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INCREASE EMI OR EXTEND LOAN TENURE
RBI repo rate hike: How home loan borrowers can reduce EMI and interest burdenExtending the tenure instead of raising EMIs will push up the interest outgo on your home loan.
A paid Rs 1,64,900 upfront for iPhone 18 Pro, B chose credit card EMI, C picked no-cost EMI in festive sales – Who saved most after discounts?The biggest misconception about no-cost EMI is that the bank doesn't charge any interest. In a no-cost EMI, the seller readjusts the intere...
Higher EMIs ahead: PNB, Bank of India, Bank of Baroda and Indian Bank raise lending rates; check detailsThe Reserve Bank of India increased the repo rate by 25 basis points during its monetary policy meeting. This hike prompted banks like Punj...
Lowest home loan interest rates after RBI repo rate hike: Check EMI on above Rs 30 lakh to 75 lakh loans at public & private banks, HFCsIn a recent move, the Reserve Bank of India has lifted the repo rate to 5.50% from 5.25%, impacting the landscape of home loan interest rat...
RBI rate hike: Your home loan EMI just went upThe monetary policy committee (MPC) voted unanimously for the increase and adopted a stance of "calibrated tightening". RBI Governor Sanjay...
Home loan EMI for these borrowers will go up as RBI increases repo rate by 25 bps: Know the impact on Rs 25 lakh-Rs 2 cr home loansRBI repo rate: Borrowers with home loans linked to External Benchmark Linked Rates will see an increase in their EMIs. The Reserve Bank of ...
RBI MPC decision: How should mutual fund investors tweak their portfolio strategy after 25 bps rate hike?RBI’s 25-basis-point repo rate hike has changed the near-term outlook for mutual fund investors. Experts advise continuing SIPs, staggering...
Good news for HDFC Bank borrowers: Bank cuts lending rates across tenures by up to 15 bps; check latest listIn a move aimed at easing financial burdens for home loan borrowers, HDFC Bank has announced a decrease in its MCLR rates, effective from O...
Centre extends West Bengal DGP Siddh Nath Gupta's tenure by 6 monthsWest Bengal DGP Siddh Nath Gupta received a six-month extension in service approved by the Cabinet. He was originally set to retire on Octo...
Vijay Deverakonda didn't buy iPhone 18 Pro, still uses iPhone Air like Kohli; he asks why take EMIs just to buy new Apple phones and impress others when older versions still workActor Vijay Deverakonda has openly questioned why people take loans to buy the latest iPhone models when their older phones are still worki...
Rs 15L wedding vs Rs 45L loan: Bengaluru CA warns of ‘5 years of financial pressure’ with Rs 1 lakh EMIA 27-year-old Reddit user questioned taking a Rs 45 lakh personal loan for a Rs 50 lakh wedding, despite his fiancée’s family offering a Rs...
Festive demand on easy finance: Samsung, Vivo, Xiaomi and others stretch EMIs to 30 months, bear interest costsSmartphone and consumer electronics manufacturers are extending EMI options to as long as 30 months. This move aims to cushion consumers fr...
National Housing Bank set to conduct forensic audit of SRG Housing FinanceAmid growing concerns over dubious lending practices, the National Housing Bank has initiated a forensic audit of SRG Housing Finance. This...
Want the latest iPhone without buying it? India’s smartphone subscription bet growsSubscription-led models for premium smartphones are beginning to gain traction in India as buyers look to lower upfront costs and upgrade d...
Kissht parent's AUM rises 68% to Rs 9,317 crore in September quarterOnEMI Technology Solutions reported a remarkable increase of 68.4% in assets under management, reaching Rs 9,317 crore. The quarter witness...
TATA.ev extends Battery-as-a-Service offering across its electric vehicle portfolioTATA.ev has unveiled an exciting extension of its Battery-as-a-Service program across all electric vehicles. This innovative initiative is ...
AI taking jobs? Techie warns how long-term EMIs could become a financial burden for software engineersA software engineer voices her worries about AI's long-term effects on job security, particularly the stress of layoffs while handling EMIs...
Simple ways to reduce your monthly personal loan EMI burden over time nowManaging a personal loan EMI requires balancing monthly affordability with the overall cost of borrowing. This article explores practical w...
Think a Rs 1 lakh salary means a Rs 60 lakh home loan? CA explains what banks actually checkA Rs 1 lakh monthly salary does not automatically mean you can get a Rs 60 lakh home loan, CA Nitin Kaushik explained. Banks assess factors...
Rs 40 lakh home loan: The EMI looks cheaper at 30 years, but there’s a costly catch, warns CACA Nitin Kaushik explained how home loan tenure can dramatically affect total interest. On a Rs 40 lakh loan at 9%, a 10-year tenure means ...