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Home loan rate News

08 Feb 2018

Home loan set to get cheaper for borrowers with older base rate regime

These home loan borrowers, who were stuck in the older base rate regime, will now be linked to the current market-linked benchmark from April 1.

26 May 2017

Bajaj Finserv reduces home loan interest rate to 8.50% in special offer

Bajaj Finserv, India`s most diversified financial company, through its lending arm Bajaj Finance, is offering home loans at just 8.50% for a limited period.

13 Jan 2017

Reports on the options for cheap home loans

bank lending rate

07 Jun 2016

Competition will result in banks passing on rate cut to consumers; not RBI interference: Raghuram Rajan

The banking sector struggling with bad loans is not expected to lower interest rates anytime in the near future, as banks have to clean up their balance sheets before lowering the interest rates, said RBI Governor Raghuram Rajan.

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.

24 Nov 2015

India's small towns adding to home loan growth by 19%

Home loans were up 8.6 percent against 7.5 percent at Rs 6.83 trillion.

24 Oct 2015

Property Plus: Bank and Finance companies tie up for easy home loan rates

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14 Apr 2015

ICICI, Axis cut home loan rate by up to 0.25%

The move follows rate cuts initiated by leading players State Bank of India and HDFC Ltd in the past few days.

14 Apr 2015

ICICI Bank cuts home loan rate by 0.25%

ICICI Bank on Tuesday slashed home loan rate for both existing as well as new borrowers by 0.25 per cent joining a rate cut war initiated by its bigger rivals HDFC Ltd and SBI.

14 Apr 2015

ICICI Bank cuts home loan rate by 0.25%

ICICI Bank Ltd, India's biggest private sector lender by assets, Tuesday announced a cut in home loan interest rate by 0.25 percent for new and existing borrowers.

09 Dec 2014

Axis Bank offers 20-year fixed home loan rate of 10.4%

Axis Bank on Tuesday launched a 20-year home loan scheme at a fixed rate of 10.40 percent for loans of up to Rs 50 lakh.

Oriental Bank of Commerce

03 Sep 2014

OBC cuts interest rate on home loan by 0.5%

State-owned Oriental Bank of Commerce (OBC) Wednesday cut home loan rate by 0.5 percent to 10.25 percent.

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