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SBI reduces interest rates on fixed deposits, home loans

SBI reduces interest rates on fixed deposits, home loans

The one-year MCLR will come down to 8.15 per cent per annum from 8.25 per cent per annum from Tuesday.

9 Sept 2019 11:09 AM IST

In FY18, the government had completed the scheduled borrowing of Rs 1.02 lakh crore through Small Savings Scheme). (Representational image)

Freedom from financial woes

Your household expenses should not be more than 30-35 per cent of your income

16 Aug 2021 9:03 AM IST

With the onset of the festive season, SBI has also waived processing fees on home loans and occupation-linked interest premium. Representational Image. (PTI)

SBI cuts home loan rate to 6.7%, BoB to 6.75%

A Cibil credit score of more than 800 will make a borrower eligible for a home loan rate of 6.7 per cent

17 Sept 2021 2:18 AM IST

Industry chambers CII and Assocham on Sunday asked the government that the PNB fraud should not hinder bank loans to businesses which were showing signs of revival after being hit by demonetisation and GST.

Home, auto loan EMIs to go up as SBI, PNB hike lending rates

SBI raised its one year MCLR (marginal cost of fund-based lending rate) by 20 basis points to 8.15 per cent.

2 March 2018 11:12 AM IST

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5 things to know when you take instant loan

There are several types of loans currently available in market be it home, education, personal, car or others. Loans...

16 Jun 2018 7:59 AM IST

One of the most important sectors from which bank generate its income is through the Home Loan department.

Home loan and auto loan to go up as RBI hikes policy rate

The reverse repo rate, at which it borrows from banks, was also raised by similar proportion to 6 per cent.

6 Jun 2018 5:03 PM IST

SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

SBI cuts affordable home loan rates by 0.25 per cent

Under the new government scheme, loans under Rs 30 lakh qualify for affordable housing.

8 May 2017 3:30 PM IST

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How new Real Estate Act makes home buyer a king

Govt has described implementation of consumer-centric act as beginning of an era where consumer is king.

1 May 2017 1:33 PM IST

A loan seeker with a low score may always start off with an NBFC or an HFC as they have a more relaxed approach towards credit scores.

Know your lender

Most people who buy their first house would typically take a home loan. but many may not know who would be the best...

12 July 2017 2:55 AM IST

ICICI Bank spokesperson said it has installed state-of-the-art note sorting machines that check the quality of millions of notes every day.

ICICI Bank cuts home loan rate by 0.3 per cent

Salaried women borrowers will get home loans at 8.35 per cent and others at 8.40 per cent.

15 May 2017 4:07 PM IST

IT officials raid an Axis Bank branch in Noida on Thursday. (Photo: PTI)

Axis Bank cuts home loan rates by 0.30 per cent

The rate cuts will help more people to realise their dream of having a home.

18 May 2017 2:11 PM IST

The governments recent decision to provide interest rate relief to home buyers and to those who wish to plan a home in 2017.

DHFL cuts home loan rates by 0.5 per cent

Reduction rates on home loan for various maturities will vary from 8.60 per cent to 9.10 per cent.

5 Jan 2017 9:37 AM IST