modern.
- Saree Draping Workshop: Led by Jesi from Chennai, a renowned saree drapist, the session will unravel the art of flawless draping, highlighting the beauty of each fabric.
A Legacy of Craftsmanship
The sarees showcased are treasures of India’s rich textile heritage, encompassing both handloom and embroidered wonders:
Handloom Sarees: Banarasi (Varanasi’s golden weave), Kanjeevaram (Tamil Nadu’s silk marvel), Bandhej (Gujarat’s tie-dye art), Patan Patola (double ikat royalty), and Bhagalpur Tussar silks—each a masterpiece rooted in history.
Embroidered Classics: Kashmiri Tila work, Lucknowi Chikankari, Dabka Zardozi, and Parsi Gara—each thread is a testimony to intricate craftsmanship and tradition.
From the shimmering gold threads of a Kanjeevaram to the soft pink tones of a Lucknowi Chikankari, every creation at Surya Sarees reflects unparalleled artistry. Whether it’s the Kashmiri embroidery that mirrors the green beauty of the valley or the subtle orange hues of Gujarat’s Bandhej, these sarees pay homage to the artisans who keep these traditions alive.
A Commitment to Elegance
Surya Sarees stands as a beacon of India’s cultural heritage, ensuring the saree remains a cherished symbol of grace. On World Saree Day 2024, the fashion house invites saree lovers to celebrate not just a garment but the stories, skills, and timeless beauty woven into every fold.
For Surya Sarees, World Saree Day isn’t just a celebration—it’s a pledge to honor the legacy of Indian craftsmanship and inspire every woman to drape herself in tradition, with flair, elan, and pride.
Industry Experts Outline Vision for 2025, Declare 2024 as a Year of Change
24th December 2024 New Delhi, Delhi, India The year 2024 was a defining period for industries in India, showcasing resilience, innovation, and adaptability across real estate, education, manufacturing, energy, and consumer goods sectors. Companies capitalized on emerging opportunities, achieving remarkable milestones while laying robust foundations for future growth. As they reflect on their achievements, these industry leaders are also setting bold visions for 2025, aiming to drive innovation, sustainability, and excellence in their respective fields.
Mr. Rizwan Sajan, Founder and Chairman, Danube Group reflected on the year, emphasizing optimism for the Indian real estate sector as Group’s projects garnered unprecedented attention by Indian buyers. He adds, “2024 has been a stellar year for us, with projects like Bayz102. Diamondz, and Oasiz1 receiving unprecedented attention, in addition to the launch of Oasiz2. In 2025, we will continue to focus on delivering affordable luxury homes while aiming to double our customer base.”
Mr. Ajay Chaudhary, CMD of Ace Group added, “As we look ahead, we’re optimistic about the prospects of the Indian real estate sector in 2025 and beyond. With the right policies, innovative solutions, and a customer-first approach, we’re confident that the sector will continue to thrive and contribute significantly to the country’s economic growth.” He added, “At Ace Group, we’re committed to delivering futuristic projects that not only meet but exceed our customers’ expectations. With a focus on innovation, sustainability, and customer-centricity, we’re confident that 2025 will be a watershed year for the real estate sector.”
For Kreeva, 2024 was a landmark year, as noted by CEO Mayank Jain, “This year marks a significant milestone for Kreeva as we prepare to make our foray into the luxury real estate segment. With a keen focus on meeting the evolving preferences of high-net-worth individuals, our upcoming projects have already generated considerable anticipation. We are confident that these developments will set new benchmarks in design, quality, and exclusivity. In the upcoming year, we aim to strengthen our presence and scale our operations further across the Delhi-NCR region, delivering exceptional value to our discerning clientele.”
Star Estate also experienced growth, shares Managing Director Vijay Jain highlighting the launch of a Bengaluru office, “This expansion aligns with the growing demand for organized real estate consultation. In 2025, we plan to integrate AI and data analytics to offer personalized property solutions, focusing on a seamless experience from search to post-sale services.”
Mr. Arjunpreet Singh Sahni, Executive Director, Solitaire Group said, “In 2024, we saw successful trial of upcoming Jewar Airport which is in close proximity of our projects and provides excellent connectivity to major roadways including the Yamuna Expressway. As we move into 2025, we expect the connectivity boost provided by the airport, to enhance property values and attract a wave of investors and homebuyers looking for prime locations with easy access to global connectivity. The future looks incredibly promising for our projects, which are set to become a key part of the area’s thriving ecosystem.”
