This is one of the concept which many people don't know about.This is similar to loan which is very much useful for senior citizens.Though this type of loan is very common in foreign countries , in India its still a unknown concept.
Many senior citizens will be having own houses but don't have a source of income to live their life.This loan is a life saver for those people.
Everyone knows the meaning of mortgage , This is a loan in which your property will be taken as a security and you will be provided with income (like salary) every month or quarterly depending on the way we select .
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