loans

Home loan dues of a deceased person: Co-borrower or legal heir must repay the bank

In case of the demise of the borrower, the bank can help on compassionate grounds to make the repayment process easier

These five banks offer the cheapest personal loans starting at 8.9%

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

RBI warns of illegal loan apps: Here are some tips to identify genuine lenders

A Reserve Bank of India Working Group report has found at least 600 illegal loan apps operating in India. A look at the business of digital lending, and some tips to identify genuine players and avoid debt traps.

Planning to take a home loan? Consider these three factors to decide the tenure

Home loans with lower tenure must be opted for by those in their 50s or nearing their retirement

What makes Repco Home Finance a worthy bet despite lack of growth?

The lender’s loan book hasn’t changed much in the past one year, and consequently earnings growth has been muted

Ideas For Profit | Why should investors look at Mas Financial despite a weak show

Mas Financial did not pile up toxic assets during the pandemic, unlike other lenders in the unorganised sector. In spite of the challenges, the company has maintained the balance sheet quality. With a better quality of balance sheet and its focused approach to quality-driven growth, the earnings trajectory looks promising from FY23.

Your Money Matters | Should you invest money or repay your loans?

Some financial planners say you should repay your loans as soon as possible but some say a little bit of loan will not harm you. Should you take loans, if yes, how much is the ideal amount? Watch Episode 4 of Moneycontrol's personal finance series-Your Money Matters to understand how to reduce your debt.

Festive season cheers| Union Bank of India cuts home loan rates to 6.40%

The new rates will be applicable to customers applying for new loans or those who wish to transfer their existing loans including balance transfers.

Bank of India cuts home, vehicle loan rates

With this cut, the interest rate on home loans starts at 6.50 percent against earlier 6.85 percent, and at 6.85 percent against 7.35 percent prior on vehicle loans, the bank said in a release.

Bank of Baroda cuts home loan interest rates by 25 bps to 6.50%

Bank of Baroda has cut its home loan rates from 6.75 percent to 6.50 percent to gain from the festive season and increased demand for housing

YES Bank Festive Offer: Home loans at 6.7%, additional benefits for women

The 90-day offer from YES Bank includes an additional 0.05 percent benefit (interest rate at 6.65%) for prospective salaried women home buyers.

5 mistakes to avoid while applying for a home loan

As far as possible, do not opt for a shorter-tenure home loan. The shorter the tenure, the lower the loan amount sanctioned

Top banks queue up to offer low rates on home loans this festive season: Should you switch?

Leading private and public sector banks are competing to offer lower interest rates and are waiving processing fees to woo customers

Financing your child’s higher education? Here’s how you can do it systematically

Although an education loan largely consists of tuition fees, it is important to understand all the ancillary expenses that will be incurred during the tenure of the course

Your 5-point guide to availing instant loans

Unsecured as these loans are in nature, extremely high-interest rates tow them Hence, here is your 5-point guide to look out for before applying for these loans, so that you don’t sign up for a financial nightmare!

Buying a new house on loan? Be aware of these tax benefits

You could get tax deductions of up to Rs 5 lakh under various sections

Kotak Mahindra festive offer: Bank slashes home loan rates by 15bps to 6.5% per annum

Kotak Mahindra Bank's limited period offer will be available till November 8, 2021. Further, the reduced interest rate of 6.5 percent will be applicable across all loan amounts and will be linked to a borrower’s credit profile.

India Post Payments Bank & LIC Housing Finance ink pact to offer home loans

LIC Housing Finance will get access to 136,000 banking access points to make its home loan products accessible to IPPB’s customers across India.

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

Interest rates start at 8.9 percent for a Rs 5-lakh loan

Choosing the best personal loan: Here's a borrower's checklist

Be mindful of instant loan offers from lending apps, which could come at a high rate of interest