Education saw a strong emphasis on innovation and holistic development. Ramagya Group’s MD, Utkarsh Gupta remarked, “At Ramagya, 2024 was a year of growth and innovation, with a focus on integrating ancient wisdom, like the Bhagavad Gita, into our curriculum, alongside initiatives to enhance emotional intelligence and resilience. In 2025, we plan to expand our programs to nurture critical thinking and global perspectives among students.”
Accurate Group of Institutions introduced skill-focused programs in 2024. Chairperson Poonam Sharma stated, “This year, Accurate School made significant strides by introducing skill-focused programs that align with industry demands. With a strong response from students and parents, we aim to expand infrastructure and foster industry-academia collaborations in 2025, ensuring our students stay ahead in a competitive global environment.”
Green manufacturing gained prominence in 2024 as Mr. Sanchit Sekhwal Goyal, Director of Su-Kam Power Systems Limited said, “Su-Kam focuses on innovative, eco-friendly solutions, introducing advanced lithium batteries and expanding solar products. Our commitment to sustainable energy is evident as we continue to lead the way in energy storage and solar solutions. With an ambitious INR 6000 crore revenue target over five years, we are dedicated to growing our renewable energy offerings by 2025, while contributing to India’s energy security and carbon reduction goals.”
Adding to this, Mr Rajinder Kaul, CMD, Sharika Enterprises shared, “2024 marked a significant milestone for Sharika Enterprises as we cemented our role as a key player in SCADA and ADMS systems under the ‘Make in India’ initiative. This year, we were also empaneled as a system integrator for networking and communication projects with PGCIL. Looking ahead to 2025, we plan to scale these solutions further, advancing a sustainable energy future.”
Axita Cotton’s MD Kushal Patel noted significant growth in production and exports, he further adds “2024 has been a year of growth for us, expanding into new export markets and enhancing production. This progress has strengthened our ability to deliver premium-quality cotton to both domestic and global markets. In 2025, we aim to introduce innovative cotton products and invest further in sustainable farming practices.”
Anmol Industries achieved significant milestones. Executive Director Aman Choudhary remarked, “This year has been a key milestone with the virtual inauguration of our Thakurganj unit by PM Modi. We’re grateful for his support in boosting industrial growth. As part of our expansion, we’ve also participated in regional fairs and look forward to continued growth, product innovation, and contributing to India’s socio-economic development next year.”
Renny’s CEO Sarthak Gupta highlighted their initiatives, “In 2024, we began green manufacturing of structural steel, focusing on Scaffolding & Formwork, integrating solar power. In 2025, we’ll emphasize solar structures and energy-efficient processes. We’re committed to innovation, sustainability, and infrastructure development, driving growth with eco-conscious methods and expanding our value-added products for higher margins in the upcoming fiscal year.”
Tech-driven solutions defined 2024 for Secureye. Director Atul Gupta said, “In 2024, we introduced tech-driven security solutions like the PHOENIX IP camera series. In 2025, we’ll continue embracing digital transformation, expand our distribution network, and introduce new Make in India products to meet evolving customer needs.”
Halonix Technologies’ MD Rakesh Zutshi emphasized innovation “We take pride in being a market leader in the lighting industry, consistently innovating to meet consumer needs. This year, we introduced the SURE MCB Series and the Wall De-Light – Spiritual Series LED lights. Looking ahead to 2025, we’re focused on expanding into advanced smart, IoT-based systems to address evolving demands.”
Prayag Polymers strengthened its market position in 2024, as shared by MD Nitin Aggarwal, “We are proud of our bold marketing and customer outreach efforts, highlighted by signing Malaika Arora as brand ambassador. These initiatives strengthened our market position, and we aim to continue this momentum with innovative, stylish, and functional products in 2025.”
Alniche Lifesciences expanded its product portfolio in 2024, focusing on underserved regions. Director Sumit Arora shared, “The year 2024 has been truly transformative for Alniche Lifesciences as we expanded our product portfolio in both the critical care and nephrology segments. We also focused on broadening our reach, particularly in underserved regions. Looking ahead to 2025, our goal is to further extend our global presence and strengthen our R&D initiatives.”
