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HOME LOAN NEWS IN ENGLISH

  • bank of maharashtra cuts base rate by 0.25 pc

    Bank of Maharashtra cuts base rate by 0.25 pc

    May 30, 2015 6:39 IST

    Mumbai: State-run Bank of Maharashtra on Friday trimmed its base rate by 25 basis points to 10 per cent, effective Monday, following its larger peers, which will bring down the cost of home, car and

  • home prices high but affordability rising hdfc

    Home prices high, but affordability rising: HDFC

    May 18, 2015 10:08 IST

    New Delhi: Housing prices have risen to record high levels, but increase in disposable income of the homebuyers has made the purchase of a house most affordable in over a decade, according to mortgage giant

  • sbi cuts home loan interest rate by up to 0.25 pc

    SBI cuts home loan interest rate by up to 0.25 pc

    April 12, 2015 19:06 IST

    New Delhi: Matching its competitor HDFC Ltd, State Bank of India today announced a cut in home loan rate by up to 0.25 per cent, providing relief to new borrowers.The cut in interest rate on

  • be a smart property buyer with a pre approved home loan

    Be a smart property buyer with a pre-approved home loan

    March 18, 2015 23:44 IST

    Home buyers, and especially first-time buyers, would like to be in the best position to make their purchase once they have identified their dream home. The most challenging aspect of home ownership is invariably financing.

  • sbi eases personal loans for existing home loan customers

    SBI eases personal loans for existing home-loan customers

    March 12, 2015 13:54 IST

    New Delhi:  There is good news for all the existing home loan customers of State of Bank of India.As per the latest bonanza offered by bank they can take personal or top up loans at

  • government will reduce interest rates on home loans naidu

    Government will reduce interest rates on home loans: Naidu

    May 28, 2014 22:25 IST

    New Delhi: The interest rates on home loans will be reduced, Urban Development Minister Venkaiah Naidu announced Wednesday.Soon after taking charge of the ministry here Wednesday, Naidu said that interest rate reduction is necessary if

  • icici bank cuts home loan rates

    ICICI Bank cuts home loan rates

    May 20, 2014 16:49 IST

    New Delhi: The country's largest private sector lender, ICICI Bank, has cut home loan rates for women and salaried individuals by 0.15 per cent and 0.1 per cent, respectively. Home loans up to Rs 75

  • sbi to hold home loan rates

    SBI to hold home loan rates

    April 05, 2014 22:15 IST

    Kolkata: The State Bank of India (SBI) will hold on to its home loan rates, a senior official of the bank said here today.“Home loan rates will remain as they are,” SBI Chairperson and Managing

  • is it right time to take a home loan and a property

    Is it right time to take a home loan and a property?

    March 12, 2014 16:42 IST

    New Delhi: Because of the on-going economic uncertainties, many aspiring home owners in Pune are still hesitant about taking a home loan and buying a residence. One of the questions that people, who seek to

  • link home loans to stages of construction rbi to banks

    Link home loans to stages of construction: RBI to banks

    September 03, 2013 19:53 IST

    Mumbai: The Reserve Bank today asked banks to link the disbursal of home loans to stages of construction to protect the interests of buyers and contain the fallout of “innovative” housing financing schemes.  “In view

  • indiabulls fin services merges with its home loan arm

    Indiabulls Fin Services merges with its home loan arm

    March 09, 2013 18:14 IST

    Mumbai, Mar 9: Indiabulls Financial Services (IBFSL) has merged with Indiabulls Housing Finance (IHFL) and the new entity will focus on mortgage business.The merged entity has been registered as a Housing Finance Company (HFC) with

  • rbi asks banks not to levy pre payment charges on home loans

    RBI Asks Banks Not To Levy Pre-Payment Charges On Home Loans

    April 17, 2012 20:37 IST

    Mumbai, Apr 17: Providing relief to home loan borrowers, the Reserve Bank today asked banks not to levy any penalty on pre-payment of loans taken on floating rate.“Though many banks have, in the recent past,

  • rbi cuts lending rate home loans may become cheaper

    RBI Cuts Lending Rate, Home Loans May Become Cheaper

    April 17, 2012 13:13 IST

    Mumbai, Apr 17: After a gap of three years, Reserve Bank Governor D Subbarao today slashed short term lending rate by 0.50 per cent to 8 per cent, a move that will reduce the cost

  • home loan rates cut only for new borrowers

    Home Loan Rates Cut Only For New Borrowers

    April 02, 2012 8:26 IST

    New Delhi, April 2 : Banks are offering reduced home loan rates only for new borrowers, and this is not being applied in the cases of existing borrowers. On Sunday, Canara Bank slashed home loan

  • icici bank launches two fixed interest home loan products

    ICICI Bank Launches Two Fixed Interest Home Loan Products

    August 18, 2011 17:29 IST

    Mumbai, Aug 18: India's largest private lender ICICI Bank today launched two home loan products, which give borrowers the option of having a fixed interest rate for up to the first two years of a

  • icici hikes lending rate by 25 bps to 9.50pc

    ICICI Hikes Lending Rate By 25 Bps To 9.50pc

    July 01, 2011 21:52 IST

    New Delhi, July 1: The country largest private sector lender, ICICI Bank, today announced a hike of 25 basis points in its lending rate to 9.50 per cent effective from Monday.“ICICI Bank has announced an

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