Budget 2016: here what happened to your take home pay

With neither any changes in income tax slabs or rates, nor any enhancement in the limit for permissible tax saving investments under section 80C, a salaried individual may be led to believe that Bu..


Banks may now give home loans for Rs 1 crore for 30 years

MUMBAI: Banks have turned active in giving out home loans for as long as 30 years for the first time since credit crisis days as they attempt to revive demand in high-end home purchases which has c..


How delayed delivery costs customers buying homes on loans

2016 may be a good year to buy a home. Property prices have remained stagnant for almost a year. While the quoted inventory prices may not have changed, better deals are available in terms of spot ..


Loan subsidy to make housing affordable for middle class buyers

DEHRADUN: Under the 'Housing For All' scheme of PM Awaas Yojna, taxpayers in the city who have ownership of land and are earning anywhere between Rs 3 lakh to 6 lakh can now avail a loan of Rs 6 la..


This week you will get good news on home, auto loan EMIs

New Delhi: After goading banks, without much success, to pass on full benefits of policy rate cuts to borrowers, Governor Raghuram Rajan Tuesday said the Reserve Bank will this week issue guideline..


RBI move on loan-to-value ratio seen reducing home loan rate further

Mumbai - The RBI's move to lower loan-to-value ratios and risk weights for individual housing loans can help bring down interest rates on home loans by another 25-30 basis points over the next few ..


Applying for a Home Loan? Five Things to Know

Opting for a home loan could be considered one of the most important financial decisions one makes. It helps create an asset which is dearest to many - a home! So, how does one ensure that he/she b..


RBI Move on Loan-to-Value Ratio to Cut Down Home Loan Rates: Crisil

Mumbai: RBI's move to lower loan-to-value ratios and risk weights for individual housing loans can help bring down interest rates on home loans by another 25-30 basis points over the next few month..


Home Buyers Can Now Get More Loan for Property up to Rs 30 Lakh

Mumbai: Banks can now provide home loans up to 90 per cent for properties that cost Rs 30 lakh or below, the Reserve Bank of India (RBI) said on Thursday.

Earlier, the facility was availa..


India's small towns adding to home loan growth by 19%

New Delhi: Home loan segment is one area where both the public and private sector bank are currently focussing a lot.

As per a report in the Times of India, small towns are the main engin..


Easy bank loans for home repair

CHENNAI: The recent rain and flood may have dampened hopes of a sustained recovery in the housing sector in Chennai. But mortgage lenders are seizing an opportunity in the crisis: They are g..


Role Online loan aggregators can play in fulfilling Priority Sector Housing

Priority Sector Housing is any Loan to individuals up to ₹ 28 lakh in metropolitan centres (with population of ten lakh and above) and loans up to ₹ 20 lakh in other centres for purchas..


Loanadda at state level bankers committee at chandigarh

Mr. Anshuman Mishra, Founder-CEO of LoanAdda.com, addressed the State Level Bankers Committee (SLBC) at Chandigarh on partnership between private sector and public sector for Financial Inclusion th..


SBI, Andhra Bank, BOI and SBT Cut Lending Rates

Banks have been quick in passing on the benefits of yesterday’s rate cut to the consumers. Surprising many, the Reserve Bank of India reduced the repo rate by 50 basis points (100 basis points ..


After SBI, ICICI Bank Raises Spread on Home Loans

After the State Bank of India (SBI), ICICI Bank, one of the biggest private sector banks, increased the spread on its home loan interest rates. The bank raised the spread or mark-up over base rat..