As industries look towards 2025, the shared vision is one of growth, sustainability, and innovation. With companies committed to expanding their offerings and integrating cutting-edge technologies, 2025 is poised to be a transformative year that builds on the successes of 2024. These organizations, driven by customer-centric approaches and a focus on excellence, are set to play pivotal roles in India’s economic and technological advancement.
Amazon Propel S4: ‘Gift Kya De’ Among 54 Startups Chosen from 900+ D2C Brands
24th December 2024 Raipur, Chhattisgarh, India India is witnessing a boom in start-ups, with many focusing on creating eco-friendly products that prioritise environmental conservation. Among these is Raipur-based start-up Gift Kya De (GKD), a rare manufacturing company that has carved a niche for itself nationwide through its innovative approach and dedicated efforts. By producing Make-in-India products, GKD is playing a crucial role in promoting local manufacturing and self-reliance.
Recognised among India’s Best
Gift Kya De has achieved a major milestone by being selected among the Top 54 D2C start-ups in the prestigious Amazon Propel Start-up Accelerator Season 4. This achievement becomes even more significant considering that over 900 entries were received, out of which only 54 visionary brands made it to the exclusive list. This recognition solidifies GKD’s position as a key player in the eco-friendly and customised gift industry.
What is Amazon Propel?
The Amazon Propel Start-up Accelerator is the flagship program of Amazon Global Selling. It is designed to identify and support promising direct-to-consumer (D2C) start-ups, helping them achieve global expansion. Often likened to India’s popular Shark Tank TV show, Amazon Propel selects entrepreneurs based on the strength of their ideas, business model, and potential for growth. Participants gain access to mentorship, resources, and a platform to showcase their products to a wider international audience.
A Result of Team and Customer Efforts
The directors of GKD credit this success to the trust of their customers, the relentless efforts of their team, and the unwavering support of their investors. They also expressed heartfelt gratitude to the Amazon Global Selling Team for providing this incredible platform that allows GKD to establish a global presence.
Speaking about this milestone, the GKD team shared, “This wouldn’t have been possible without the trust of our amazing customers, the relentless efforts of our incredible GKDians team, the belief of our investors, and the constant support from our well-wishers.”
Redefining Eco-Friendly and Customised Products
Gift Kya De is known for producing environmentally friendly and completely safe products. Additionally, the company specialises in customised products that are not only of superior quality but also captivate customers with their unique designs. Their offerings cater to modern consumer demands for sustainability and personalisation, making them a standout in a competitive market.
Vision for the Future
Amandeep Singh Bhatia and Suyash Chandel, Directors of GKD Solutions Pvt. Ltd., shared their thoughts on this milestone, “This is just the beginning. Together, we will continue to redefine the world of eco-friendly products and gifting while maintaining our customers’ trust.”
This journey of Gift Kya De is not just an achievement but an inspiration for how Indian start-ups can make a mark on the global stage. With its commitment to sustainable practices and customised solutions, GKD aims to further strengthen its mission and explore new dimensions in the realm of eco-friendly and customised products. As the brand continues to propel forward, it remains committed to redefining the future of gifting with sustainability and innovation at its core.
Healthy Holidays: How to Balance Fun and Wellness
24th December 2024 New Delhi, Delhi, India Tis the season for whipping up famed family holiday recipes and serving special, homemade holiday desserts. With so many treats surrounding us this time of year, it’s easy to accidentally overindulge. Combine the loads of delicious food with cold weather and a lack of regular sleep and exercise (not to mention the stress of the times we are living in), and you might find yourself headed straight to sniffle town.
Thankfully, there are ways you can enjoy yourself while staying happy and healthy this holiday season. Here are some simple and effective tips from Celebrity Nutritionist Neha Ranglani to help you enjoy the holiday season while staying in your best health!
1. Workout at Home
Setting realistic workout expectations is important. Gyms are notoriously empty during the last months of the year, and there is a reason for that. During the cold weather season, extra time is spent with friends and family, and going to the gym becomes less of a priority. But just because you can’t go, or maybe you just don’t feel like going to the gym right now, doesn’t mean you can’t sneak some exercise into your day from the comfort of your own home.
