Home Loan
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Home loan EMIs get Rs 2,000 cheaper under Pradhan Mantri Awas Yojana. Read how
March 23, 2017 12:33 ISTLoans approved or under consideration as on January 1 will be eligible for the interest rate subisdy on home loans
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After SBI, ICICI and HDFC all set to cut home loan rates by up to 0.20 pc today
November 03, 2016 14:11 ISTFollowing the announcement by SBI slashing interest rates on home loans by 15 basis points to 9.15 per cent, a six year-low, private lenders including ICICI Bank and HDFC are also set to reduce the home loan rates by up to 0.20 per cent.
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Good news for home buyers! State Bank of India cuts home loans to lowest in 6 years
November 02, 2016 12:07 ISTBringing cheers to the prospective home buyers, State Bank of India (SBI) has cut home loan rates to 9.1% -the lowest in six years -as part of a festive scheme.
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SBI cuts home loan interest rate to 9.45 %
April 07, 2016 23:42 ISTNew Delhi: State Bank of India has lowered its lending rate for home loans to 9.45 per cent and further to 9.4 per cent for women customers following implementation of a new interest rate calculation
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Know how repo rate cut may reduce your EMI
June 02, 2015 18:48 ISTNew Delhi: The Reserve Bank of India today slashed its short-term lending rate by 25 basis points in its bi-monthly monetary policy review. After the cut, the repo rate will decline to 7.25 per cent
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Bank of Maharashtra cuts base rate by 0.25 pc
May 30, 2015 6:39 ISTMumbai: State-run Bank of Maharashtra on Friday trimmed its base rate by 25 basis points to 10 per cent, effective Monday, following its larger peers, which will bring down the cost of home, car and
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Home prices high, but affordability rising: HDFC
May 18, 2015 10:08 ISTNew Delhi: Housing prices have risen to record high levels, but increase in disposable income of the homebuyers has made the purchase of a house most affordable in over a decade, according to mortgage giant
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SBI cuts home loan interest rate by up to 0.25 pc
April 12, 2015 19:06 ISTNew Delhi: Matching its competitor HDFC Ltd, State Bank of India today announced a cut in home loan rate by up to 0.25 per cent, providing relief to new borrowers.The cut in interest rate on
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Be a smart property buyer with a pre-approved home loan
March 18, 2015 23:44 ISTHome buyers, and especially first-time buyers, would like to be in the best position to make their purchase once they have identified their dream home. The most challenging aspect of home ownership is invariably financing.
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SBI eases personal loans for existing home-loan customers
March 12, 2015 13:54 ISTNew Delhi: There is good news for all the existing home loan customers of State of Bank of India.As per the latest bonanza offered by bank they can take personal or top up loans at
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Government will reduce interest rates on home loans: Naidu
May 28, 2014 22:25 ISTNew Delhi: The interest rates on home loans will be reduced, Urban Development Minister Venkaiah Naidu announced Wednesday.Soon after taking charge of the ministry here Wednesday, Naidu said that interest rate reduction is necessary if
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ICICI Bank cuts home loan rates
May 20, 2014 16:49 ISTNew Delhi: The country's largest private sector lender, ICICI Bank, has cut home loan rates for women and salaried individuals by 0.15 per cent and 0.1 per cent, respectively. Home loans up to Rs 75
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SBI to hold home loan rates
April 05, 2014 22:15 ISTKolkata: The State Bank of India (SBI) will hold on to its home loan rates, a senior official of the bank said here today.“Home loan rates will remain as they are,” SBI Chairperson and Managing
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Is it right time to take a home loan and a property?
March 12, 2014 16:42 ISTNew Delhi: Because of the on-going economic uncertainties, many aspiring home owners in Pune are still hesitant about taking a home loan and buying a residence. One of the questions that people, who seek to
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Link home loans to stages of construction: RBI to banks
September 03, 2013 19:53 ISTMumbai: The Reserve Bank today asked banks to link the disbursal of home loans to stages of construction to protect the interests of buyers and contain the fallout of “innovative” housing financing schemes. “In view
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Indiabulls Fin Services merges with its home loan arm
March 09, 2013 18:14 ISTMumbai, Mar 9: Indiabulls Financial Services (IBFSL) has merged with Indiabulls Housing Finance (IHFL) and the new entity will focus on mortgage business.The merged entity has been registered as a Housing Finance Company (HFC) with
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RBI Asks Banks Not To Levy Pre-Payment Charges On Home Loans
April 17, 2012 20:37 ISTMumbai, Apr 17: Providing relief to home loan borrowers, the Reserve Bank today asked banks not to levy any penalty on pre-payment of loans taken on floating rate.“Though many banks have, in the recent past,
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RBI Cuts Lending Rate, Home Loans May Become Cheaper
April 17, 2012 13:13 ISTMumbai, Apr 17: After a gap of three years, Reserve Bank Governor D Subbarao today slashed short term lending rate by 0.50 per cent to 8 per cent, a move that will reduce the cost
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Home Loan Rates Cut Only For New Borrowers
April 02, 2012 8:26 ISTNew Delhi, April 2 : Banks are offering reduced home loan rates only for new borrowers, and this is not being applied in the cases of existing borrowers. On Sunday, Canara Bank slashed home loan
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ICICI Bank Launches Two Fixed Interest Home Loan Products
August 18, 2011 17:29 ISTMumbai, Aug 18: India's largest private lender ICICI Bank today launched two home loan products, which give borrowers the option of having a fixed interest rate for up to the first two years of a
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