IOB conducts Customer Outreach Initiative

Indian Overseas Bank conducts 2-day Customer Outreach Initiative All the Public and Private Sector Banks have decided to conduct “Customer Outreach Initiative” – “Grahak Mela Camps”, jointly. The purpose of this outreach programme is to bring awareness to the General Publi…

Share:

Read More

Best Home Loan Interest Rates

Best Home Loan  Interest Rates  May 2019

Share:

Read More

A Few Guidelines to Get Home Loan at Minimum Interest

A Few Guidelines to Get Home Loan at Minimum Interest How to avail a Home Loan and that too at a low-interest rate is the first thing that comes to your mind when we talk about a Home Loan.  Buying a house is not only a dream but also a big task for every person. Home Loan fa…

Share:

Read More

SBI cuts interest rates to 8.30% for Housing Loans

SBI cuts interest rates to 8.30% for home loans The State Bank of India (SBI) on Thursday announced a reduction in interest rates on home and automobile loans by 0.05% (five basis points - bps). The rates will be 8.30% for home loans up to Rs 30 lakh - the lowest in the indus…

Share:

Read More

Home Loan: How to get credit linked subsidy under PMAY..?

Home Loan: How to get credit linked subsidy under PMAY..?  by Mr. Harshil Mehta, DHFL Owning a house is one of the most important dreams one has and a home loan helps people realise it. The new credit linked subsidy scheme (CLSS) allows first time home buyers to avail more be…

Share:

Read More

SBI Reduces Housing Loan Rates

SBI Reduces Housing Loan Rates After the Reserve Bank of India (RBI), in its second bi-monthly monetary policy review slashed the risk weightage associated with housing loan, the largest public-run lender reduced the home loan rates for the second time. The reduction has be…

Share:

Read More

Declining Housing Loan Rates to Kick-start Residential Revival

Declining Home Loan Rates to Kick-start Residential Revival by Mr.  Ramesh Nair , COO – Business & International Director,  JLL India In the midst of all the demonetization brouhaha, there is reason to celebrate in the real estate sector. The Indian housing markets historica…

Share:

Read More

Bank of Baroda Cuts Housing Loan Rate to Industry Low

Bank of Baroda Cuts Housing Loan Rate to Industry Low In doing so, the  Bank of Baroda  has decided to offer home loans at its one-year marginal cost of funds-based lending rate (MCLR) without any spread to customers with CIBIL score of 760 and above. “We will also allow custom…

Share:

Read More

State Bank of India - New loan product for affordable homes

State Bank of India  - New loan product for affordable homes For the affordable homes segment in the up to Rs. 30-lakh category, State Bank of India (SBI) has brought in a new loan product, which carries fixed interest rate for the first two years. In the subsequent years, i…

Share:

Read More

SBI, ICICI Come Back with Teaser Home Loans!

SBI, ICICI Back with Teaser Home Loans! by Ms. Tanushree Banerjee,  Equitymaster.com In 2008, State Bank of India (SBI) was the pioneer of what it is called 'teaser home  loans'. The brainchild of then SBI chairman Mr. OP Bhatt, these dirt-cheap loans allowed SBI to su…

Share:

Read More

Home Loan Bank charges

Bank charges 1) Along with application. Upfront for Legal and Valuation:-A cheque for about Rs.5,500 . 2) Processing Fee: - . LOAN AMOUNT PROCESSING FEE Upto Rs.25 lacs. 0.35 % of loan amount. Above Rs.25 lacs and upto Rs.75 lacs. Rs.6500- Above Rs.75 lacs. Rs 10000- Processing fee…

Share:

Read More

STATE BANK OF INDIA HOME LOAN TAKEOVER MELA

STATE BANK OF INDIA                                             HOME LOAN                            TAKEOVER MELA                           9.35%(For Women)                  EMI Rs.831/-Per lakh (30 years)                             9.40%(For Men)                  EMI Rs.834/-Pe…

Share:

Read More

SBI LAUNCHES FLEXIPAY HOME LOAN FOR GEN NEXT

STATE BANK OF INDIA LAUNCHES FLEXIPAY HOME LOAN FOR GEN NEXT Shri B. ramesh babu, Chief General Manager, in the presence of Shri G. Ravindranath, Shri. Indu Sekhar Dantu, General Manager, State Bank of India, Chennai Circle Launched a New Varient in Home loan namely SBI FLEX…

Share:

Read More