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Reverse Mortgage Loan in Hindi - How It Can Help Senior Citizen? | Indianmoney Hindi

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Reverse Mortgage is a kind of loan offered to senior citizens who have a self-occupied home. The main intention of this loan is to provide regular income to senior citizens who do not have any kind of income to support themselves. The borrower can avail this loan after mortgaging his residential house or property. Also, the borrower doesn't have to service the loan during his lifetime. The minimum age for availing this loan is 60 years in the case of the single borrower. In the case of joint borrowers, the spouse should be more than 58 years. Watch this video to know everything about Reverse Mortgage loans. 

 
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