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  Diwali home loan festive offers: Major points to keep in mind before going ahead

  Business | October 29, 2024 13:56 IST

  The banks and other lenders come up with festival special offers that include lower processing fees and reduced interest rates for home loan borrowers, however, experts suggest that consumers should stay vigilant about hidden terms and conditions, considering their long-term financial goals.

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  Planning a home loan? Know the difference between pre-EMI and full-EMI repayment plans

  Business | March 01, 2023 16:18 IST

  Pre-EMI payments can cost less than normal EMI payments, which pay the principal and interest on the loan.

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  Bank of Maharashtra waives processing fee on gold, home, car loans till September 30

  Business | August 06, 2021 10:07 IST

  The lender is offering housing loans and car loans at an interest rate starting from 6.90 per cent and 7.30 per cent respectively, a release said.

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  Budget 2021: Additional deduction of Rs 1.5 lakh on home loan interest extended till March 2022

  Business | February 01, 2021 14:34 IST

  Sitharaman, who had in her first budget in 2019 replaced leather briefcase that had been for decades used for carrying budget documents with a traditional red cloth 'bahi-khata', had earlier this month stated that the budget for the fiscal year beginning April will be "like never before".

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  SBI Festive Offers: Bank waives processing fee on loans; offers special benefits on home, auto loans

  Business | September 28, 2020 14:52 IST

  India's largest bank has announced a 100% waiver in the processing fee for all customers applying for car, gold, and personal loan through YONO. SBI is offering the lowest interest rate starting from 7.5% to customers opting for the car loan. They will also get 100% on-road finance on select models.

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  SBI Home Loans to go cheaper as bank cuts MCLR by 5 bps; interest on FD to go down

  Business | February 07, 2020 12:46 IST

  SBI Home Loans: The country's largest lender State Bank of India (SBI) on Friday announced a 5 basis points reduction in its MCLR across tenors, effective February 10.

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  After SBI, Allahabad Bank cuts MCLR; Home loans to get cheaper

  Business | October 11, 2019 18:32 IST

  The bank's asset-liability management committee has reviewed the existing MCLRs and decided for a downward revision of MCLRs by 5 bps across different tenors, it said in a regulatory filing.

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  HDFC Festive Treats: Enjoy big discount on credit cards, auto and more

  Business | September 30, 2019 14:48 IST

  Are you HDFC customer? Then here is good news for you ahead of Diwali festival season. HDFC Bank on September 30 launched ‘Festive Treats’, a month-long extravaganza India's largest financial services dhamaka. Under which customers will get special offers on all banking products from loans to bank accounts,

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  Government raises income tax exemption limit on home loans by Rs 1.5 lakh

  Budget | July 05, 2019 13:16 IST

  Finance Minister Nirmala Sitharaman on Friday presented her maiden budget in the Lok Sabha. On home loans, Sitharaman said the income tax exemption limit has been raised by Rs 1.5 lakh. This is applicable for loans upto Rs 45 lakhs.

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  RBI cuts rate to 9-year low, home and auto loans set to become cheaper

  Business | June 06, 2019 14:48 IST

  The decision to reduce the repo rate was taken by the RBI's Monetary Policy Committee (MPC) at its second monetary policy review of the ongoing fiscal.

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  SBI cuts interest rate by 5 basis points on home loans up to Rs 30 lakh

  Business | February 08, 2019 22:13 IST

  In it sixth bi-monthly monetary policy review announced Thursday, RBI had cut the repo rate by 25 basis points to 6.25 percent.  

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

  Business | December 05, 2018 22:40 IST

  The RBI's statement also said final guidelines regarding board of management in Primary (Urban) Co-operative Banks (UCBs) will be issued during the month.  

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  Home loans taken prior to April 2016 may become cheaper

  Business | February 08, 2018 19:35 IST

  RBI Deputy Governor NS Vishwanathan told reporters after MPC meet that the RBI has been concerned about inadequacy of monetary transmission to the base rate and about large number of accounts still being under the base rate regime.

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  Tata Housing offers home loans at 3.99 pc interest for five years to new buyers

  Real Estate | November 13, 2017 10:29 IST

  The scheme, valid until December 12, 2017, would be offered across 11 projects by Tata Housing in seven cities.

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  Now, home loans can fetch you cashback for timely payments. Read how

  Business | September 28, 2017 16:39 IST

  ICICI Bank has launched a cashback of 1 per cent annually on home loans. Defaulters can't avail this offer.

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  Home, corporate loans to be cheaper as banks cut lending rates after demonetisation

  January 03, 2017 0:03 IST

  As banks move to reduce benchmark lending rates after spurt in deposits following demonetisation, housing, auto and corporate loans are all set to become cheaper.

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  Cheaper loans in 2017 as SBI, other banks slash lending rates

  January 02, 2017 12:08 IST

  SBI today cut benchmark interest rate across various maturities by 0.9 per cent, a move expected to be shortly followed by other banks.

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  HDFC cuts home loan rates for women to match rivals offerings

  April 23, 2015 19:22 IST

  Mumbai: Mortgage major HDFC today offered home loans to women borrowers at 9.85 per cent, to make its loan pricing at par with that of rivals State Bank of India and ICICI Bank.The product, christened

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  Corporation Bank cuts rates on home, auto loans

  October 12, 2013 18:22 IST

  State-owned Corporation Bank on Friday reduced interest rates on home, auto and consumer durables loans by up to 1.75 per cent to cash in on the festival season demand.The bank cut lending rate on home

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  Canara Bank launches two new housing schemes for NRIs, HNIs

  September 23, 2013 23:59 IST

  NEW DELHI: State-owned Canara Bank today launched two new housing schemes for Non-Resident Indians (NRIs) and High Networth Individuals (HNIs), in a bid to cash in on the festive fervour. The demand from NRIs for