home loan

Kotak Mahindra Bank cuts home loan interest – Here are the new rates

Kotak Home Loans are linked to an external benchmark i.e. RBI’s policy repo rate. 

Oct 23, 2020, 10:50 AM IST

Worried about home loan? 10 banks offering great home loan interest rates

Owing your dream home could come another step closer this festive season as home loan interest rates have been revised by many banks.

Oct 22, 2020, 11:10 AM IST

Big news for SBI home loan borrowers, bank announces major interest concession – All details here

SBI is offering a credit score-based concession of up to 20 bps from 10 bps earlier, for a home loan of above Rs 30 lakh to Rs 2 crore across the country.

Oct 21, 2020, 13:13 PM IST

ICICI Bank's festive offer on car, two-wheeler, personal and home loans –Check out 5 key highlights of the offer

Here are the key benefits of ICICI Bank's Festive Bonanza.

Oct 12, 2020, 13:30 PM IST

EMI at just Rs 36 per Rs 1,000 for 3 years on two-wheeler loans: Check out ICICI Bank's mega festive offers

Check ICICI's mega offer on home, auto, two wheeler, personal and consumer finance loans.

Oct 02, 2020, 17:54 PM IST

Income tax, DL, health insurance, credit card --10 rules that impact lives of common man changing from October 1

Here's looking at 10 rules that are going to change from October 1.

 

Sep 30, 2020, 16:56 PM IST

HDFC Bank announces bumper offers on credit cards, business loans, personal, auto, and home loans

The Bank is offering 50 percent off on the processing fees on auto, personal loans.

Sep 30, 2020, 14:49 PM IST

SBI home loan borrowers can avail this offer to pay lower EMIs

Floating rate home loan borrowers can opt for this benchmark lending option.

Sep 16, 2020, 10:13 AM IST

RBI okays one-time restructuring of loans: Know how it will impact your personal loan

RBI will provide a window under the Prudential Framework to enable lenders to implement a resolution plan in respect of eligible corporate exposures as well as personal loans.

Aug 10, 2020, 13:44 PM IST

Home loan to get cheaper as SBI to cut MCLR by 25 bps from June 10

This is the thirteenth consecutive reduction in the bank's MCLR.

Jun 09, 2020, 09:21 AM IST

SBI cuts benchmark lending rate by 15 bps, introduces special deposit scheme for senior citizens

This is the twelfth consecutive reduction in the bank’s MCLR, the bank added.

May 07, 2020, 16:16 PM IST

All SBI floating rate loans to be linked to repo rate from October 1

State Bank of India had introduced floating rate home loans effective July 1, 2019.

Sep 23, 2019, 12:07 PM IST

RBI external benchmark for bank loans credit negative: Moody's

The RBI mandated that all new floating rates for personal and retail loans, along with loans to MSMEs are to be linked to an external benchmark  from October 1.

Sep 10, 2019, 14:34 PM IST

State Bank of India cuts FD, home loan interest rates across all tenors

The 1 year MCLR would come down to 8.15 percent p.a from 8.25 percent p.a. with effect from September 10, 2019.

Sep 09, 2019, 11:05 AM IST

SBI announces processing fees waiver on car loans, lower housing EMIs during festive season

Customers can avail attractive and cheaper loans with added benefits –waiver in processing fees, pre-approved digital loans and loans with no escalation in interest rates – spread across various categories.     

Aug 20, 2019, 11:12 AM IST

State Bank of India cuts home loan interest rates across all tenors

SBI said that marginal cost of fund based lending rate (MCLR) will be reduced by 15 basis points across all tenors and the revised rates will be effective from August 10.

Aug 07, 2019, 14:46 PM IST

Home loan customers can opt between Repo rate-linked and MCLR-linked loans: SBI MD PK Gupta

He added, in case of repo rate-linked home loan, you must repay a minimum 3 per cent of the principal loan amount every year.

Jun 12, 2019, 12:23 PM IST

RBI to hold more talks with banks on linking home, auto loans with external benchmark

In December 2018, the RBI had proposed that floating interest rates on personal, home, auto and micro and small enterprises (MSEs) loans should be linked to external benchmarks like repo rate or treasury yields, from April 1, 2019.

Apr 04, 2019, 17:22 PM IST

Banks unlikely to match RBI's rate cut any time soon

Banks are reluctant to cut deposit rates in the fiscal year`s last quarter, as they are keen to shore up their books while not losing hefty deposits.

Feb 08, 2019, 16:30 PM IST

Interest on home, auto, MSE loans to be linked to new benchmarks from April 1

The final guidelines to link the interest rate to external benchmarks will be issued by the end of this month.

Dec 06, 2018, 09:57 AM IST