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SBI eyes  1  October launch of revamped home loan product linked to repo

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MUMBAI : State Bank of India (SBI) has put on hold its existing repo-linked home loan product and will launch a new one on 1 October, said a person familiar with the development, […]

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Money & Relationships: Pros and cons of taking joint home loan with your spouse

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Have you and your spouse decided to buy a house with the help of a joint home loan? Exciting as the prospect of purchasing a house seems to a married couple, they need […]

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SBI to seek clarity from Reserve Bank on fixed-floating home loan rate

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Floating rate linked to repo caused asset-liability mismatch, says Rajnish Kumar The largest lender State Bank of India will be seeking clarifications from the Reserve Bank whether it can offer long-term home loans with […]

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Looking for additional fund? Here’s how top-up home loans score over gold or personal loans

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While zeroing down on your choices, evaluate your options based on these criteria; Are you planning to renovate your house, or make some changes, while paying for your home loan? Instead of […]

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SBI cuts MCLR rates again. What it means for your home loan EMIs

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India’s biggest lender State Bank of India or SBI has reduced its MCLR (Marginal Cost of Funds based Lending Rate) by 10 basis points. This will come into effect from September 10. […]

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67% of Indians ready to take loans: Home Credit survey

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Two out of three Indians are open to taking loans, a new survey by consumer finance provider Home Credit India has revealed. Interestingly, fulfilling family needs and their wishes constitute the single […]

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Modi gift to homebuyers! Your home loan EMI burden will reduce; how you will benefit

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‘Housing for All’ really is possible! With FM SItharaman laying emphasis on ‘reforms, perform and transform’ agenda in Budget 2019 for the Indian economy, some good news also came in for home buyers, especially the ones staying in small cities […]

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50 peripheral cities witness home loan growth ranging from 15 to 36%

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As many as 50 peripheral cities have witnessed higher home loan growth ranging from 15 percent to 36 percent during the period between the financial year 2012 to 2013 and financial year […]

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