home loan

RBI surprises with 0.25% rate cut; EMIs on home, auto loans to come down

In a pleasant surprise, RBI on Thursday cut its policy rate by 0.25 percent in the first reduction in 20 months and promised more, paving way for cheaper home and auto loans as also lower cost of funds for corporate borrowers.

Jan 15, 2015, 20:23 PM IST

HDFC launches fixed rate home loan; lowers deposit rate

Mortgage lender HDFC Monday launched a fixed interest rate home loan product for a limited period as part of New Year celebrations to attract customers.

Dec 22, 2014, 20:17 PM IST

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.

Sep 03, 2014, 20:44 PM IST

Home, auto EMIs to remain intact, as RBI retains interest rates

Reserve Bank of India (RBI) left key interest rates unchanged in its third bi-monthly monetary policy review Tuesday.

Aug 05, 2014, 13:11 PM IST

ICICI Bank announces cut in home loan rates

ICICI Bank, the largest private sector lender, has announced a 0.10 percent reduction in home loan rates for a limited period, bringing them on par with bigger rival State Bank of India.

May 19, 2014, 20:05 PM IST

Axis launches home loan scheme for below Rs 10K earners

Private sector lender Axis Bank has launched a home loan product for households earning as low as Rs 8,000 a month, targeting disbursals of up to Rs 1,000 crore in a year's time, a senior bank official said on Wednesday .

Apr 02, 2014, 19:37 PM IST

HDFC Q3 net profit rises 13% at Rs 1935 cr

Housing finance major HDFC Wednesday reported a 13.4 percent jump in net profit at Rs 1,934.84 crore for the third quarter ended December 31, 2013.

Jan 22, 2014, 14:08 PM IST

Kotak Bank says seeing fall in home loan book growth

Private sector lender Kotak Mahindra Bank is witnessing a sizable reduction in its home loan book growth in the current fiscal at 10-15 percent levels on poor consumer sentiment, a senior official has said.

Dec 29, 2013, 19:58 PM IST

Kotak Mahindra Bank reduces home loan rates by up to 0.25%

Accordingly, new home loans under Rs 75 lakh will be available at 10.25 percent per annum, down from the earlier 10.50 percent.

Dec 24, 2013, 18:05 PM IST

RBI surprises market, keeps interest rates unchanged

The Reserve Bank on Wednesday kept the Repo rate unchanged at 7.75 percent in its mid-quarter review of monetary policy.

Dec 18, 2013, 11:04 AM IST

India Ratings sounds note of caution on RBI policy meet eve

The central bank will tomorrow hold its mid-quarter review of the monetary policy, where it is widely expected to hike key interest rates.

Dec 17, 2013, 21:39 PM IST

Loans to become costlier as SBI raises lending rates by 0.20%

Home, auto and consumer loans are expected to become costlier with the country's largest lender State Bank of India (SBI) raising its lending rates by 0.20 percent with effect from tomorrow.

Nov 06, 2013, 13:27 PM IST

RBI Q2 monetary policy review: Key Highlights

Following are the highlights of the RBI's second quarter review of monetary policy 2013-14:

Oct 29, 2013, 12:21 PM IST

RBI second quarter monetary policy review: Reactions

RBI raised its policy interest rate for the second time in as many months on Tuesday.

Oct 29, 2013, 11:44 AM IST

RBI hikes interest rates again by 0.25%, EMIs to go up further

The central bank, however, slashed the Marginal Standing Facility (MSF) rate by 0.25 to 8.75 percent.

Oct 29, 2013, 08:37 AM IST

Indian Bank offers special combo loan scheme

Under the scheme, customer availing home loan will be charged base rate.

Oct 04, 2013, 19:35 PM IST

Safeguard your investment

While it may not be mandatory, taking term insurance to cover your home loan is certainly advisable.

Sep 17, 2013, 11:13 AM IST

Work out a combo deal

Plan the funding for your home before getting married or you may stay in rental accommodation for a very long time.

Sep 02, 2013, 10:00 AM IST

Grab the festive rates opportunity

Many banks have come up with festive discount offers and are offering loans on base rate.

Aug 14, 2013, 11:40 AM IST

Home loans: Compare bank interest rates

Let’s have a look at the interest rates on Home loan of some of the major banks of the country.

Jul 13, 2013, 19:26 PM IST