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News
home loan rates
Home loan rates News
Bank of India
31 Mar 2024
Big Blow To Loan Borrowers! BoI Raises Lending Rate By 10 Basis Points
The bank has increased the mark-up by 10 bps from the existing level of 2.75 percent to 2.85 percent.
home loan rates
28 Mar 2024
Big Blow To Home Loan Borrowers! HDFC Bank Raises Lending Rates To 9.8%
HDFC Bank hikes home loan interest rates. The rate is hiked by 10 to 15 basis points. RBI's repo rate has remained steady at 6.50 percent.
Business
25 Dec 2023
Home Loan Benefits For Women In India: Check What Advantage They Can Avail
home loan rates
16 Dec 2023
Latest Loan Interest Rates 2023: Check Rates Of Leading Banks Here
As you know, changes in MCLR and RLLR have a direct impact on the loan rates. As a result, these adjustments alter the Equated Monthly Installments (EMIs) of borrowers.
Bank of Maharashtra
12 Mar 2023
Good News For Home Loan Borrowers! Bank Of Maharashtra Cuts Interest To 8.4%
Bank of Baroda also reduced its MSME loan interest rates starting at 8.4 per cent. Both offers were effective from March 5, 2023, and are valid for a limited period till March 31, 2023.
Business
27 Nov 2022
Home Loan Interest Rate 2022: SBI vs HDFC vs ICICI vs PNB vs LIC rate compared
HDFC Bank
21 Sep 2021
HDFC offers home loans at 6.7% ahead of festive season
With this offer, customers can get an HDFC Home Loan starting at 6.70 percent from September 20 onwards. This is a close-ended scheme and will be valid till October 31, 2021, the lender said. Besides HDFC Bank, other banks including State Bank of India (SBI), Bank of Baroda, Kotak Mahindra, and PNB had cut down home loan rates.
Banks
07 Mar 2021
Home loan interest: SBI, Kotak Mahindra Bank, HDFC slash rates
The rate war also comes on the back of continuous prodding by the monetary authority which has slashed the repo rates by a whopping 200 bps since March 2020 to 4 percent to help revive the economy ravaged by the pandemic, but still, credit demand remains under 6 percent. According to the RBI data, home loan growth decelerated in FY21 due to the pandemic, though the decline in fact began in March 2020. Unlike personal loans, housing loans involve collateral. In case of default, banks can seize the asset and auction it off.
home loan
15 Dec 2017
Keep these points in mind before applying for home loan
Most of us dream to own a property, but lack of requisite amount leaves us with no choice but to go for a bank loan.
Bank of Baroda
09 Jan 2017
Bank of Baroda offers lowest home loans rates at 8.35%
State-run Bank of Baroda on Monday reduced home loan rates by 70 basis points to the industry's lowest level of 8.35 percent that will be applicable for customers having a strong Cibil scores.
RBI
09 Oct 2015
RBI move on LTV ratio to cut down home loan rates: Crisil
RBI's move to lower loan-to-value ratios and risk weights for individual housing loans can help bring down interest rates on home loans by another 25-30 basis points over the next few months, says a report.
HDFC Bank
23 Apr 2015
HDFC cuts home loan rates for women to match SBI, ICICI
The product, christened 'Women Power', offers the differentiated rate of interest for women borrowers, as against 9.90 percent charged for other borrowers, HDFC said.
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