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home loan

SBI announces processing fees waiver on car loans, lower housing EMIs during festive season

Customers can avail attractive and cheaper loans with added benefits –waiver in processing fees, pre-approved digital loans and loans with no escalation in interest rates – spread across various categories.     

Aug 20, 2019, 11:12 AM IST

State Bank of India cuts home loan interest rates across all tenors

SBI said that marginal cost of fund based lending rate (MCLR) will be reduced by 15 basis points across all tenors and the revised rates will be effective from August 10.

Aug 07, 2019, 14:46 PM IST

Home loan customers can opt between Repo rate-linked and MCLR-linked loans: SBI MD PK Gupta

He added, in case of repo rate-linked home loan, you must repay a minimum 3 per cent of the principal loan amount every year.

Jun 12, 2019, 12:23 PM IST

RBI to hold more talks with banks on linking home, auto loans with external benchmark

In December 2018, the RBI had proposed that floating interest rates on personal, home, auto and micro and small enterprises (MSEs) loans should be linked to external benchmarks like repo rate or treasury yields, from April 1, 2019.

Apr 04, 2019, 17:22 PM IST

Banks unlikely to match RBI's rate cut any time soon

Banks are reluctant to cut deposit rates in the fiscal year`s last quarter, as they are keen to shore up their books while not losing hefty deposits.

Feb 08, 2019, 16:30 PM IST

Interest on home, auto, MSE loans to be linked to new benchmarks from April 1

The final guidelines to link the interest rate to external benchmarks will be issued by the end of this month.

Dec 06, 2018, 09:57 AM IST

New benchmarks for interest on home, auto loans from April 1, 2019

Currently, banks follow system of internal benchmarks, including Prime Lending Rate (PLR), Benchmark Prime Lending Rate (BPLR), Base rate and Marginal Cost of Funds based Lending Rate (MCLR).

Dec 05, 2018, 23:12 PM IST

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.

Feb 08, 2018, 07:30 AM IST

Save money on home loans: Here are 5 ways you can do so

Here are 5 ways in which you can save money on home loans.

Jan 23, 2018, 17:19 PM IST

Impact of base rate, BPLR changes on your home loan EMIs

As per the RBI guidelines, banks are supposed to revise the base rates at least once every quarter.

Jan 04, 2018, 07:01 AM IST

Impact of credit cards on your home loan

Having a higher credit card limit can reduce chances of getting a home loan.

Dec 16, 2017, 14:54 PM IST

Keep these points in mind before applying for home loan

Most of us dream to own a property, but lack of requisite amount leaves us with no choice but to go for a bank loan.

Dec 15, 2017, 12:22 PM IST

Interest rate cut: Know how it will benefit home loan borrowers

Banks switched to MCLR as their new benchmark lending rate from June last year, replacing the base rate system for new borrowers.

Aug 03, 2017, 13:59 PM IST

Good news for home buyers! ICICI Bank cuts interest on housing loan by up to 0.3%

After State Bank of India (SBI) and LIC Housing Finance, ICICI Bank on Monday decided to cut home loan rate by up to 0.3 percent for loans up to Rs 30 lakh to promote affordable housing.

 

 

May 15, 2017, 15:39 PM IST

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.

Mar 30, 2017, 16:39 PM IST

Budget 2017: Major expectations of common man from Finance Minister Arun Jaitley

Be it tax exemption, hiking the transport allowances, increasing the rebate cap on home loans, giving subsidies to farmers or addressing the issue of women's and senior citizens' taxation, the decision of the Finance Minister will be closely watched by one and all.

Jan 29, 2017, 17:05 PM IST

Rate cut bandwagon: HDFC Bank, Canara Bank cut lending rates by up to 0.9%

Home and other loans are all set to be cheaper as major banks such HDFC Bank and Canara Bank joined the rate cut bandwagon by cutting lending rates up to 0.9 percent.

Jan 04, 2017, 22:54 PM IST

HDFC reduced the interest rates for home loan

HDFC reduced the interest rates for home loan. Watch this special segment and get to know more here.

Jan 04, 2017, 16:49 PM IST

Banks cut down the interest rates

Banks cut down the interest rates. Watch this special segment and get to know more here.

Jan 03, 2017, 15:06 PM IST

Discussion : Flop Show of RBI after new credit policy

RBI's credit policy has made no changes in EMI and disappointed common people. Watch this special segment and get to know more here.

Dec 08, 2016, 11:52 AM IST