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SBI beats rivals with cheaper personal loans against property

scheme, aimed at existing home loan borrowers and linked to the price of property, is offering personal loan at 11.25% to existing home loan customers.The offer is similar to the top-up scheme of other players such as ICICI Bank and home loan provider HDFC, which have pegged their loans at 12.25% and 12.50%, respectively. The new product, called 'SBI Home Equity scheme', gains relevance in the context...
Source : Times Of India |
Category : Business

HDFC revives fixed-rate loans at 10.75-11.25%

etc.MUMBAI: Housing Development Finance Corporation has sought to reactivate the market for fixed rate home loans with the launch of a new product where interest rates are fixed for 10 years. Under the new scheme, rates are 125 basis points lower than HDFC's existing fixed rate loans.The new scheme — Trufixed interest rate home loans — has been launched as an Independence Day special. Home loans of...
Source : Times Of India |
Category : Business

HDFC revives fixed-rate loans at 10.75-11.25%

Housing Development Finance Corporation has sought to reactivate the market for fixed rate home loans with the launch of a new product where interest rates are fixed for 10 years. Under the new scheme, rates are 125 basis points lower than HDFC's existing fixed rate loans.The new scheme - Trufixed interest rate home loans - has been launched as an Independence Day special. Home loans of up to Rs 10...
Source : Times Of India |
Category : Business

HDFC launches fixed rate home loan schme, others to follow

Largest housing finance company HDFC on Monday launched a new fixed rate home loan scheme christened as ‘Fixed First’....
Source : Moneycontrol |
Category : Business

Axis Bank offers lifetime fixed interest home loan at 11.75%

rivate sector Axis Bank on Thursday launched a new home loan product that offers fixed interest rate of 11.75 per cent, to cash in on the busy festival season demand.The bank launched 'NISHCHINT' lifetime fixed interest home loan scheme which offers home buyers loans at a fixed rate of 11.75 per cent for the entire duration of the loan that is up to 20 years, Axis Bank said in a statement.Under the...
Source : Rediff |
Category : Business

Axis Bank offers home loan at fixed rate for 20 years

bank launched "NISHCHINT" lifetime fixed interest home loan scheme which offers home buyers loans at a fixed rate of 11.75 per cent for the entire duration of the loan that is up to 20 years, Axis Bank said in a statement.Under the scheme, the bank will offer home loan to eligible buyers up to 85 per cent of loan-to-value for debt up to 20 lakh and 80 per cent loan-to-value for borrowings above Rs...
Source : Business Today |
Category : Business | City : New Delhi

Indore News

65960Buying a new home is still in your hands. Cosmos home Loan offers Loan upto Rs.50 Lacs at 8% onwards. Interest calculation on daily reducing balance. EMI Rs.956/- per lac, repayment period – 15 years. Loan schemes at reasonable interest rate. Cosmo SME Loan / Cosmo Mortgage Loan, Car Loan, Working Capital Loan, Education Loan,. Open an account and proper with Cosmos. Cosmos Bank, The Cosmos Co-Op...
Source : Indore360 |
Category : Education Loan | City : Indore

ICICI Bank cuts home, auto loans rates

Country's largest private sector lender ICICI Bank on Thursday announced a cut in their home loan and automobile loan rates. While home loan rates have been cut by one percentage point, the rates on auto loan have been slashed by 0.75 percentage point. But the bad news is that the new rates will be applicable only for two months.In this festival scheme, the bank is offering a home loan of Rs 70 lakh...
Source : IBNLive |
Category : Business | City : Mumbai

SBI extends 25 bps discount on home loans till December

(SBI) on Wednesday extended 25 basis point concessional home loan scheme till December this year.Under the scheme, SBI offers 25 bps discount on interest rates on its card rate across the tenor of a floating home loan.The scheme which was open till October 31, 2011, has now been extended till December 31, 2011."A concession of 0.25 per cent in the card interest rate over the tenor of the home loan...
Source : Business Today |
Category : Business | City : Mumbai

Corporation Bank unveils grand festival bonanza from September 1

City based Corporation Bank with an eye on the upcoming festival season and in a concerted bid to boost its retail loanon Wednesday announced its grand festival bonanza for various loans schemes of the Bank from September 1 for three month period. The bonanza is offered for home loans, vehicle loans, NRI home loans, Doctor Plus (finance for medical professionals) and Vyapar schemes (loan for, who launched...
Source : Times Of India |
Category : City | City : Mangalore