Planning To Take A Home Loan? From Property Chain To LOD, Factors You Should Keep In Mind
While borrowers mostly focus on the EMI amount when taking the loan, they forget many essential things to get the loan sanctioned.
Mar 31, 2024, 18:19 PM IST
Big Blow To Home Loan Borrowers! HDFC Bank Raises Lending Rates To 9.8%
The repo-linked lending rate is directly tied to the RBI repo rate, which has remained steady at 6.50 percent since April 2023.
Mar 28, 2024, 13:37 PM IST
Home Loan Benefits For Women In India: Check What Advantage They Can Avail
Dec 25, 2023, 12:49 PM IST
Tax Season Is Here: Check Effective Ways To Save Money On Your Hard-Earned Income
Opportunities to save taxes and lower their overall tax liability are always welcomed by income taxpayers.
Dec 25, 2023, 11:30 AM IST
BIG RELIEF For Home, Auto, Other Loan Borrowers! RBI To Come With Framework Soon; To Impact Your Tenor, EMI
Unveiling the bi-monthly monetary policy, Reserve Bank Governor Shaktikanta Das said under the framework, to be put in place shortly, the lenders will have to clearly communicate with the borrowers about tenor and EMI.
Aug 10, 2023, 11:48 AM IST
Rs 9 Lakh Crore Home Loans Disbursed In India In 2022: Report
The number of loans given too was up by 17 percent during the calendar year 2022.
May 12, 2023, 11:55 AM IST
Canara Bank Hikes MCLR From Today; Home, Auto, Personal Loan EMIs To Go Up
Canara Bank also added that existing borrowers of the Bank shall have an option to switch over to interest rates linked to MCLR other than Fixed Rate Loans.
Apr 12, 2023, 14:54 PM IST
Canara Bank Revises Home, Other Loan Interest Rates: Check How Much EMIs Will Go Up
The overnight MCLR was raised by Canara Bank by 35 basis points to 7.90 percent, and the one-month MCLR was raised by 45 bps to 8 percent.
Mar 11, 2023, 15:06 PM IST
RBI Hikes Key Lending Rate by 25bps, Home Loans To Get Costlier- Know How to Minimise Rising EMIs
Existing and new borrowers would soon have to pay higher EMIs for their loans as banks and lending institutions raise interest rates in tandem. Continue reading to find out the options home loan borrowers have to lessen their EMI burden.
Feb 08, 2023, 11:52 AM IST
Brace for Higher EMIs for Your Home Loan! RBI Hikes Repo Rate - Here's What it Really Means for Borrowers
RBI increased the repo rate again by 25 bps. What will happen to house loan borrowers?
Feb 08, 2023, 11:00 AM IST
Bajaj Housing Finance Launches Home Loan Application Through WhatsApp --Check Fees and Process to Apply
Bajaj Housing Finance home loan: For both Fresh Home Loan, as well as Home Loan Balance Transfer, salaried applicants can apply through WhatsApp.
Feb 06, 2023, 13:17 PM IST
Want to transfer your home loan to SBI? Here is the complete list of documents you need to submit
A customer may use SBI's balance transfer service to transfer his/her home loan. However, the borrower must first meet the eligibility requirements for home loans as per the bank's instructions and The borrower must possess legitimate paperwork proving ownership of the home or apartment.
Jan 11, 2023, 12:14 PM IST
Indian Overseas Bank hikes MCLR rates by 05 bps from today 10 January 2023, check latest rates here
Indian Overseas Bank said that Interest Rate of Loans for Overnight Tenor MCLR and One Month MCLR Shall be Sanctioned Only by the Top Management at Central Office. It also further clarified that Discretion to Sanction Overnight and One Month MCLR is not Available with Any Other Functionaries.
Jan 10, 2023, 13:14 PM IST
BAD NEWS for Loan borrowers! Indian Bank hikes lending rates by up to 25 bps-- Check new rates here
The overnight MCLR rate has been revised upward by 25 basis points to 7.75 percent, while that of one month to six months tenure hiked by 20 basis points, the bank said.
Jan 02, 2023, 20:17 PM IST
HDFC increases home loan lending rates from today, 20 December –Check details
HDFC Ltd mentions in its website that a home loan customer can choose between two types of interest rate options while availing a home loan.
Dec 20, 2022, 09:47 AM IST
Eager to take a loan? Check out 3 easy steps to make your CIBIL score good and increase your credit worthiness
If you are planning to take a Personal Loan or a home loan, you must get your CIBIL score checked. CIBIL score principally highlights your financial picture and helps lending institutes to assess the capability of repayment.
Dec 16, 2022, 12:21 PM IST
Home Loan: EMIs go up as banks hike interest rate? Follow THESE tips to save money
Dec 11, 2022, 16:25 PM IST
Home Loan Interest Rate Latest News: EMIs go up as banks hike rate; Check calculator, impact on your monthly budget
Home Loan Interest Rate, EMI Calculator 2022-2023: The Reserve Bank of India has recently hiked its repo rate by 35 basis points. If this is taken along with all the previous rate hikes in this year, the total hike stands at 2.25%. The RBI had gone for a 40 bps hike in May this year, then 50 bps each in June, August and September and now 35 bps in December. The current repo rate now stood at 6.25%. The home loan rates used to be around 6.9% to 7% around April. However, with the central bank raising the repo rate, the public sector and private sector lenders have also hiked the home loan interest rate which is affecting the middle class the most.
Dec 11, 2022, 12:50 PM IST
RBI hikes repo rate by 35 bps-- How much will you have to pay for home loan now? Check EMI calculator here
Read on to figure out the assumptive figure of EMI you have to pay a home loan of around Rs 25 lakh.
Dec 07, 2022, 17:30 PM IST
Is it good to take home loan on WOMAN's name? Check out FIVE key benefits
Many people dream of buying their own homes. When it comes to finalizing and buying a home, people often took ample time to take decisions as it marks one of the biggest achievements in one's life. Nowadays, more women are having a say in selecting a home. They are not only acquiring their rightful place in society but are also equally shouldering the responsibility of decision-making. And thanks to this, real estate firms and home loan lenders often create special schemes/discounts for women to enable them to get their own homes. Women applicant stands a higher chance of getting a home loan because as per data, loan default among women applicants is traditionally lower. Here are five benefits women get when taking a home loan:
Nov 28, 2022, 19:42 PM IST