A little exercise can boost your energy levels and allow you to feel much better mentally, physically, and emotionally, so ditch the exercise guilt this holiday season and burn off some calories with easy at-home workouts.
2. Substitute Ingredients
Not all holiday recipes need to be strictly followed. Ingredient substitutions are a great way to exercise creativity in the kitchen and pay attention to your health at the same time. For example, skip the breadcrumbs and use finely chopped California walnuts as a coating for fish or poultry instead. Not only is this a nutritious alternative, but it also adds a delicious crunch. They are also an ultimate kitchen essential, delivering a plant-based nutritional punch, endless versatility, and unbeatable flavor. If you’re looking to make a variety of sauces this holiday season, grind walnuts into a meal and use them as a creamy and wholesome thickener for your sauces. Remember, there’s no need to compromise nutrition or taste when you’re making your favorite holiday recipes!
3. Maintain a Balanced Lifestyle
Taking small steps to maintain a balanced daily routine is essential when it comes to sustaining good health during the holidays. Here are some tips that can help alleviate stress, one of the most important ways to stay healthy, especially in these times. Don’t forget to:
- Get enough sleep: Balancing holiday parties, get-togethers, shopping, cooking, and other typical traditions can be absolutely draining. Make sure you’re getting enough rest to let your body recover from all the activity!
- Stay hydrated: Dry, cold weather can easily take a toll on your body, so ensure you’re drinking enough water each day.
- Engage in some form of exercise: Whether you do some squats while you watch your favorite Christmas movie or sneak in a set of push-ups and sit-ups before you hop in the shower, keep your body active in any way, shape, or form.
- Listen to your body: Self-care is an important aspect of health, and if your body is telling you it needs more rest or more nutrients, make sure to listen to it.
- Balance your wants and needs: Depriving yourself of a piece of pie won’t make you happy. Exercise may be good for the body, but dessert is good for the soul, so, if you’re conscious of your choices during the holidays, you’ll be able to have your cake, and eat it, too!
- Your health is extremely important, but taking the time to enjoy the holiday season – desserts included! – is a must. Following the simple tips above will help you maintain your health and happiness throughout the holidays so you can spend more time with friends and family, and less time worrying about catching a winter cold.
Indian Travellers Rejoice: Malaysia Visa Exemption Extended Through 2026
24th December 2024 Putrajaya, Malaysia The government has announced an extension of the visa exemption for Indian nationals until December 31, 2026.
In a statement on Friday (Dec 20), Home Ministry secretary-general Datuk Awang Alik Jeman said this was in line with Malaysia’s 2025 Asean chairmanship and preparations for Visit Malaysia Year 2026.
He added that the government had extended a similar visa exemption to Chinese nationals until the same date.
Awang Alik said the government’s visa liberalisation plan, which has been in place since December 1, 2023, aims to boost the country’s economic and tourism sectors while maintaining national security.
As part of this plan, a 30-day visa exemption is granted to nationals of the People’s Republic of China and India.
“This initiative is part of broader efforts to enhance Malaysia’s appeal as a travel destination while ensuring the safety and security of the nation,” he said.
On-Time Excellence: Saudia and flyadeal Top Global OTP Rankings
24th December 2024 Jeddah, Saudi Arabia Saudia Group has announced exceptional On-Time Performance (OTP) rankings, for its subsidiaries, Saudia and flyadeal, achieving impressive global results, according to a report by the independent aviation tracking site, Cirium, for November 2024.
Saudia, the national flag carrier of Saudi Arabia, has emerged as the new leader among global industry peers, ranking first in On-Time Performance with an impressive on-time arrival rate of 89.85 percent. This achievement comes after operating more than 16,300 flights and marks the third time, following its first-place rankings in June and July of 2024. This accomplishment reiterates the integration and efficiency of Saudia’s operations.
flyadeal, one of the fastest-growing low-cost carriers in Saudi Arabia and the Middle East, achieved a remarkable on-time performance (OTP) of 90.48 percent, securing the second position in the global low-cost airline category for the second consecutive month. Notably, flyadeal was ranked first in this category in September 2024.
