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New Dangerous Home Loan Rule You Must Know

Original: New Dangerous Home Loan Rule you must know!

147.3K views ยท Mar 28, 2026 ยท 14:08 min ยท Watch on YouTube โ†—
Takeaway

Maintain a 6-12 month EMI buffer and loan insurance before taking a home loan because banks can auction your home after just three missed EMIs.

Summary

  • Highlights a viral case where a borrower lost his home to bank auction after missing only 3 EMIs following a job loss, despite having paid 8 years of EMIs.
  • Warns about rising IT/cross-industry layoffs (Meta, Microsoft, TCS, Amazon) making home-loan default risk much higher for middle-class buyers.
  • Recommends building an emergency fund covering 6-12 months of EMIs, plus loan-protection insurance, before taking a home loan.
  • Stresses preparing for worst-case scenarios proactively rather than reacting after job loss โ€” banks can auction property under SARFAESI quickly.
home loanjob lossemergency fund
Original description 
๐Ÿ“Œ ๐Ž๐ฉ๐ž๐ง ๐˜๐จ๐ฎ๐ซ ๐ƒ๐ž๐ฆ๐š๐ญ ๐€๐œ๐œ๐จ๐ฎ๐ง๐ญ
๐’๐’†๐’“๐’๐’…๐’‰๐’‚ ๐‘จ๐’„๐’„๐’๐’–๐’๐’• ๐‘ณ๐’Š๐’๐’Œ ๐Ÿ‘‰ https://zerodha.com/open-account?c=ZM...
๐‘จ๐’๐’ˆ๐’†๐’ ๐‘ฉ๐’“๐’๐’Œ๐’Š๐’๐’ˆ ๐Ÿ‘‰ https://angel-one.onelink.me/Wjgr/8vx...
๐”๐๐’๐“๐Ž๐— ๐Ÿ‘‰ https://tinyurl.com/y8sbw9w8
๐…๐‹๐˜๐„๐‘๐’ ๐Ÿ‘‰ https://bit.ly/3JZwgyc

๐Ÿ“Œ ๐๐ž๐ฌ๐ญ ๐“๐ž๐ซ๐ฆ & ๐‡๐ž๐š๐ฅ๐ญ๐ก ๐ˆ๐ง๐ฌ๐ฎ๐ซ๐š๐ง๐œ๐ž (๐’๐ฉ๐š๐ฆ-๐Ÿ๐ซ๐ž๐ž ๐€๐๐ฏ๐ข๐œ๐ž)
๐ƒ๐ข๐ญ๐ญ๐จ ๐ˆ๐ง๐ฌ๐ฎ๐ซ๐š๐ง๐œ๐ž ๐Ÿ‘‰ https://ditto.sh/1bzezx

๐Ÿ”” ๐‰๐จ๐ข๐ง ๐Ž๐ฎ๐ซ ๐…๐ข๐ง๐š๐ง๐œ๐ข๐š๐ฅ ๐‚๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐ญ๐ฒ

๐“๐ž๐ฅ๐ž๐ ๐ซ๐š๐ฆ ๐Ÿ‘‰  https://telegram.openinapp.co/money-purse
๐–๐ก๐š๐ญ๐ฌ๐€๐ฉ๐ฉ ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ ๐Ÿ‘‰ https://tinyurl.com/32cra3sc
๐†๐ž๐ญ ๐…๐ข๐ญ ๐…๐š๐ฆ๐ข๐ฅ๐ฒ (๐’๐ญ๐ซ๐š๐ฏ๐š) ๐Ÿ‘‰ https://strava.app.link/4U0TAr1zzTb

๐Ÿค ๐’๐ญ๐š๐ฒ ๐‚๐จ๐ง๐ง๐ž๐œ๐ญ๐ž๐ ๐–๐ข๐ญ๐ก ๐”๐ฌ
๐ˆ๐ง๐ฌ๐ญ๐š๐ ๐ซ๐š๐ฆ ๐Ÿ‘‰   / moneypurseadv  
๐“๐ฐ๐ข๐ญ๐ญ๐ž๐ซ ๐Ÿ‘‰   / moneypurseadv  
๐…๐š๐œ๐ž๐›๐จ๐จ๐ค ๐Ÿ‘‰   / moneypurseadv  

Thanks for watching.
Team Money Purse

What is in for you?
00:00 Introduction
01:58 Case Study
04:44 RBI Rules on EMI Overdue
05:53 The Act which allows the Bankers to go for Auction
07:43 SARFAESI Act 2002
09:43 Observations in the Case Study and the Solutions to tackle


Disclaimer: We are not SEBI registered. Before taking any positions, contact your financial advisor. we are not responsible for any Profits or losses; whatever we are providing here is purely educational and informational point of view