It is better to do the home work before signing above the dotted line. Home loans being large and long term liability it makes all the more important to understand what matters.
The substantial cut of 0.90% by the State Bank of India in its marginal cost of funds-based lending rate (MCLR), has created a lot of interest amongst the general public and borrowers, in particular. R
In order to meet its lending needs, LIC Housing Finance plans to raise close to Rs 7000-8000 crore in the last quarter of this fiscal.
Public sector Indian Bank has revised the Benchmark Prime Lending Rate (BPLR) and Base Rate with immediate effect.
Private sector lender Yes Bank said on Wednesday it has raised its base rate and prime lending rate by 50 basis points each with immediate effect.