Insurance policies sold with housing Loans

Insurance policies sold with housing Loans Often, when a person is sanctioned a home loan, banks or housing finance companies also try to sell him home loan insurance (also known as mortgage redemption insurance) or home loan protection plans (HLPPs).  These plans are for 3 t…

Share:

Read More

Difference between term plan and home loan protection plan ..!

Difference between term plan and home loan protection plan ..! Src: BS  November 2017

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

ICICI BANK 1% CASH BACK ON HOME LOAN

ICICI BANK 1% CASH BACK ON HOME LOAN Under the 1% Cashback Product you will receive a Cashback of 1% on every EMI paid for the entire loan tenure.  The amount of cashback will be either credited to your ICICI Bank account or will be adjusted against principal outstanding of y…

Share:

Read More

What Determines Your Housing Loan Amount?

What Determines Your Housing Loan Amount? by Mr. NAVEEN KUKREJA, Paisabazaar.com For most people, buying a house is the single biggest financial commitment they make in their lives. One of the most critical aspects of this decision is choosing the most suitable home loan deal…

Share:

Read More

RBI Has Cut Risk Weights for Housing Loans..!

RBI Has Cut Risk Weights for Housing Loans..! Believe a cut in standard asset provisioning and relaxation of risk weights on new higher ticket loans by RBI is a positive for housing finance segment. While government’s interest subsidy scheme was aimed at boosting home loans…

Share:

Read More

LIC HFL Griha Siddhi Home Loan 8.53%

LIC HFL  Griha Siddhi   Home Loan at 8.53%  As on June 2017

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