Dena Bank, a leading public sector lending institution, has brought down home loan interest rates by 0.25 percent for new borrowers. Alongside, it also reduced interest rates on new auto loans by 0.5 percent.
Posted By: Kaisar
ICICI Bank Reduces Home Loan Rates
ICICI Bank, a leading private sector lender of the nation, has announced a reduction in its home loan interest rates by 25-50 basis points. The home loans under revised rate would be available for new borrowers with immediate effect.
Posted By: Kaisar
Canara Bank Introduces New Home Loan Scheme
Canara Bank has introduced a new home loan scheme, which has provision for fixed as well as floating interest rates. The scheme aims at clearing uncertainties regarding payment of EMI during the whole life of the loan. SBI and several other banks have recently revised their home loan interest rate by freezing the rate for the first year only.
Posted By: Kaisar
IDBI Bank Slashes Home Loan Rates
Taking a cue from the leading public sector banks, such as SBI and Central Bank of India, IDBI Bank cut home loan rates and deposit rates for new customers on Tuesday. The new interest rates are effective from Wednesday.
Posted By: Kaisar
Union Bank of India Cuts Home Loan Rates
Initiated by State Bank of India, the nation's largest lender, and closely followed by Central Bank of India, another public sector giant, Union Bank of India today reduced its interest rate on home loans as well as car loans.
Posted By: Kaisar
SBI Introduces Interest Subvention Scheme to Increase Home Sales
State Bank of India, the coutry's largest lending agency, has come up with a new scheme that is expected to give a much needed fillip to real estate sector and increase sales of homes.
Posted By: Kaisar
Banks stiffen Loan Regulations for Real Estate Projects
Banks have stiffened their regulations for giving out loans to real estate sector following a fall in the prices of all kinds of properties and subsequent revaluation of the construction projects.
Posted By: Kaisar
SBI's Low Interest Rates for Home Loan Not a Threat to HDFC: Analysts
SBI's step to freeze home loans at 8 percent for one year will have no impact on the market leader HDFC, which still offers lower overall interest
Posted By: Kaisar
Central Bank announced 8 percent interest on home loans
Central Bank of India has announced to freeze the rates of interest for new home loans at eight percent for
Posted By: Kaisar
