Sunday, Apr 14, 2024 | Last Update : 10:23 PM IST

home loans

6 public sector banks cut lending rates by up to 0.25 per cent

With the reduction in their respective benchmark lending rates, home, auto and other loans have become cheaper.

10 Oct 2019 7:03 PM

Loans to become cheaper after RBI cuts interest rate to a decade low

RBI will continue accommodative stance as long as it is necessary and growth revives, said RBI Gov Shaktikanta Das.

04 Oct 2019 4:11 PM

RBI cuts repo rate by 0.25 per cent to support growth

The repo rate has been brought down to 5.15 per cent to help reduce borrowing costs for home and auto loans.

04 Oct 2019 12:08 PM

SBI to move RBI to offer fixed-floating rate home-loans: Chairman

Floating rate loans are re-set as when the interest rates fall or rise, but fixed rate loans are reset in 9-12 months.

16 Sep 2019 9:54 AM

Govt to upfront infuse Rs 70,000-cr capital into public sector banks

The move is expected to generate an additional lending and liquidity in the financial system of upto Rs 5 lakh crore, said FM.

23 Aug 2019 8:09 PM


Home, vehicle, other retail loans to become cheaper: FM

Working capital loans for industry will also become cheaper, FM Nirmala Sitharaman said.

23 Aug 2019 7:29 PM

5 key changes in annual income tax assessment in Budget 2019

Additional income tax deduction of Rs 1.5 lakh on home loans for houses under Rs 45 lakh announced in Budget 2019.

08 Jul 2019 8:32 PM

Additional tax deduction of Rs 1.50 lakh on interest on home loans proposed

Government will also provide income tax deduction of Rs 1.5 lakh on interest paid on loans for purchase of electric vehicles.

05 Jul 2019 1:38 PM

SBI to offer home loans on basis of repo rate

In first week of June RBI had lowered the repo rate to 5.75 per cent.

19 Jun 2019 2:20 PM

SBI to offer repo-linked home loans from July 1

According to experts, the new category of home loans linked to repo rate may see quicker transmission.

08 Jun 2019 1:39 AM


5 platforms that could help the smooth financing of your short term loans

People typically take short-term loans to repay credit card bills, medical bills or even to fund a vacation.

07 May 2019 1:20 PM

RBI cuts interest rate by 25 basis points; loan EMIs likely to fall

Home, auto, and personal loan EMIs are likely to go down although banks are yet to fully pass on the previous cut.

04 Apr 2019 5:16 PM

RBI to hold talks with banks on linking home, auto loans with external benchmark

RBI had proposed that interest rates on loans should be linked to external benchmarks like repo rate from April 1.

04 Apr 2019 3:39 PM

Must know facts before you take a joint loan

Taking a joint home loan with a lady co-borrower like your own wife, mother or sister can fetch alluring concessional interest rates.

27 Feb 2019 6:11 PM

8 ‘stupid’ questions about home loans

Taking a home loan to fund the purchase of your house is one of the biggest financial decisions.

03 Oct 2018 1:51 AM


ICICI Bank aims to grow home loan book to Rs 2 trillion by FY20

At Rs 1.5 trillion, the mortgage loan-book is half of the bank's overall retail loan portfolio of around Rs 3 trillion, the bank said.

04 Jul 2018 7:12 PM

BoI offers home loans at cheaper rates to good credit score holders

A consumer's CIBIL score is a three-digit numeric summary of the credit information report.

07 May 2018 7:23 PM

Low-cost home loans face higher risk of defaults: report

At Rs 7.79 lakh crore, affordable housing accounts for 50 per cent of the overall home loans of Rs 15.8 lakh crore.

28 Feb 2018 4:43 PM

Lower rates, discounts to bring fence-sitting buyers in market

It is frequently said that buyers may be waiting for lower interest rates on home loans, especially in affordable housing segment.

29 Oct 2017 10:54 AM

Skip a few EMIs with Axis Bank's new home loan product

If a borrower takes a 20-year loan, the consumer will get 12 of the EMIs waived off.

17 Aug 2017 4:47 PM