Home loans

Shocking news for homebuyers who bought houses with the help of bank loans, they could soon have to pay more interest on home loan EMIs.The reason behind the increase in the interest rate on home loans is that the Reserve Bank of India…

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…

Mumbai: Lending major State Bank of India on Thursday launched credit score-linked home loans at 6.70 per cent, irrespective of the amount.Prior to the festive offer, a borrower availing a loan greater than Rs 75 lakh had to pay an…

Mumbai: Lending major State Bank of India on Monday announced a limited period 'home loan' offer entailing a concession of up to 70 bps with interest rates starting from 6.70 per cent onwards.Accordingly, the limited period offer ends…

New Delhi: Be ready to pay higher interest on your outstanding loan if you decide not to pay EMIs on your home or auto loan for the next three months under a moratorium announced by by the Reserve Bank of India on Friday.Analysts and…

New Delhi: An average Indian who has taken a home or an auto loan and a farmer under the stress of a crop loan from banks and NBFCs, can now have a sigh of relief, as the Reserve Bank of India (RBI) has directed the lenders to put a halt on…

Mumbai: India’s largest lender State Bank of India (SBI) on Monday announced a reduction in its marginal cost-based lending rate or MCLR by 10 basis points across all tenors and has also reduced rates on term deposits.It also lowered…