Emi
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Enhance your home buying journey with a home loan EMI calculator
Brand Content | Oct 24, 2024, 04:41 PM ISTMake smarter choices by simplifying the home loan process with quick EMI calculations.
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RBI asks Bajaj Finance to stop lending under eCOM, Insta EMI Card products
Business | Nov 15, 2023, 09:28 PM ISTThese supervisory restrictions will be reviewed after the rectification of said deficiencies to the satisfaction of the RBI, the central bank added. In August last year, the Reserve Bank issued guidelines on digital lending with an aim to protect the interest of borrowers.
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Planning a home loan? Know the difference between pre-EMI and full-EMI repayment plans
Business | Mar 01, 2023, 04:18 PM ISTPre-EMI payments can cost less than normal EMI payments, which pay the principal and interest on the loan.
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What is no-cost EMI scheme? How it functions - Explained
Personal Finance | Feb 21, 2023, 06:20 PM ISTAlthough no-cost EMIs are quite inexpensive, it's necessary to be aware of the offers in order to get the most out of them.
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Meta introduces no-cost EMIs for advertisers in India
Technology | Jan 17, 2023, 03:37 PM ISTNew Delhi: Meta said it will bear the applicable interest payable to the bank, and give it as an upfront discount to the business on its ad spends. With no-cost EMI billing, advertisers can choose any amount between Rs 3,200 and Rs 5 lakh to convert to EMIs.
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Meta brings no-cost EMIs for advertisers in India: How does it work?
Technology | Aug 30, 2022, 06:59 PM ISTMeta has declared to bear the applicable interest which is payable to the bank and additionally, will give an upfront discount to the business on its ad spends.
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HDFC Bank hikes lending rates by 0.35%; second hike in two months
Business | Jun 07, 2022, 07:01 PM ISTHDFC Bank increased its Marginal Cost of funding based on the Lending Rate by 0.35 per cent from June 7, as per the new rate structure published on its website.
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Amazon.in to launch Great Republic Day Sale from 17th -20th January 2022
Technology | Dec 15, 2022, 04:47 PM ISTAmazon India announces the ‘Great Republic Day Sale’ kickstarting from January 17 to January 20. Prime members of Amazon can avail the offers and discount a day prior to the official announcement.
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HDFC Bank extends loan EMI moratorium till August: Here's how to avail
Business | Jun 01, 2020, 02:57 PM ISTHDFC Bank announced that it has extended the loan moratorium and credit card outstanding moratorium by another 3-months for its customers to help them sail through the disruption caused by coronavirus pandemic. The Reserve Bank of India last week had extended the moratorium on loan repayments by three more months, till August 31.
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Loan EMIs set to get cheaper as RBI cuts repo rate by 40 bps to 4 per cent
Personal Finance | May 22, 2020, 10:48 AM ISTLoan EMIs are set to get cheaper as RBI cuts repo rate by 40 bps to 4 per cent. "The repo rate cut by 40 basis points from 4.4 % to 4%. Reverse repo rate stands reduced to 3.35%," RBI Governor Shaktikanta Das said in a press conference on Friday.
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HDFC Bank Alert! Fraudsters looking to exploit EMI moratorium to steal money. Beware, don't do THIS
Business | Apr 09, 2020, 07:26 PM ISTHDFC Bank Alert: Largest private sector lender HDFC Bank on Thursday sent an alarm for its customers against a possible fraud over the three-month loan repayment moratorium. The bank has asked its users to be "extra cautious".
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EMI Moratorium: Good or Bad? Experts explain how it impacts your loan
Business | Apr 02, 2020, 01:52 PM ISTBanks like SBI, PNB, BOB, IDBI, Canara Bank, UCO bank, Syndicate Bank, Punjab & Sind Bank, Andhra Bank, Central Bank of India, HDFC Bank, ICICI bank…and many more tweeted about the details that the customer can follow by mentioning the in and out option. Some gave an email id as well where they have asked their customers to email the details of their installment/Loan account to the bank if they want to go for 3 months moratorium.
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Telcos to opt for EMI moratorium; tariff to remain stable: COAI
Business | Mar 28, 2020, 06:35 PM ISTDebt-ridden telecom operators are likely to opt for three-month moratorium to avoid cash crunch during the lockdown, industry body COAI said on Saturday.
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RBI puts EMIs on hold: What it means for you
Business | Mar 27, 2020, 08:09 PM ISTThe Reserve Bank of India (RBI) today announced a slew of measures to alleviate financial difficulties arising due to the Coronavirus crisis and subsequent restrictions. One such step was about the 3-month moratorium on term loans and equated monthly instalment payments.
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YES Bank Crisis: What happens to your EMI, Insurance Premium and Salary account?
Business | Mar 06, 2020, 07:03 PM ISTYes Bank Crisis: Soon after the RBI placed the Yes Bank under a moratorium and restricted withdrawal limit to Rs. 50,000 per account until April 3, 2020, Reserve Bank of India’s Governor Shaktikanta Das today tried to boost the sentiments of the existing bank’s customers by saying that the central bank will protect all depositors' money.
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Over 60 percent Lamborghini cars sold on EMIs in India
Business | Feb 13, 2020, 09:49 PM ISTContrary to a belief that super-rich would not think much when it comes to buying their favourite car, the Indian arm of super sports car manufacturer Lamborghini has said around 60 to 65 per cent of their cars are sold on car finance in the country.
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50 homebuyers in Greater Noida's Shahberi decide to stop paying bank loan EMIs
India | Jan 08, 2020, 11:23 PM ISTAround 50 homebuyers in Greater Noida's Shahberi area have decided to stop paying their monthly installments on bank loans over legality of construction of their flats.
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How to convert Credit Card bill into EMI; check details
Business | Jul 25, 2019, 04:48 PM ISTDo you know you can convert your entire credit card bill into monthly instalments? Most banks are not providing options for a customer to convert their entire outstanding amount into monthly instalments or EMIs.
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RBI Monetary Policy Statement: How it may affect your finances
Jun 05, 2019, 03:04 PM ISTRBI Monetary Policy explained: Time for number crunching may again have arrived as Reserve Bank of India prepares to announce its bi-monthly Monetary Policy Statement on Thursday (June 6). The policy affects our finances. Due to technical jargon, Monetary Policy Statement is often hard for most of us to understand. Here's an explainer.
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EMIs to go up as SBI, ICICI Bank, PNB raise lending rates ahead of RBI's monetary policy review
Business | Jun 01, 2018, 11:22 PM ISTNow SBI’s overnight and one-month tenors’ Marginal Cost of Funds Based Lending Rate (MCLR) stands at 7.9 per cent as against 7.8 per cent, as per the SBI’s website.