Tag: home loans

The repo rate has remained completely unchanged so far at 6.5% since February 2023
Posted in Business

Home loan customers may have to wait as much till December for an EMI cut as RBI keeps rates unchanged

Looking forward to a cut in your home loan EMIs? You may have to wait till much later this year since Reserve Bank of India…

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Banks will consider consumption or spending patterns of individuals while making their credit assessment (iStock/Hindustan Times Archive)
Posted in Business

Banks may soon use details from your digital footprint to give home loans, here’s how

Jul 27, 2024 12:47 PM IST Banks are working on a new framework to give home loans using a person’s spending patterns, mirroring the policy…

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LIC Housing vs HDFC Vs PNB housing: Who is offering best interest rates on home loans?
Posted in Finance

LIC Housing vs HDFC Vs PNB housing: Who is offering best interest rates on home loans?

Several banks have raised their home loan lending rates immediately after the Reserve Bank of India (RBI) had hiked the repo rate by 25 basis…

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home loan prepayment charge: Home loan FAQs: Interest calculation to repayment period, home loan prepayment charge
Posted in Finance

home loan prepayment charge: Home loan FAQs: Interest calculation to repayment period, home loan prepayment charge

If you are a new home loan borrower, or planning to borrow you must know that interest rates are at a higher level compared to…

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