Page 12 - Home Loan

RBI panel suggests setting up new entity to boost home loan securitisation

Securitisation is needed to widen the pool of resources available to housing finance companies

RBI mandates banks to link fresh retail loans to external benchmark

Move to cover fresh retail, MSME loans from Oct 1; home, auto loans to get cheaper

Stimulus for borrowers

The inherent belief of the powers-that-be appears to be that a new home loan is the only way to provide a fillip to economic activity

Mini Budget: FPI surcharge rolled back; no angel tax for start-ups

PSBs get Rs 70,000 crore; home, auto loans to become cheaper

Soon, get home and car loans online in 59 minutes from state-run banks

Currently, the portal gives in-principle approval for loans of up to Rs 1 crore to micro, small and medium enterprises in just 59 minutes or less than an hour

Planning to take home loan? Make sure you are on the best rate available

Many lenders nowadays waive the processing fee on home loan transfers

New deduction on affordable homes benefits loans with longer tenures

Joint owners would not be able to get the additional tax deduction due to caveats

Financial emergency? A top-up home loan is best option for raising funds

You can borrow a large amount at a low rate of interest

A snapshot of home loan rates for upto 30 years offered by various banks

Here's how the home loan rates offered by various banks stack up

Home loan queries at finance firms down 7.9% in December quarter

In the case of banks, however, home loan enquiries showed a year-on-year increase of 9.3 per cent, says report

Want to renovate home? You can claim tax benefit on a top-up home loan

This benefit is, however, available only if the borrower uses the money for home repair and renovation

RBI monetary policy: Will your home loan EMI fall due to rate cut?

New borrowers will benefit if banks cut their MCLR. Older borrowers' EMIs will change only when their reset date arrives

Planning to take a home loan? Choose a bank over housing finance company

The benchmark that banks follow is more transparent. HFCs, however, are more flexible

Planning to avail top-up loan? Here're the interest rates offered by banks

These loans require minimal paperwork as your existing lender has already scrutinised your credit profile and documents

Longer home loan tenure reduces EMI but increases interest cost

Choose your EMI and loan tenure carefully

Want to renovate home? Top-up loan offers tax deduction on interest portion

Tax benefit is available only if the funds are used for repair and renovation

A snapshot of home loans by various banks and related details

Here's how the home loans by different banks and institutes stack up

Transferring home loan balance can be tricky: All you need to know

It's not just interest rate difference that matters. There are other sundry costs, and the timing is important

Low-cost home loans face high risk of loan default; Maha tops list: Report

During the past three years, state-run lenders' share in new home loan disbursal has decreased by 10 per cent, while that of housing finance firms has risen by 12 per cent

Base rate linked with MCLR: Home loans taken before Apr 2016 may be cheaper

Home loans taken before April 1, 2016 were based on base rate, which was arbitrarily decided by banks