loans

May 10, 2021 11:21 AM IST

Bank of Baroda, Kotak Mahindra Bank offer the lowest interest rates on home loans

Interest rates of the top 10 cheapest Rs 75-lakh home loans range from 6.65-6.9 percent

The most wanted loans by first-time borrowers

Home Loan Balance Transfer: Know the Process and Its Benefits

While a balance transfer helps you reduce home loan EMI payments, the move may not always be profitable.

How CIBIL and Experian score first-time loan applicants

Your employment profile and social media accounts are checked by financial institutions to assess your credit risk levels

To take a personal loan or borrow against a credit card? Here's how you must decide

The repayment tenure and the loan size must be the main deciding factors

Joint home loan application: For higher amounts and increased tax benefits

As the income of the co-applicant is also considered while evaluating EMI affordability, it can also help you get a bigger loan amount

Why there is nothing constant about fixed interest rate home loans

The fixed rates chosen would be valid only for the first few years, after which borrowers will have to repay the home loans at the revised interest rates

Kotak Mahindra Bank, HDFC offer the cheapest home loans

State Bank of India's rate back to 6.95 percent as special offer ends on March 31

Feeling cash strapped? Here are 4 secured loan options that come at low rates

The lower credit risk of secured loans allows lenders to be lenient on credit score of applicants and also levy lower interest rates

‘Buy now, pay later’ schemes are getting popular amid COVID-19 pandemic, but these are debt traps

'Buy now, pay later' schemes may sound convenient as it allows you to bunch up payments, much like a credit card. But if left unchecked, late payment charges and interest costs can burn a hole in your pocket

Union Bank, Central Bank of India offer the lowest interest rates on personal loans

SBI and Bank of Baroda personal loan rate on a Rs 5-lakh loan with a five-year tenure starts at 9.60 percent and 10 percent respectively

Your money calendar for 2021-22: Keep your dates with investments, taxes and money box

Moneycontrol’s annual money calendar lets you keep your dates with investments, income-tax filing, paying your insurance premiums on time and reminds you to go on a holiday, once in a while

April 1: Money Changes That Will Impact Your Year Ahead

From the new tax rates on your Employees’ Provident Fund to relief to senior citizens over 75 years of age from filing income-tax returns, here are all the money changes and rules effected April 1.

Credit guarantee fund trust approves 6.19 lakh loan applications from small businesses in FY21

CGTMSE is a trust which provides collateral-free loans to MSMEs. It provides a guarantee to the lending institutions up to a certain limit for all lending done by them to the enterprises in the MSME sector.

Home loan interest rates unlikely to fall any further: Godrej Housing Finance

Manish Shah, MD & CEO, says that the more credit worthy a customer, the lower will be the home loan interest rate offered

Union Bank, State Bank of India offer education loans at 6.8-6.85%

Educational loan rates are nearly at par with most home loan interest rates

Kotak Mahindra Bank and State Bank of India offer the lowest rates on home loans

Home loan rates touch record lows of 6.65-6.7 percent in March

Anurag Thakur: Scheduled commercial banks wrote-off Rs 1.15 lakh crore in 9 months of FY21

With regard to recovery of written-off bank loans, the Minister of State for Finance said, as per RBI guidelines, banks are required to have a loan recovery policy, duly vetted by their Boards that set down the manner of recovery of dues, period-wise targeted level of reduction in non-performing assets, etc

How women can make the most of lower rates on home loans and stamp duties

Even a small concession on home loan interest rates will add up to a huge sum over a 15-20-year period. Registering a property in the name of a woman will help in saving significantly on stamp duties.

Cheaper home loans from SBI, Kotak Mahindra Bank: Switch lenders to benefit from lower interest rates

Home loan balance transfer can reduce the interest burden and knock EMIs off your repayment schedule

More women borrowed personal loans in pandemic: CRIF High Mark

The active loans to women borrowers stood at 64.82 lakh in the personal loan segment, as against 43.54 lakh in home loans, while auto loans witnessed a 4 per cent de-growth to 1.18 lakh women borrowers, the report released in the run-up to the women's day said.

Cheapest Home Loan Rates: Here's what SBI, Kotak Bank and others have on offer

The private lender said the interest rates are linked to borrowers’ credit score and the Loan to Value (LTV) ratio. The bank said the rates will be applicable for both the salaried and self-employed customer segments.

Kotak Mahindra Bank reduces home loan interest rate to 6.65% till March 31

Kotak Mahindra Bank said this is a special rate that is applicable till March 31, 2021, across all loan accounts.

Kotak Mahindra Bank, State Bank of India and HDFC offer the cheapest home loans

As many as 17 banks and housing finance companies charge interest rates as low as between 6.75-6.9 percent a year

Shapoorji Pallonji Real Estate and SBI sign MoU to offer faster home loan approvals to homebuyers

The new tie-up will cover Shapoorji Pallonji Real Estate's existing housing projects across key markets.