His Excellency Engr. Ibrahim Al-Omar, Director General of Saudia Group, said, “These outstanding results underscore the strategic importance of safe and timely operations, which significantly enhance customer confidence across our entire group. Saudia and flyadeal’s commitment to operational excellence is a testament to the collective efforts of our dedicated front-line staff and the invaluable support from all Saudia Group business units.”
He added, “Saudia’s comprehensive transformation program, “Shine” has been instrumental in achieving this accomplishment. Through the program, we launch initiatives aimed at enhancing guest experience and operational efficiency, as well as improving various services and products.”
Jeremy Bowen, Cirium Chief Executive Officer added, “It’s fantastic to see Saudia take the top spot as the most on-time global airline in November, paired with sister carrier flyadeal which secured an impressive second place in the LCC category. These achievements really demonstrate the exceptional operational success of the Saudia Group. Their ongoing dedication to excellence and ability to deliver outstanding results month after month is truly commendable. They continue to set high standards and reinforce their significant impact on the airline industry.”
Within the upcoming few years, Saudia will be receiving 130 new aircraft, which aligns with the plan to double its seating capacity, reach new global destinations, as well as its commitment to bring the world to the Kingdom in line with Vision 2030. Saudia current fleet consists of 144 aircraft connecting the Kingdom with over 100 global destinations. The national flag carrier offers exceptional air services, blending warm Saudi hospitality with diverse, multilingual in-flight entertainment to suit all guest preferences.
flyadeal has a fleet of 36 Airbus A320 family aircraft operating from three main bases in Saudi Arabia – Riyadh, Jeddah and Dammam – to almost 30 year-round and seasonal destinations across the Kingdom and selected Middle East, European and North African cities. From early 2025, flying options will increase significantly as the airline embarks on an international expansion drive.
Xperia Group Welcomes Arindam Pal as Business Head – Integrated Sales
24th December 2024 New Delhi, Delhi, India Having carved a distinct niche for itself in offering innovative, creative and futuristic solutions to clients in on-ground promotions, Xperia Gruoup has been registering an impressive growth trajectory over the years adding on impressive and distinguished clientele. With an ambitious expansion underway, the Group is joined by top Marketing professional of PVR – Mr Arindam Pal. Mr Pal joins Xperia Group as Business Head – Integrated Sales.
Armed with a Management degree from Indian School of Business (ISB) with a robust sense in sales management, analytical task management skills, Pal has had a chequered career in marketing and sales spanning over 24 years across sectors viz. Media (TV, Radio), Cinema, Banking, Financial Services and Telecom Industry. He has a strong edge and expertise to transform businesses with a sharp focus in steering his competitive Go-to-Market strategies, policies and SOPs for driving sales, accelerating YOY business growth. Pal has been ensuring customer delight and accomplishing multi-digit revenue increase while working with top notch organisations like PVR INOX Ltd (VP), Fever FM & Radio One (VP & Operations Head), Bharti Airtel Ltd., Religare Finvest Ltd, Times Business Solution Ltd. HDFC Bank etc.
Speaking on his new role at Xperia Group, Mr Pal said, “I am indeed happy to join a professionally managed Group like Xperia. My role in Group is cut out to drive growth, create niche and effective solutions and expand multiple-fold using creative, technological advancements. The market has huge potential and offers immense opportunities with creative and out-of-the-box ideas to delight clients. The team has good expertise and I am confident that we can take the growth story of Xperia Group to the next level.”
According to Mr Saibal Gupta, Managing Partner & Chief Executive Officer – Xperia Group, “We are delighted to have a seasoned marketing profesional like Arindam in our team. Arindam comes with cutting-edge marketing solutions, expert knowledge and sound delivery. His versatility in delighting clients is a well-known fact in various industries and we are looking forward to delight our clients too.”
Himachal Pradesh Launches SEEL Program in Collaboration with Piramal Foundation
24th December 2024 Kangra, Himachal Pradesh, India In a landmark move to revolutionize the state’s educational system, the Himachal Pradesh government formalized its partnership with the Piramal Foundation by signing a Memorandum of Understanding (MoU). This collaboration is set to align with the vision of the National Education Policy (NEP) 2020, focusing on fostering 21st-century skills, strengthening leadership, and enabling systemic change.
