Here is how the home loan interest rates offered by various banks stack up
The announcement comes close on the heels of SBI reducing interest rates on home loans
Muthoot Homefin (India) Ltd (MHIL), a wholly-owned subsidiary of Muthoot Finance, on Sunday said it plans to disburse Rs 700 crore of home loans in the 2021-22 fiscal.
Aims to achieve Rs 7 trillion by FY24, currently has 34% market share in the segment
Business Standard brings you top news of the evening
Here is how the home loan rates offered by various banks stack up
State Bank of India on Friday announced an interest concession of up to 30 basis points on home loans and a 100 per cent waiver on processing fees
Here is how the home loan interest rates offered by banks stack up
In this podcast, Business Standard's Sanjay Kumar Singh demystify the process of choosing your lender. Tune in to know more
Defaulting on card dues could restrict access to credit in future
Here's how the home and new car loans offered by banks stack up
The country's largest lender State Bank of India on Wednesday announced concession of up to 25 basis points (bps) on its home loan rates
Cover means the lender has a certain value of assets compared to a loan given
The increase in EMI or tenure will be lesser if the government pays the compound interest
While corporate loans shall be restructured, retail and SME loans are at lenders' discretion
At sub-7 per cent, the rates are at their historic low. In 2003 and 2004, it was 7.25 per cent; and in 2011, as high as 11.75 per cent
One of the key points to note while accounting for these investments made from April to July is that a deduction once claimed in FY20 on an investment made, cannot be claimed again for FY21
Go for secured credit options and make the most of assets like gold, house, car
"the unanimous feedback has been that there has been a decline in the total loan book under moratorium from the 25-30% numbers reported as of end-May," analysts led by Suresh Ganapathy wrote in a note
Showing other income, and buying mortgage guarantee will help get approval