home loan
SBI cuts home loan rate to 6.7%, BoB to 6.75%
A Cibil credit score of more than 800 will make a borrower eligible for a home loan rate of 6.7 per cent
Freedom from financial woes
Your household expenses should not be more than 30-35 per cent of your income
5 missteps to avoid while applying for a home loan
It’s important to have strong financial plan and avoid missteps while availing a home loan.
Public sector banks disburse Rs 4.91 lakh cr loan during Oct-Nov
Banks disbursed Rs 2.52 lakh crore of loans in October and Rs 2.39 lakh crore in November.
Banks to hold loan fairs across 250 districts from Thursday
SBI is the lead banker in 48 districts across the country. Likewise, BoB is the lead banker in 17 out of 250 districts in the first phase.
Top 15 banks that offer the lowest home loan interest rates
A home loan is termed a ‘good’ loan since it helps you own an actual property that gains value over the period of time.
SBI to adopt repo rate as external benchmark for all floating rate loans
The external benchmark for all floating rate loans for MSME, housing and retail loans effective October 1, 2019.
RBI panel for standard format of documents to promote home loan securitisation market
PTCs issued in mortgaged-backed securitisation should be mandatorily listed if the securitisation pool is larger than Rs 500 cr.
SBI reduces interest rates on fixed deposits, home loans
The one-year MCLR will come down to 8.15 per cent per annum from 8.25 per cent per annum from Tuesday.
IDBI Bank launches repo-linked home, auto loans
Home loans up to Rs 75 lakh with a tenure of up to 35 years will be offered at interest rate of 8.30 per cent per annum onwards.