Wed, Nov 06, 2024
Home Loan Calculator: When we take a home loan for a long duration, every percentage point in its interest rate plays a key role as a slightly lower interest rate can help one save lakhs of rupees in the long run.
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Mon, Oct 14, 2024
Home Loan Calculation: On a long-duration home loan, a borrower may end up paying higher interest amount compared to the principal amount. The borrower can reduce interest by making 1 additional equated monthly instalment (EMI) every year.
Fri, Oct 11, 2024
Home loan EMI+SIP Investment: For a Rs 60 lakh, 30-year home loan for 25 years, the estimated EMI will be Rs 52,422, estimated interest will be Rs 97,26,540, and the repayment amount will be Rs 1,57,26,540.
Tue, Jun 18, 2019
A full budget is all set to be presented, and many are expecting that the NDA government will start its second innings by announcing major tax benefits for the salaried class.
Fri, Jun 14, 2019
RBI's back-to-back rate cut is setting a new trend for banking system’s deposits, lending and CASA.
Fri, Jun 07, 2019
RBI has bagged a hatrick by trimming down the repo rate by total 75 basis points between February 2019 to June 2019 policy.
Wed, Feb 13, 2019
At 19-month low, this where the country’s inflation is at, as CPI has come at 2.05% in January 2019 month. This was undoubtedly due to food inflation which further widened its deflation trend.
Wed, Jan 30, 2019
Sometimes there can be a situation where your bank offers you higher interest rates on home loan.
Fri, Dec 21, 2018
Home loans are given depending upon your age, your salary status, your capability of repayment and background checks of previous loans. If your credit score is very good then getting an home loan is very easy as your bank is assured that you are trustworthy and capable enough to repay your debt.
Fri, Nov 02, 2018
Taking a loan can be helpful and allow you to buy a house, but it will not take you long to realise that it has become a nightmare for you.
Tue, Feb 13, 2018
f you fulfill the bank's criteria, your home loan process moves towards the next step. The real difficulty arises when you fall short of certain eligibility.
Thu, Dec 14, 2017
Before opting for a home loan, always remember that you have closed all your previous debts. This improves your eligibility to qualify for higher loan amount
Thu, Aug 03, 2017
RBI trimmed down policy repo rate to 6% from 6.25% which is expected to boost housing sector.
Wed, Jun 28, 2017
DDA Housing Scheme will be launched by end of June 2017 offering about 13,000 houses this time.
Fri, Jun 09, 2017
India's largest bank State Bank of India (SBI) has made another revision in its interest rates for home loan category. SBI has trimmed interest rates for second time in last two months.
Mon, May 15, 2017
Key Highlights: -- Bank trims interest rates for home loans up to Rs 30 lakh. -- ICICI offers choice of home loans linked to I-MCLR-6 Months or I-MCLR-1 Year.
Mon, Apr 10, 2017
After May 1, when the Real Estate Regulatory Authority (RERA) is in place, the realty sector will likely see an uptrend with slight price correction, say industry players and stakeholders.
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![Interest rates war in offing? "Winners will be larger banks," says S. Sridhar, Chairman, IMC BFSI Committee](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_160x90/public/2019/06/14/90912-sridhar.png?itok=NT-N7M9S&c=3d622718d6058de76b207b05923b2deb "Interest rates war in offing? "Winners will be larger banks," says S. Sridhar, Chairman, IMC BFSI Committee")