At its core, the initiative aims to cultivate Social, Emotional, and Ethical Learning (SEEL) among the students of HP, paving the way for a future-ready and compassionate generation of learners. Piramal Foundation and the Himachal Pradesh government had signed a Letter of Intent earlier in May 2024 and have now formalized their commitment by signing a 5-year MoU.
The SEE Learning Program developed at the Compassion Centre, at Emory University, USA, was implemented in India through a partnership between Piramal Foundation and Emory University in 2019. This program enables students to strengthen themselves from within through a scientifically robust curriculum that teaches Compassion in the same way as one would teach Geography and Mathematics.
Over the past five years, Piramal Foundation has successfully implemented the SEE Learning program in 6 states across 100,000+ schools across India.
“Every child deserves the opportunity to grow into a good human being, but achieving this is no simple task. It requires a well-structured system to instill these values in our schools. And SEE Learning is perhaps the only solution that we can see. We were genuinely excited when this idea was first introduced. I see this as a valuable opportunity, and we are committed to making the most of it to ensure that every child in Himachal Pradesh benefits from this program,” said Shri Rakesh Kanwar, Secretary of Education, Government of Himachal Pradesh.
“This MoU holds great significance not just for the Piramal Foundation and the Government of Himachal Pradesh but, most importantly, for the children of Himachal Pradesh. Through this partnership, they will gain access to Social, Emotional, and Ethical Learning (SEEL). At Piramal Foundation, we are committed to ensuring that SEEL reaches every child, in every classroom, leaving no one behind,” said Saurabh Johri, Co-founder & Director, SOESC, Piramal School of Leadership.
“Integrating Social, Emotional, and Ethical Learning (SEE Learning) within education is essential for shaping a society rooted in compassion and strength. We are committed to embedding these transformative principles into the heart of India’s school system, nurturing academic growth along with empathy, ethical values, and emotional resilience among students. I believe this partnership with the Himachal Pradesh government is a significant step towards integrating SEE Learning into the state’s educational framework and paving the way for a more inclusive, compassionate, and future-ready education system for students across the region,” Monal Jayaram, Co-founder & Director, SOESC, Piramal School of Leadership.
“The critical need for compassionate education has never been more relevant, and we are taking this forward through SEE Learning. We deeply appreciate the profound support of Piramal Foundation in this endeavour,” said Dr. Lobsang Tenzin Negi, Executive Director, the Center for Contemplative Science and Compassion-Based Ethics, Emory University.
Other distinguished dignitaries present at the occasion included: Mr. Chhime Regzing Chhoekyapa, Senior Secretary at Office of the His Holiness Dalai Lama; Ms. Anshu Dubey and Mr. Ghanshyam Soni, Core Team Members, Piramal School of Leadership (PSL); Ms. Seema Verma, Coordinator, SPD Office, Samagra Shiksha; Ms. Maulshree Kalothia, Program Director, PSL; and Mr. Rajender Kumar, Program Manager, PSL.
This partnership between Piramal School of Leadership and the Himachal Pradesh Government marks a significant step towards creating a more equitable, innovative, and impactful education system.
New Dual Rate Home Loan from Bajaj Housing Finance Offers 3 Years Fixed Interest
24th December 2024 Pune, Maharashtra, India Bajaj Housing Finance Ltd (BHFL) launches the new Dual Rate feature for Home Loans and Loans Against Property in line with their focus on providing borrowers convenient repayment options to help make dream homes a reality.
Key Features
With Dual Rate Home Loans and Loans Against Property, borrowers enjoy a fixed interest rate for the first three years of their repayment tenor. Consequently, with fixed EMIs over this period, borrowers benefit from predictability in their repayment obligation with removed interest rate volatility.
After the first three years, the loan converts to a floating interest rate loan linked to the BHFL Floating Rate Reference (FRR), allowing borrowers to benefit from changes in market conditions.
Applicability
Both salaried and self-employed individuals can benefit from this new feature, as well as a host of other features, such as competitive interest rates and quick and hassle-free processing on over 6,000 approved projects.
Further, in terms of Home Loans, the Dual Rate feature can be availed of by both – prospective borrowers looking to avail of a fresh Home Loan to purchase property, or existing borrowers looking to transfer their Home Loan for more favourable borrowing terms.