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HOME LOAN OVERDRAFT
How you can save Rs 15 lakh on a Rs 60 lakh home loan taken in overdraft formA home loan overdraft account lets you park surplus cash to slash interest payments while retaining access to your money, unlike traditiona...
Punjab National Bank revises interest rates; check latest PNB home loan, car loan, and personal loan interest rates and offersPunjab National Bank has revised its lending rates, effective February 10, 2025, following a reduction in the RBI repo rate. The new rates ...
Is flexi loan or dropline overdraft better than a personal loan and conventional overdraft?Credit line in the form of an overdraft is preferred by many people as it gives them flexibility to repay as per their convenience and keep...
Home loan overdraft facility: Eligibility, documents, interest rate, how to get it
Home loan overdraft facility: Eligibility, how to avail, documentation, interest rateThe concept of home loan with overdraft facility is gaining popularity as a financial tool.
Struggling to pay home loan EMI? You can pay less now, but there's a trade offBorrowers struggling to manage their household budget and pay the higher EMIs are actively looking for a solution that can help them reduce...
How does 'interest only home loan' work; should you opt for it?The interest free period that you get on the interest only home loan is just an extension of your home loan tenure. So, if you are taking a...
Should you opt for home loan overdraft facility?The borrower should do a cost-benefit analysis to find out whether the benefit of interest-saving through the home loan overdraft account i...
Should you opt for a home loan from bank or housing finance company?At any point in time, you always have the option to transfer your home loan from HFC to a bank at lower interest rates and other favourable...
Home loan overdraft accounts squeeze banksThe advantage is that no interest is charged on the home loan to the extent of the extra money kept in the account.
Why prepaying a home loan may be the best investment option in current yields scenarioThere are some obvious benefits of foreclosing a long-term loan. The longer the tenure, the higher is the interest outgo.
Interest rates on home loans slashed by big lendersThe private lenders now offer interest rates on home loans at 9.2% for loans up to Rs 75 lakh, down from 9.35% earlier.
HDFC, ICICI Bank cut home loan rate by 0.15%Home loans up to Rs 75 lakh for women borrowers will now attract an interest of 9.15 per cent and for others it will be 9.20 per cent, HDFC...
HDFC, ICICI Bank cut home loan rate by 0.15 per centICICI Bank lowered rates by 0.15%, following which home loans up to Rs 75 lakh for women borrowers will attract an interest of 9.15%.
SBI cuts home loan rate; ICICI offers overdraftSBI has further slashed interest rates by 0.15 per cent for its home loans up to Rs 75 lakh, while ICICI Bank is offering overdraft facilit...
5 ways to leverage your house to fund your goalsHere are the ways in which you can leverage your property to fund your goals. A list of options that suit your needs.
How home loan schemes with an overdraft option can help save time and moneyUnder the scheme, you can deposit any surplus that you have into the home loan account, though you retain the option of withdrawing the sum...