Reverse Mortgage Loan (RML) is a scheme created by the National Housing Bank (NHB) to help Senior Citizens (people over the age of 60 years) to benefit from periodical installments from a lender against the mortgage of his/her house while staying the proprietor and inhabitant of the home. The borrowers are not needed to support the loan during their lifetime and, consequently, don't make month-to-month reimbursements of head and interest to the lender.