HOME LOAN CALCULATOR
HDFC Bank cuts MCLR by up to 15 bps
Private sector lender, HDFC Bank, cut its marginal-cost based lending rate (MCLR) for all tenors by 15 basis points (bps). According to the bank’s website, it has cut the 6-month MCLR by 10 bps to 8 percent, 1-year rate by 15 bps to 8.15 percent
SBI reduces one-year MCLR by 10 bps
According the bank’s press release, this is its eighth consecutive MCLR cut this financial year.
From farm to home, M&M Financial is doubling down on digital sales
M&M Financial cleverly evolved its business model to be on the right side ...
Suraksha Realty hopeful of getting favourable vote of lenders, home buyers on Jaypee bid
A Committee of Creditors (CoC) on Saturday decided that home buyers and lenders of Jaypee Infratech will vote on the bids of state-owned NBCC Ltd and private sector firm Suraksha Realty at the same time.
Canara Bank to dilute 30% stake in Can Fin Homes in next 10 days
It added that numerous PE players have submitted bids and Baring was a lead bidder.
RBI keeps repo rate unchanged: What does this mean for your loans and fixed deposits?
The Reserve Bank of India, in its monetary policy review today, kept the repo rate unchanged at 5.15%
Top 5 banks' home loan interest rates
The Reserve Bank of India has directed banks to link their lending interest rate to an external benchmark rate such as repo rate. The aim is to provide greater transparency and faster transmission of changes in the policy rates.
Home loan interest rates linked to repo rate
Here are the interest rate on home loans charged by the banks under the external benchmark regime. The interest rate is liked to the RBI repo rate. The table given below is applicable to salaried individuals and self-employed persons.
Top 10 banks' home loan interest rates
These 10 banks are offering the lowest home loan interest rates for salaried individuals.
Noida standing committee to assess projects applying for zero-period waiver
On Tuesday, UP government had approved the zero-period policy under which builders will be excused from paying interest on outstanding land dues for the years when litigation stopped construction work.
Home First Finance plans IPO to raise up to Rs 1,500 crore
Axis Capital, Credit Suisse, ICICI Securities and Kotak Mahindra have been appointed by the company for the share sale.
Under-construction real estate now attractive. 9 things home buyers should check
Under-construction flats cost you much less than ready ones, but they are also riskier and more complicated.
HDFC Bank unsecured loans cross Rs 1 lakh crore
The unsecured loans comprise both personal loans to salaried and loans to small businessmen.
What are the advantages of taking a home equity loan?
Home equity loan is given against the appreciation in market value of the property by banks and HFCs. It is typically given on fully constructed property with a clear title. You can avail of it if you have an outstanding loan against the property.
Loan outreach: PSBs disburse Rs 2.5 lakh crore in October
Under an outreach programme, public sector banks disbursed as much as Rs 2.53 lakh crore in one month.
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