For Housing Loan Need in and around Chennai: Call N S FINANCIAL SERVICES

Chennai based N S Financial Services is a leading Housing Loan Consultant firm. « Purchase of House / Flat / Plot « Construction Loan « Take Over Home Loan from other Bank « Vendor Home Loan from Other Bank « Additional Loan for Construction « NRI Home Loan « Mortgage Loan « P…

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UCO Bank: Cuts Home Loan Rates by 25%

UCO Bank has slashed home loan interest rates by 0.25% with immediate effect. The bank has reduced rates on housing loans by 0.25% to 10.50% said a press statement issued by UC0 bank.  Contact: Toll Free Number           -           1800 103 0123 For ATM hotlisting & helpli…

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Reserve Bank : Banks told to give 1 per cent interest sop for housing loans up to Rs. 15 lakh

The RBI (Reserve Bank of India) on recently asked banks to provide 1 per cent interest subsidy for housing loans up to Rs. 15 lakh. RBI said in a notification, ''The interest subvention scheme has been liberalised with effect from 2011-12 by extending it to home loan…

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Axis Bank: Launches Happy Ending Home Loans - Loans with the 12 months EMIs waived

Axis Bank launches "Happy Ending Home Loans": Loans with the last year’s EMIs waived Pay on time, and have your last 12 EMIs waived off Axis Bank, India's 3rd largest private sector bank, recently announced the launch of "Happy Ending Home Loan" a uni…

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Indian Bank : Cuts Housing Rate By Up to 0.50%

The State owned Indian Bank had reduced interest rates on housing loan by up to 0.5% to increase disbursements in home loan segments. The Chennai based bank tweaked interest rates of retail loans soon after finance minister Mr. P Chidambaram advised banks to keep EMIs at af…

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NRI Property Investment : Whate are the Major Benefits

by Advocate Mr. Hari Raheja Investments in property (House and Plot of Land) in India will give an NRI ( Non Resident Indian) or / PIO (  Person of Indian Origin  ) many benefits. 1. Can an NRI  or / PIO borrow locally in India & invest in property? Yes, housing and plot loa…

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NRI Property Investment : Whate are the Major Benefits

by Advocate Mr. Hari Raheja Investments in property (House and Plot of Land) in India will give an NRI ( Non Resident Indian) or / PIO (  Person of Indian Origin  ) many benefits. 1. Can an NRI  or / PIO borrow locally in India & invest in property? Yes, housing and plot loa…

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HDFC's TRUFIXED Home Loan

Under this Trufixed Home Loan product the house buyer has the option to choose a Fixed Interest Rate Period (FIRP) between 3 to 10 years . Post the fixed rate period the loan will automatically convert to a variable (Floating) rate product. The home buyer also has the option…

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Finance Minister’s Plea to Cut Home Loan Rates: Three Banks Follow

More state owned banks are responding to finance minister Mr. P.Chidambaram plea to cut interest rates to spur growth. On recently, 3 banks - Corporation Bank, Union Bank of India (UBI)  and Central Bank of India slashed interest rates on housing loans. Corporation Bank..! Cor…

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State Bank Of India: Cut processing & Conversion Fees On housing loans

With the advent of festival season our country India’s largest lender – SBI (State Bank Of India ) has embarked upon a special campaign to ramp up its housing loan book. It is going to reduce the processing fee for housing loans to Rs.1,000 per loan irrespective of the size. …

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HDFC : Top - Up Home Loans

The details of HDFC, Top Up Home Loans are..! ^ Top - Up Housing Loans offers an existing resident Indian customer a loan against the mortgage of the existing property. ^ It helps in encashing the investment in a house without having to dispose it off to fund various needs…

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Top-up Housing Loan : Better Option in Fund Raising

Housing loan is a liability that several people happily take in their life. In fact, even financial wizards approve it because they consider it as a positive liability. However, due to the rising real estate prices & loan interest rates, many housing loan borrowers have …

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Should you switch your housing loan to State Bank of India ?

Wait for some weeks, as other banks and hosunig finance companies are likely to follow suit. You can also negotiate for a lower rate before deciding on a change of bankers. Though SBI (State Bank of India) has cut rates on housing loans by 0. 25% 0.85% across tenures, it’s a…

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India: Total Housing Loan Outstanding Rs. Rs. 6,00,000 Crore

Indian real estate sector may be crying wolf over home loan high interest rates.But outstanding housing loans show steady growth. Total loan outstanding for  HFCs (Housing Finance Companies) was Rs 2,72,000 crore as on March 31, 2012 With the RBI continuing its war against i…

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