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SBI hikes discounts on home loan interest rates, offers concession up to 0.3%
State Bank of India (SBI) is offering concession on home loan interest rate up to 0.30% to home buyers. Here are the details you need to kn...
Gujarat: Home loan disbursals rose to Rs 5,283 crore in Q2
According to the SLBC, the total outstanding amount under housing finance by banks stood at Rs 92,195 crore by September as against Rs 76,2...
Will home loans get cheaper, health cover more affordable?
With banks riding on surplus liquidity and no significant pick-up in credit, home loan rates could remain soft.
What home loan borrowers should do to prepare for future interest rate hikes
Though interest rates on home loans are at a multi-decadal low, a borrower should prepare for a time when interest rates will start rising ...
IIFL Home, ICICI Bank join hands for affordable housing, MSME loans
Under the tie-up, IFL Home will originate and service customers through the entire loan life-cycle including sourcing, documentation, colle...
Home loans take the digital route: Here’s what you need to know
Financial institutions like PNB Housing Finance have read the room and introduced a user-friendly online platform. It empowers people to ap...
Should I take joint home loan with my brother?
Before taking a joint home loan with your brother, it is important to understand all the implications of it.
No change in repo rate by RBI: What home loan borrowers, FD investors can do now
The decision to keep the key policy rates by unchanged by the Reserve Bank of India was expected by many market participants. Here's what h...
Banks outrun NBFCs in home loan growth
Industry watchers said despite the presence of more first-time homebuyers in the market than a year earlier, most large banks grew their bo...
Home loans beat five-month lull, see double-digit growth between September and October
Leading home loan providers, such as State Bank of India, ICICI Bank and Housing Development Finance Corporation said that demand for home ...
High home loan demand triggers interest rate war
Banks say that home loans are a safe bet and this is the only segment growing in double digits. Demand has been triggered because of work f...
SBI announces festive season interest rate concession up to 25 bps on home loans: Check details here
SBI now offers interest rates starting as low as 6.90% for a home loan of up to Rs 30 lakh and 7% for above Rs 30 lakh. With SBI’s lowest i...
Home loan interest rates at historic low as SBI, Axis, Kotak Mahindra Bank announce festive offers
As part of its festive offer, the State Bank of India (SBI) has announced a concession in home loan interest rates by up to 25 bps. Accordi...
Diwali Dhamaka: SBI announces 25 bps concession on home loans
Customer will also be able to avail Credit Score based concession up to 10 bps for loans above Rs 30 lakhs to Rs 75 lakhs. The special rate...
Easier housing loans, promise of liquidity - What RBI announcements mean for you
A relatively higher inflation is also keeping RBI from further lowering the policy rates. So, if inflation cools off, we can see some more ...
RBI leaves repo rate unchanged: What this means for home loan borrowers, FD investors
Borrowers who are facing salary cut/job loss due to the novel coronavirus pandemic situation and were looking for some reduction in their E...
Credit card users to gain more from ‘interest on interest’ waiver
The point to note, a public sector bank official said, is that the government’s proposal waives interest on interest during the moratorium,...
Home loan enquiries top last year’s level
The revival is being led by public sector banks, which were the first to recommence operations. Personal loan inquiries from public sector ...
Banks plan EMI deferment for home loan restructuring
The options include allowing EMI deferment for a few months in cases where the borrower has suffered total loss of income or allowing step-...
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