HomeNewsTrendsFeaturesReverse mortgage: The bank pays you the EMI

Reverse mortgage: The bank pays you the EMI

Reverse mortgage has so far been a lousy product that senior citizens didn’t want. But that’s about to change.

January 11, 2011 / 12:17 IST

By: NS Ramnath/ Forbes India

Reverse mortgage has so far been a lousy product that senior citizens didn
first published: Jan 10, 2011 09:35 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347