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TEASER LOAN RATES
Gold loan rates may surge as lenders move to end teasersWith monthly interest repayments, gold loans are currently available at interest rates of 6.9% a year, for ticket sizes above ₹2 lakh and l...- SBI chief Arundhati Bhattacharya wants teaser loans back, ICICI Bank differsTeaser home loans are offered at a fixed low rate of interest in initial years and are then adjusted to a higher floating rate for the rema...
- Weigh the costs while shifting to another lender for home loansOnce the tenure of the fixed rate gets over, the teaser loan scheme is converted into a floating rate scheme in line with the prevailing ma...
- Home loan borrowers to pay 15% more in EMIsIncrease in EMIs due to rising interest rates, reset of teaser loans will put additional annual burden of about Rs 6,000 cr on home loan bo...
- LIC Housing Finance launches teaser home loan schemeMortgage company LIC Housing Finance on Friday joined the teaser home loan bandwagon by introducing 'New Advantage 5',
- Once bitten, SBI says enough with teaser loansCountry's largest lender SBI on Wednesday ruled out re-launching teaser rate loans, days after its private sector rivals.
- ICICI Bank surprises with new home loan offering, rate for first two years fixed at 10.75%The offering from ICICI, whose home loan assets have shrunk 17% from the 2008 peak, may prompt rivals to come out with similar 'teaser loan...
- LIC Housing Finance launches new home loan product - FreedomLIC Housing Finance today said it has launched a new home loan product christened Freedom on a floating rate basis.
- SBI withdraws teaser home loan scheme with effect from May 1SBI Easy Home Loan and SBI Advantage Home Loan will be replaced by floating interest rate schemes on par with other commercial banks.
- Parekh slams NHB for spiking teaser loan provisioningDeepak Parekh hit out at the NHB's decision to raise provisioning norms for teaser loans, saying it is steep and there is no "logic or rati...
- SBI finally tweaks teaser loan ratesThe bank has raised its base rate to 8% from 7.60%, prime lending rate to 12.75% from 12.50% and decided to offer 9% on 1000 days.
- How to survive rising home loan ratesAs bank after bank withdraws teaser rates, signalling the end of low rates, it’s time for borrowers to do some quick maths.
- ICICI Bank discontinues teaser ratesTeaser rate is a special loan scheme under which a concessional rate is offered for a limited period to attract customers.
- Need regulator to monitor teaser rates: BasuWith some lenders averse to discontinuing controversial teaser rates offered on loans, Chief Economic Advisor Kaushik Basu today called for...
- ET in Classroom: Teaser rates?Teaser loan rates are special home loan rates that are called so, as the banks attract customers by offering them lower rates of interest i...
- Banks challenge RBI curb on teaser home loansLeading banks have challenged the Reserve Bank of India’s decision to curb ‘teaser home loans’ which banks have aggressively sold to thousa...
- Teaser rates irk Finmin, may bar new schemesPSBs may be barred from offering fresh rates ahead of July 1, when more transparent 'base rate' comes into effect. Are teaser rates 'take i...
- Teaser rates irk Finmin, may bar new schemesThe finance ministry may bar state-run banks from launching fresh teaser loan schemes.
- 'Teaser loans may hit banks' financial stability'Defaults may rise on financially-weak borrowers, says MoS FM Namo Narain.
- Teaser home loans here now and gone tomorrow!Teaser home loans are there to sop up excess liquidity that is threatening to lull the lending market into a state of inactivity.
Load More- Home loan borrowers to pay 15% more in EMIs
