For home loans up to Rs 30 lakhs (Rs 3 million) for 20 and 25 year period, the interest rate has been increased by 0.5 per cent to 11 per cent against 10.5 per cent, SBI said. Equated Monthly Instalment for 25 years would go up from Rs 945 to Rs 980 per lakh while for 20 years EMI would go up by Rs 35 to Rs 1,035. Housing loan with maturity between 10 and 15 years has gone up to 10.75 per cent. EMIs under these maturities would go up as much as by Rs 35.
A top-up loan could come to your rescue in an emergency. Here's why
Aseem Chhabra introduces us to the best of Berlinale.
Each partner should discuss retirement accounts, property owned prior to marriage.
It is suggested that you get your SIM locked with which the wallet account is mapped.
Indian Airlines has launched an EMI scheme in association with Citibank to target the vacation travellers and the growing segment of credit card holders who prefer to use the deferred payment schemes to purchase goods and services.
Ribbon fails to leave an impact, feels Urvi Parikh.
This relaxation is available to entities running working capital accounts with any bank with the sanctioned limit of Rs 1 crore or less
You can always prepay the loan and/or switch to another financier
A senior first officer with Jet Airways shares her plight.
In an online chat with Get Ahead readers July 8, financial expert Anil Rego answered their queries on education loan. Here is the chat transcript
Follow these tips to get ready to celebrate with sweets and kites with your friends and family in your new house next Pongal.
The RBI has this year cut interest rates by 110 basis points in four instalments but banks have passed only a part of it to borrowers. Before the last reduction earlier this month of 35 basis points, the bank on an average had passed only 29 basis points out of 75 basis points cut affected during 2019.
'I feel lucky that I am in a position where I have the right to choose. I am not working because I have to pay an EMI. In small towns, people still call me Jassi. I don't mind because I am not here to break that image.' Frank talk with Mona Singh.
For most of us, it is the biggest dream to own a house. As there is a feeling of pride attached to it, it becomes more of an emotional call than a financial call.
According to analysts, most of the growth in the smartphone space will come from existing users, who will be lured to upgrade their handsets as new features and technologies turn existing features redundant, says Arnab Dutta.
Collateralisation of other loans and prior approval for additional leverage are things to watch out for
Here, we have evaluated how home loan seekers can enhance their eligibility by selecting a higher tenure.
Anita tells us how much she earns, where the money goes and what she is saving for.
The rate cut would mean actual gains for vehicle buyers only when banks pass on benefits.
RBI had asked banks to price fixed rate loans of up to three years based on marginal cost of funds from April 1
Do you save more money if you use bank portals for online shopping?
