A home loan is a secured loan provided by banks, housing finance companies, and NBFCs to help individuals buy, construct, or renovate a home. The loan amount is disbursed against the property as collateral … READ FULL STORY
HDFC hikes rates by 25 basis points Days after the RBI increased the repo rate by 50 basis points to bring it at 5.40%, HDFC has announced a 25-basis-point increase in its retail prime … READ FULL STORY
A house loan is frequently a very substantial sum of money that you borrow from the bank in order to purchase a property. Banks and NBFCs provide house loans to assist consumers in achieving … READ FULL STORY
Public lender Punjab National Bank (PNB) has increased its repo rate-linked home loan interest rate to 7.90% from the previous 7.40%, with effect from August 8, 2022. The announcement by the New-Delhi-based lender was … READ FULL STORY
HDFC home loan interest certificate HDFC home loan interest certificate is a document that shows details about the total interest you have paid on the HDFC home loan in a financial year (April to … READ FULL STORY
Buy or rent? Arriving at the ‘right’ decision about whether you should buy or rent a property depends on two dominant factors. Before jumping to any hasty decision, let us take a look … READ FULL STORY
Effective July 11, 2022, Union Bank of India has increased its repo rate-linked home loan rate to 7.70%. The public lender joins the league of financial institutions that have increased home loan interest rates … READ FULL STORY
With the help of housing finance, you can own a property quite early in your life. However, there are several myths associated with home loans in India. Anyone planning to take a home loan … READ FULL STORY
If you are a prospective home buyer, you would be familiar with the feeling of excitement, as well as indecision, especially when deciding on matters pertaining to home loans. To-be home owners are always … READ FULL STORY
Loans are a potent financial instrument that enable people to buy their dream homes, by focusing on their future earning capacity. As the size of home loan are usually very big, borrowers require a … READ FULL STORY
Joining the league of housing finance companies and banks that have increased their lending rates after the Jun 8, 2022, repo rate hike by the RBI, LIC Housing Finance has said it would now … READ FULL STORY
Home loans are secured loans obtained to purchase real estate by pledging the property as collateral. With home loans, you can secure high-value funding at an affordable interest rate and for a long period … READ FULL STORY
Your CIBIL score plays a crucial role in determining whether or not a bank will give you a loan. Your CIBIL score will also be a decisive factor in the bank offering you its … READ FULL STORY
