Home Loan

Bhubaneswar: Odisha Government has hiked the home loan amount from 25 lakh to 40 lak for the state government employees. The same has been done on the basis of recommendations made by the Seventh Pay Commission. The interest rate, on…
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The demand for real estate has been increasing as domestic economic indicators are favourable and the economy appears to be recovering. However, the house loans have become more expensive and the high interest rates are negatively…
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Are you among those who are looking to buy an affordable house by taking a home loan? Hurry up and get your loan sanctioned before March 31, or else you will loose benefit of Rs 1.5 lakh available under the affordable housing segment.…
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People take different kinds of loans either from banks or some financial companies. From vehicle loans to home loans and from personal loans to gold loans, people take the loans for their personal benefits. However, sometimes they face…
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Bhubaneswar: Buying a home is a dream come true for many. Applying for a loan in this regard is the first step. One needs to consider the kind of loan one plans to apply for. A joint home loan allows two or more family members to…
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There is a piece of good news for some customers of the Life Insurance Corporation (LIC) as the non-bank lender Housing Finance has announced a mortgage product. According to the latest decision taken by the LIC, the home loan EMIs…
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Bank of Maharashtra made a big announcement on Monday. The bank has reduced interest rates by 0.15 per cent based on RLLR-Repo Linked Lending Rate (RRLLR). After this decision, now the new interest rates have come down to 6.90 percent.…
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If you are a government employee and you are getting the benefit of the recommendations of the 7th Pay Commission, then you are entitled to take home loan from the government at concessional rates. The permanent employees of the government…
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During the coronavirus epidemic, the Reserve Bank of India (RBI) is continuously cutting the repo rate and reverse repo rate. Meanwhile, banks in the country have also made loans and especially home loans cheaper. In June 2020, the repo…
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Mumbai: Soon after HDFC Bank increased its marginal cost of funds based lending rate (MCLR), effective from December 7, the State Bank of India today hiked its MCLR, BPLR, and the base rate w.e.f. December 10, 2018. SBI has increased its…
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