Aavas Financiers ltd.

Intro:  What traits do you need to run a successful new venture in today’s challenging time? Read on to find the five must-have traits which an entrepreneur need to acquire   A Growth Mindset A growth mindset is the best thing to have to take your business to the next level and achieve exponential growth whatever the circumstances or difficulties may be. A fluid and unruffled entrepreneur with a growth mindset, unlike someone with a fixed mindset, goes full steam ahead to execute his ideas and. A person with a growth mindset always looks for the right opportunity to strike out on his own. As a matter of fact, there is a tremendous need to develop a growth mindset in today’s challenging times. For an entrepreneur, a growth mindset is an asset given the competitive and volatile nature of any business venture.   Have a Not-To-Do List Warren Buffett once said, “The difference between successful people and really successful people is that really successful pe...

Pradhan Mantri Awas Yojana Pradhan Mantri Awas Yojna was introduced in June 2015. The scheme aims at providing interest subsidy to customers availing home loans called Credit Link Subsidy Scheme ( CLSS). The subsidy can be availed by customers willing to purchase a house/construction of a house/extension to the already built property/repair and renovation of the house. The scheme is implemented till 31 March 2022. The interest subsidy is calculated as NPV ( Net Present Value ) of the interest amount at a discount rate of 9 %. The amount of interest subsidy depends on the household income slabs categorized as EWS/LIG/MIG-1, MIG-2. These categories are further explained as follows: EWS (Economic Weaker Section) category: This category is the economic weaker section of the a society whose household/family income is less than 3 lakhs. Maximum 6.5% of interest subsidy can be availed by EWS category customers on a maximum loan amount of 6 lakhs. The maximum carpet area of th...