Home loan

Proptech firm Square Yards, which is mainly into housing and home loan brokerage, on Friday reported 70% increase in revenue to Rs 670.5 crore for last fiscal year on better demand for residential properties. Its revenue stood at Rs 395.6…

The risk weight was also reduced to 35 per cent for LTV of less than 80 per cent. (Representative image)The RBI in October 2020 rationalised the risk weighting by reducing it to nil for loan-to-value (LTV) of loans above Rs 75 lakhInterest…

Canara Bank says existing borrowers have the option to switch over to interest rates linked to MCLR from fixed rates.Canara Bank has hiked the MCLR rate for tenures of six months and one year to 8.45 per cent and 8.65 per cent,…

There are several factors which are crucial for a loan-seeker to know before the person applies for the loan from a financial institution, like a bank. (Representative image) Taking a loan is the most obvious choice for those who can’t put…

Check details about the SBI regular home loan. Home loans in India are a popular way for people to finance the purchase of a new house or apartment. State Bank of India offers a range of home loan products to customers. Some of the home…

In the latest update to its Play Store policy, Google is set to restrict apps that offer loans to individuals from accessing user data such as photos, videos, contacts, precise location and call logs. The new restrictions will apply to all…

Last Updated: March 29, 2023, 08:13 ISTTax rebate is available for home loan interest paid before taking possession.You can claim a tax deduction of up to Rs 1.5 lakh on the principal repayment of your home loan under Section 80C of the…

India’s housing sector is witnessing probably the “biggest boom" in the last one and half decade driven by various factors such as affordability and customers aspiration to own homes, HDFC Capital Advisors Managing Director and CEO Vipul…

BoB is offering the lowered interest rates on new home loans, balance transfers and for home improvement loans. The new home loans, which begin at 8.50% annual interest rate, can be availed with easy process of documentation. Bank of…

Last Updated: February 23, 2023, 12:34 ISTBeginning on February 22, 2023, the new MCLR rates have been enforced for their customers.RBL Bank offers overnight MCLR at an interest rate of 8.95%. RBL Bank, a private lender, increased its…