Page 2 - Loan Rates

HDFC hikes retail prime lending rate on housing loans by 5 bps

HDFC's adjustable-rate home loans for customers with a credit score of above 750 will now be 6.75% versus 6.70% earlier

Tata Motors finance arms to sell loan assets of Rs 14,500 crore

Move to free up capital for both Tata Motors vehicle finance companies

'Gold loan NBFCs may adopt aggressive growth strategies amid competition'

Gold loan portfolio across banks has jumped by more than 89 per cent year-on-year to Rs 60,700 crore in FY21 and Rs 70,900 crore in the first nine months of FY22

Hero Electric ties up with State Bank of India for retail finance

The customers can now ride home their favourite company scooter at the lowest interest rates across India for a hassle-free experience, Hero Electric said in a statement

China's central bank injects 1 tn yuan via medium-term loans, same rates

The People's Bank of China said it was keeping the rate on 1 trillion yuan worth of one-year medium-term lending facility loans to some financial institutions steady at 2.95% from previous operations.

Short-term interest rates rising, loan rates to stay low a while: experts

The low interest rate phase hasn't really helped investors or investment; Covid-19 was actually a supply side shock

Want low-interest loan this festive season? Need a credit score over 750

In fact, you should monitor your credit score regularly because if it is low, it will take time to improve it

How falling prices may impact the quality of gold loans for banks

Since June 2020, gold-loans surged even as lending to other segments was affected by asset-quality concerns

Switch home loan if you can reduce cost by at least 50 bps: Experts

Don't go by the lowest advertised home loan rates; find out what you are eligible for

Bank of Baroda cuts benchmark lending rate by 10 bps, makes loans cheaper

The lender's home loan rates now start at 6.75 per cent and for cars at seven per cent after the revision.

Need cash? Medical personal loans can help tide over coronavirus crisis

Your existing bank will give this loan, and rates may be better

Need emergency money? Don't break fixed deposit, borrow against it

Loan rate is 100-200 basis points higher than the FD rate

Das meets heads of PSBs, discusses transmission of rates, stressed assets

The meeting focused on credit flow to the 'productive sectors' which include micro, small and medium enterprises and non-banking financial companies

Have a low credit score? Pledge your fixed deposit as security against loan

The benefit of a loan against FD is that it has a lower interest rate

Need emergency money? Use loan against property to fund planned expenses

Both self-employed and salaried employees can avail of it

Planning to buy a car? Here's a snapshot of loan rates by various banks

The deal being offered at the car showroom may not be most attractive

Planning to take a car loan? Some lenders have waived processing fee

Be on the look out for more such offers during this festive season

Loan rates will come down

Over time, banks will be forced to either offer lower tenure fixed deposits or longer tenure floating deposits

A snapshot of top-up home loan rates offered by various banks

Here is how the top-up home loan rates offered by various banks stack up