SBI cuts home loan rates; lowest in 6 years
Country's largest lender State Bank of India (SBI) has announced cut in its home loan rates as per media reports. A report in a leading daily stated that “home loans for women (or loans with women as co-borrowers) will be available for 20bps above the benchmark rate, which translates into 9.1 percent. For all other borrowers, home loans will be available at 9.15 percent, it added.
From: indiadotcom
Related topics : rates home loan
Do banks offer better interest rates than home finance cos? - Property Hotline
Expert: P V Subramanyam, Home Finance Expert, www.subramoney.com
Q: Currently I have a home loan from LIC Housing Finance for Rs 37.85 lakh for 20 years. I started the loan in November 2013 at interest rate of 10.35% fixed for 24 months, later for floating. In January 2016, the rate of interest changed to 11.45% which I am currently paying. I informed LIC HF regarding this raise but did not receive any explanation. What can I do/ Also, I want to know whether banks offer a better rate of...
From: Magicbricks Now
Related topics : home loan rate interest / bank loan interest rates / company loan interest rate
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No cuts in Home and Auto loan intrest rates
In line with market expectations, Reserve Bank of India on Tuesday kept the repo rate unchanged at 8%. The central bank also kept CRR, SLR unchanged. The reverse repo rate was also maintained at status quo of 7%.
However, it said it would cut the ceiling on bonds that must be held-to-maturity from the current 24 percent to 22 percent in stages starting in the bi-weekly cycle beginning in Jan. 10, 2015. It expects to complete the process by September 2015.
For More information on this news...
From: NewsX
Related topics : india bank loan rates
Best Interest rates for loans
We at Octopus loan are aiming at disbursing loans in 5 min’s or less. What it means is not just a loan approval, but disbursing amount in to your preferred bank. While our IT teams are working on automating, our 750+ ground staff spread across PAN India, with an association of 10+ years with major banks for best interest rates
From: mani4suall
Related topics : india bank loan interest rates
Bank Loan Classification and Provisioning Practices in Selected
Bank Loan Classification and Provisioning Practices in Selected
Nonperforming assets is defined as a line of credit against which the interest rate. The NPA used by financial institutions that refer to loans that put at risk. Assets of inferior quality the level of active quality is one that is classified.
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From: Online Insurance Advisor
Related topics : bank loan interest rates
Equity's numbers: Bank defies loan rate cap to post growing profits
Equity Bank's after-tax profit for the 3rd quarter of the year has defied the effect of the control on interest rates, and gone up by 17 percent to 15 billion Shillings from 12.8 billion Shillings.
Net-interest income went up by 26.2 percent to 32.3 billion Shillings. Non-interest income on the other hand reduced by 1.2 percent to 16.6 billion Shillings. Total operating expenses went up by 13.2 percent to 27.4 billion ShillIngs. The bank's assets appreciated by 5 percent to 468 billion...
From: Kenya NTV
Related topics : bank loan interest rates
Mortgage Foreclosure Process Stop Foreclosure Now Mortgage Loan Modification
Mortgage Foreclosure Process Stop Foreclosure Now Mortgage Loan Modification
https://youtu.be/k3zCxlt_nWM
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From: John Dismar
Related topics : loan calculator payment schedule / bank loan interest calculator / calculating loan interest / calculating loan payments / bank loan interest rates
Fixed home loan interest rates
These days fixed interest home loans are not encouraged by Banks & Home Financial Institutions. Even in rare cases where it is available, the fixed interest is limited to first 2 to 3 years only.
As the name suggests, fixed home loan interest means that your interest will be fixed and so you will have to pay the same amount of monthly instalments through the entire period of the loan. The interest rate remains unaltered irrespective of how the markets change. During the early months, the...
From: riazul islam
Related topics : home loan rate interest / bank loan interest rates