The RBI Hikes Repo Rate By 0.25%; It’s Impact On Home Loan Borrowers The RBI hikes repo rate on Wednesday for the first time in over four years by 25 basis points (bps) to 6.25 percent. In its bi-monthly monetary policy review, the Monetary Policy Committee (MPC) agreed to raise […]
Home Loan
ICICI Bank And HDFC Cut Home Loan Rates To 8.35% India’s largest private lenders ICICI Bank and HDFC Ltd on Monday have reduced home loan rates to 8.35 per cent on loans up to INR 30 lakh, thereby bringing the rates at par with State Bank Of India (SBI). Now, salaried […]
SBI Cuts Rates By 25 bps To 8.35%,Makes Home Loan Cheaper State Bank of India (SBI), the country’s largest lender in India, on Monday has cut home loan rates by 0.25 per cent from 8.60 per cent to 8.35 per cent per annum. The new rate is applicable on loans […]
Housing loans are all set to become cheaper with several housing finance companies (HFCs) and private sector banks cut lending rates after spurt in deposits following demonetisation. Public sector banks (PSBs) have started rate cut war in a big way after the latest round of lending rates cut by these […]
Home Loans Get Cheapest In 6 Years As SBI Leads In Cutting Lending Rates Home loans get cheapest as top PSU banks led by State Bank of India, announced sharp cuts to their lending rates and slashed their benchmark lending rates by up to 90 basis points. The move has […]
Demonetisation Will Lower Down Home Loan Rates Prime Minister Narendra Modi took a very bold and historic decision of demonetisation of Rs 500 and Rs 1000 currency notes on 8th November 2016 to curb black money and corruption from the system. The move to demonetise these currency notes will also […]
Published on: Nov 4, 2016 @ 16:12 ICICI Bank and HDFC have reduced home loan interest rates by 0.15 per cent up to a loan amount of Rs 75 lakh. Competition in the home loan business has begun since State Bank Of India (SBI) had reduced its rate by 15 bps […]
SBI Cuts Home Loan Rate To 9.1%: A Festive Bonanza For Borrowers State Bank Of India (SBI), the largest public sector lender has cut home loan rate to 9.1% per annum. SBI has reduced the home loan rate to the lowest level in six- year as part of a festive […]