This is the second time in little over a month that the flagship carrier has floated tenders for short tenure loans even as the government is working on the modalities for the stake sale.
Like loans the bank deposits too should be linked to floating rate external benchmark.
Kotak Mahindra Bank today announced festive offers on home loans, loan against property, working capital loans and business loans along with waiver of part of full processing charges.
Disruption has finally come for the lending industry in India Fintech companies are beginning to use machine learning to evaluate the credit-worthiness of Indian SMEs and millennials.
Adding your working spouse or children as co-applicant(s) is the best way to improve your loan eligibility.
The following article is an initiative of Paisabazaar.com and is intended to create awareness among the readers.
Currently, SBI, HDFC and ICICI Bank are offering home loans starting from 8.35 percent for women borrowers and 8.40 percent for the rest
For uplift of farmers, the government should accord constitutional powers to the Kisan Ayog, RKM president Shekhar Dixit said here.
Customers would be happy to know that banks are sprucing up their festive offers to give discounts on loans and waive off charges to avail loans in the Diwali season.
Personal loans should be one of the last financing options as they come with a high price and can ruin your financial plan.
The festive season has arrived and banks are back again luring its customers with discounts and cashbacks through their product offerings.
Here are the various features of top-up home loans and how they compare with other credit alternatives like personal loan, gold loan, credit card loans.
The interest rate you pay on your loan is being increasingly linked to your credit score.
"To bring back investments, the fundamentals of project financing will have to change. Projects will have to be much more completely tied-up before they get funded," Kochhar said at the launch of a book, edited by former RBI deputy governor Rakesh Mohan, here last evening.
Though there are other parameters besides repayment history which makes you eligible for a home loan, timely re-payment of funds is of great importance.
The offer is in addition to the existing waiver on processing fee on takeover of home loans, the bank said in a statement.
Credit score is the number assigned by credit information companies to give lenders an idea of your creditworthiness.
Before you do this, examine the liabilities that may come from this arrangement.
An additional interest subvention of 3 percent per annum will be available to "prompt payee farmers".
The West Bengal Essential Commodities Supply Corporation Ltd (WBECSC), which is under the food supplies department, had taken loan of over Rs 370 crore from the nine nationalised banks and had reportedly exported inferior quality iron ore to the China-based company.
Education loans can be expensive and hence you should assess your future repayment capacity before signing the deal.
A good credit score ensures that any loan you apply for gets sanctioned quickly. The score reflects one’s track record in handling credit.
The more we become 'social', the more we tend to show-off. It leads to more bad loans. It is time to shun bad loans and embrace good loans wherever required.
If you are unable to meet your monthly EMI payments, depending on the number of days that have passed without payment, you will be branded a defaulter by the lender.
Consumers are in for a good time with EMIs likely to come down and lenders likely to come up with festive season offers on loan rates in the ensuing months.