Showing posts with label Interest Rate. Show all posts
Showing posts with label Interest Rate. Show all posts

SBI cuts lending rates by 0.75%

SBI cuts lending rates by 0.75%
SBI cuts lending rates by 0.75% The new lending and deposit rates are effective from April 1, 2020 and March 28, 2020, respectively State Bank of India (SBI) on March 27, 2020 said it will pass on the entire o.75% ( 75 basis points - bps) cut in the repo rate to its borrower…
Share:

A Few Guidelines to Get Home Loan at Minimum Interest

 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:

SBI Reduces Housing Loan Rates

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:

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:

Home Loan - Why the time is right for State Bank of India - SBI customers to move to MCLR from base rate..!

Home Loan - Why the time is right for State Bank of India - SBI customers to move to MCLR from base rate..!
Why the time is right for State Bank of India - SBI customers to move to MCLR from base rate..! By FE Bureau State Bank of India  (SBI) chairman Ms. Arundhati Bhattacharya said on Jan 2, 2017 that the bank has decided to club the switchover fee with the equated monthly insta…
Share:

SBI Cuts Housing Loan Rate Interests

SBI Cuts Housing Loan Rate by 0.15% The two-month festival offer is valid from November 1 to December 31 State Bank of India’s customers may find servicing new home loans relatively easier on their pocket, with the equated monthly instalment (EMI) coming down by Rs. 11 per Rs…
Share:

SBI Home Loan Interest rate - Men & Women

SBI Interest rate for  FOR Men 9.40% 30 years  EMI 834 Per Lakh 25 years  EMI 867 Per Lakh 20 years  EMI 926 Per Lakh 15 Years  EMI 1038 Per Lakh 10 Years  EMI 1289  Per Lakh FOR Women  9.35%  30 years  EMI 831 Per Lakh 25 years  EMI 864 Per Lakh 20 years  EMI 923 Per Lakh 15 Years  E…
Share:

New Way for Banks to Compute Interest Rates MCLR

New Way for Banks to Compute Interest Rates MCLR
New Way for Banks to Compute Interest Rates With the general complain being about how full transmission of the RBI's rate cut to the public has not happened, the central bank in December had come out with a new guideline mandating commercial banks to shift to a new form …
Share:

Flood Affected : Sundaram Home’s special loan plan 8.5% for 10 lac..!

Flood Affected : Sundaram Home’s special loan plan 8.5% for 10 lac..!
The special scheme is valid for disbursements made till June 30, 2016. The tenure of the loan will be in the range of 3 to 7 years. To improve flow of housing finance to flood affected residents of Tamil Nadu, Sundaram BNP Paribas Home Finance will be extending housing loans…
Share:

More than 2 Home Loans - What About Interest Rate?

More than 2 Home Loans - What About Interest Rate?
Generally only 2 ho me loans are allowed under normal home Loan interest. If a customer avails a 3rd home Loan, as per the prevailing rules, Banks charge interest above the normal Rate of Interest.  Several Banks charge O.5% extra over the normal rate of interest. It varies fr…
Share:

SBI All loans would become cheaper by 0.40%.

  SBI All loans would become cheaper by  0.40%.
RBI cut benchmark repurchase (repo) rate from 7.25% to 6.75%, lowest in four-and-half-years. Soon after reduction in repo rate by the Reserve Bank of India (RBI) , country’s largest lender State Bank of India (SBI) on Tuesday (September 29, 2105)  slashed minimum lending or …
Share:

Home Loan Interest: Floating Rate Vs Fixed Rate.

Home Loan Interest: Floating Rate Vs Fixed Rate.
Housing Loan  Interest : Floating Rate or Fixed Rate...! by Mr. Suresh Parthasarathy ,  Registered Investment Advisor (SEBI) One of the challenges while buying your dream home is the challenge of deciding how much to borrow. And the next big decision to make is whether to go in…
Share:

Popular Posts

Blog Archive

Recent Posts

Featured Post

Seminar on *INVESTMENT IN SHARE MARKET* on *Saturday 24th Feb 2024 Chennai

You are cordially invited for the Seminar on *INVESTMENT IN SHARE MARKET* on *Saturday 24th Feb 2024* at *5 PM Chennai  Please join the Hi-T...