Category Archives: Loans

The home loan indus­try has been doing brisk busi­ness in India since last few years and almost all pub­lic sec­tor and pri­vate sec­tor banks have been offer­ing home loans to the Indian pub­lic with var­i­ous attrac­tive ben­e­fit schemes. Instead of rush­ing through the process of tak­ing a home loan, it …

Of late, Home Loan Indus­try has been doing brisk busi­ness in India and almost all pub­lic sec­tor and pri­vate sec­tor banks have been offer­ing home loans to the Indian pub­lic with var­i­ous attrac­tive ben­e­fit schemes. How­ever, the process of buy­ing a home and to choose the right type of home …

There are cer­tain terms and phrases you always come across while pro­cess­ing your home loan. The terms used in the hous­ing finance par­lance are as under: Point 1 — Hous­ing Loan Terms EMI Equated Monthly Install­ments, which you have to pay back to the bank every month. Point 2 — Hous­ing Loan Terms Float­ing …

Of late, banks and finan­cial insti­tu­tions have been rais­ing the home loan inter­est rates fre­quently. This has been affect­ing the home loan mar­ket adversely and peo­ple have to think twice or eval­u­ate var­i­ous options before plan­ning to buy a home. You can increase your home loan eli­gi­bil­ity cri­te­ria by some meth­ods. …

With an uncer­tainty in inter­est rates, home loan seek­ers are on a fix whether to go for a loan or not. In fact with a pos­si­bil­ity of inter­est rate ris­ing fur­ther as RBI had made it clear that to tame infla­tion it will increase the repo rate to higher lev­els. …

In this era of ris­ing inter­est rate and con­sid­er­ing the Cen­tral Bank has increased the repo rate 11 times, this period is tough for home buy­ers. HDFC fol­lowed ICICI Bank in this aspect and launched the fixed rate home loan scheme. Ear­lier ICICI Bank launched two new home loan prod­ucts …