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Home loan interest News

30 Mar 2017

Home loan interest too high for Indian buyers, study finds

There is significant demand for affordable housing amongst the younger age (25-44 years) in smaller towns than in metros and mini-metros.

07 Apr 2016

SBI, ICICI cut home loan rate by 0.10%

Leading banks SBI and ICICI on Thursday cut their home loan rates by 0.10 percentage point to 9.4 percent following implementation of a new interest rate calculation regime mandated by RBI.

04 Oct 2015

SBI to charge up to 10% for home loans

The rate for Maxgain home loans above Rs 1 crore - at 9.75 percent for women - would come down by only 20 basis points, while for other customers it would actually remain unchanged at 10 percent with effect from tomorrow despite a reduction of 40 basis points in base rate.

26 Jun 2014

Budget 2014: First time home buyers likely to get concession

The government might also give interest subvention to first time house owners in the Budget.

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