The move will ensure that projects are evaluated individually before being declared NPAs; buyers no longer will have to wait for an indefinite period for their homes and developers will get greater payment flexibility.
Public sector banks offer education loans at a cheaper rate than private sector ones. Check the processing charges when availing an education loan
RBI’s latest monetary policy rationalises risk weights on home loans; asks banks to focus only on loan-to-value
RBI Monetary Policy: Governor Shaktikanta Das announced that the central bank would conduct open market operations (OMOs) in State Development Loans (SDLs).
Public sector banks offer the lowest rates, but leading housing finance companies are not far behind
The lender said it is offering a waiver of 0.25 percent in the existing applicable rates for Baroda Home Loans (under take over cases only) and Baroda Car Loans.
Public sector banks’ education loans are among the cheapest
The loans have been disbursed under the Pradhan Mantri Awas Yojana Credit Linked Subsidy Scheme
As many as one-third of developer loans are categorised as sub-investment grade. Substantial delays and stranded projects have led to deterioration in the financial health of developers
Larger housing finance companies offer interest rates in the range of 7-7.2 per cent, but several other NBFCs charge much higher rates
Looking for the lowest interest rates on home loans? Read on to find top 10 options where you have to pay the least
Public-sector banks lead the race; interest rates range between 6.85-7.3 per cent
Startups like FamPay and Slice are coming up with products tailored for students and young professionals. Can they get these consumers to stick around and expand their product suite as they grow up?
Overall real estate demand slow and prices have corrected by 20% to 25% in certain markets
We can make a proper assessment only when we know all the additional charges
Transfer your home loan to another lender to save on interest outgo
The one-time fee varies from 1-1.8 per cent of the loan amount
As per the latest data available, 26 per cent of our customers are in the moratorium phase
Sectors such as hospitality, automobiles and aviation might get a breather on loan repayments for a few more months
Cars24 has launched a new financing product to help car owners avail loans at 100% of the current value of the vehicle.
The decision to buy a house can’t be made just on the basis of emotions and desire
Aimed at boosting home-ownership under priority sector lending, the scheme offers salaried and self-employed buyers loans of up to Rs 35 lakh
We expect a drop in approval rates for all major retail products
If you can, it is better to keep paying your EMIs and not take the moratorium
RBI’s move to bring in more transparency on lending ensures that borrowers know who they are dealing with, upfront