home loan

home loan News

Mumbai: Failing to provide documents developer directed to refund amount, compensate flat buyer

Demanding papers from builders to avail loan reasonable expectation of buyers: Consumer forum

‘Home loans likely to get cheaper’

According to Chanda Kochhar, MD and CEO, ICICI Bank, the RBI has again reiterated its focus on resolution of stressed assets which will help to strengthen the banking system and ensure that investments made are optimally utilised.


SBI launches ‘FlexiPay’ home loan with 3-5 yrs interest moratorium

State Bank of India (SBI) on Monday introduced SBI FlexiPay Home Loan, whose repayment terms — lower EMIs in initial years, followed by higher EMIs — which the public sector lender refused to term as a ‘teaser loan’ which was introduced by the bank in February 2009. SBI said that it is not offering any […]

RBI rate cut: Small savings to feel the squeeze

Investors in small savings schemes should get ready for a lower interest rate regime as inflation takes a slide and banks prune their lending rates to stay competitive.

Home buyers can now get 90% loan for property up to Rs 30L

Earlier, the facility was available only in cases where the cost was up to Rs 20 lakh.

After SBI, ICICI Bank increases spreads on home loans

Axis Bank on Tuesday introduced a new slab for its home loan borrowers with offers starting at 9.60 per cent onward.


Home loan: Rate cut an opportunity to ease the EMI pinch

A cut in the lending rates by country’s largest lender, State Bank of India, has set the ball rolling for others. This bid to provide cheaper loans would lead to a competition, where it is the customer who would emerge as the real winner.

Pledge future PF to pay home loan: plan for weaker sections

The scheme would, however, be available only for low-cost housing and subscribers whose monthly salary is less than Rs 15,000. These workers constitute about 70 per cent of the EPFO’s five crore subscribers.

Maharashtra govt to provide home loans to its employees

The decision has been taken considering the rising housing prices in urban areas.

EMIs and loan tenures set to go down

Experts feel that the policy rates may go down by up to 100 basis points (1 percentage point) in the calendar 2015.