Following are certain important things that lenders consider while processing loans to self-employed...
Canara Bank on Thursday indicated a 0.25 per cent cut in home loans taken from the bank for a period upto 10 years, showing that the home loan rates might not have bottomed out yet.
State Bank of India on Thursday said that equated monthly instalments on its home loans will be tweaked shortly as interest rates have gone up by two per cent in the last one year.
For the last two years, the home loan borrower has been facing the brunt of high interest rates
State Bank of India has embarked on a drive to cut the Know Your Customer (KYC) process to a single one across its branches, a top official said on Tuesday.
The government has infused over Rs 3,100 crore into women-led startups over the past six years, through its three schemes including the Fund of Funds for Startups (FFS), Startup India Seed Fund Scheme (SISFS), and Credit Guarantee Scheme for Startups (CGSS) to boost female entrepreneurship across the country, according to an update shared by the Ministry of Commerce and Industry.
Here's a dummy's guide to the home loan fee maze
Leading non-banking financial company (NBFC) Shriram Finance on Friday said Japan-based MUFG Bank would invest Rs 39,618 crore, or $4.4 billion, to acquire a 20 per cent stake on a fully diluted basis through a preferential issue of equity shares.
Interest rates have been fluctuating for the last 6 years, so much so that the consumer is not sure of the future.
Faced with an increase in defaults on home loans, banks are beginning to feel the 'bite' after growing their portfolios at breakneck pace in the last three years, according to State Bank of India Chairman O P Bhatt.
Deduction on home loan interest cannot be claimed when the house is under construction
Public sector banks on Monday announced that home loans up to Rs 5 lakh (Rs 500,000) would be given at a maximum interest rate of 8.5 per cent, while those between Rs 5 lakh and Rs 20 lakh (Rs 500,000 and Rs 2 million) would be offered at 9.25 per cent.
Consider prepaying or shifting but do the homework, as it makes sense or not, depending on where you've reached on the tenure.
he home loan market is brimming with diverse home loan products which cater to different needs of individual customers.
Collateralisation of other loans and prior approval for additional leverage are things to watch out for
Changing your home loan provider to save on interest could actually mean you are losing money. Here's how.
When and how you can access EPF money before retirement without jeopardising your long-term retirement savings.
Are fixed rate home loans really fixed? There's more to it than meets the eye.
Start now, and sail through your tenure like a pro!
Home loan expert Harsh Roongta tells you what you can do if your bank has increased the interest on your home loan.
'If the new rate is lower than your current rate, ask your bank to shift you to it.' 'This can be done by paying a fee of Rs 5,000 to Rs 6,000.'
In what could trigger another round of rate cut war, National Housing Bank on Wednesday slashed lending rates by 0.40-0.65 per cent just two weeks before the Reserve Bank of India announces its busy season credit policy.
Home loans of up to Rs 75 lakh (Rs 7.5 million) would now be available to fresh borrowers at 10.10 per cent against the existing rate of 10.15 per cent, State Bank of India said in a statement.
Al-Nassr top the standings and are two points clear of second-placed Al-Hilal. Al-Ahli are fourth on 25 points.
Will offer lower rates on home loans till end of 2012.
Here, we have evaluated how home loan seekers can enhance their eligibility by selecting a higher tenure.
Home loan rates are on an upswing once again. Will it help to switch from a floating to fixed home loan rate?
Your EPF isn't just a retirement pot. It's a financial safety net you can dip into for life's biggest needs. Here's how these one-time advances work and when to use them wisely.
Ask rediffGURU and PF, MF and insurance expert Purshotam Lal your mutual fund, insurance and personal finance-related questions.