Home Loans Interest Rates will be increased
It is time for the home loans interest rates hike. Already leading home loans provider HDFC and ICICI has rolled back the two year fixed rates scheme. Few weeks back RBI had hiked the CRR rates by 0.75%. It reduces the liquidity in the system and tightens the monetary policy. It leads to banks revise [...]
PNB Tax Saver Fixed Deposit Scheme
Tax Savings Fixed Deposit
I have written posts about the tax savings fixed deposit and why the fixed deposit is good for the monthly income. This will be suitable when the interest rates of the fixed deposit is high. In the recent times, all the banks have reduced the fixed deposit interest rates very low and [...]
IDBI Bank cuts Home Loans Interest Rates
After the announcement from other major banks like SBI, ICICI and HDFC to reduce the home loans interest rates, now IDBI bank joined the party to reduce the home loans interest rates effective from 16th December, 2009.
It is offering 8.25 per cent fixed rate for all its new loans till March 2012. The offer is [...]
Kotak Mahindra Bank offers new home loans interest rates
Kotak Manhindra Bank announced a new home loans offer including a loan product at a fixed rate of 8.49% p.a. for 30 months (from the date of disbursement of the loan), and subsequently, the applicable floating rate for the balance term.
The applicable rate after 30 months will be the retail prime lending rate (RPLR) less [...]
SBI Reduced Term Deposit Interest Rates
SBI Reduced Term Deposit Interest Rates
SBI has reduced the term deposits interest rates effective from 9th November, 2009. The difference from the previous rates are varied from 0.25% – 0.50%.
Interest Rates for Deposits below Rs. One Crore
(% p.a.)
Tenors
Existing w.e.f. 05.10.2009 (% p.a.)
Revised w.e.f. 09.11.2009 (% p.a.)
15 days to 45 days
2.75
15 days to [...]
Mahindra Finance and Tata Motors Fixed Deposit
Introduction
In this article I am resenting a comparison char for the Mahindra Finance and Tata Motors Fixed Deposit Schemes. Many of our readers asking me about the difference between these two companies and which one is better. This article presents the chart which will give you the good idea about these two companies. If you have any [...]
Who are You?
Looking Back After One Year
We have crossed one year after starting this finance blog. It is last October when I hosted this blog with lot of fear whether I can post it regularly. Today I am happy to see the good growth of this blog and readers interest on the topic.
I love and Respect Readers
This [...]
What is Super Saver and Sweep-In Facility?
Introduction
In this article I will be writing about the one of the features Super Save and Sweep-In provided by the banks to its customers. I am writing this post with the details from HDFC bank. Also it is the response for our reader (Siva) posted in ask questions. His question is
HDFC bank offers sweep-in and [...]
Home Loans Interest Rates Reduced
Introduction
If you are looking to get the home loans to buy a new house, then its good news for you. Many of the banks already slashed their home loans interest rates to lure the customers. The offer is targeting the festive season and will be over by end of this year. If you have any [...]
Bank of Maharashtra reduces home loans interest rates
Bank of Maharastra(BoM) announces Mahabank Platinum Housing Loan Scheme for the home loans customers.
The new rates will be applicable for loans sanctioned between 16 September and 31 December, a press release issued here said.
For loans upto Rs30,00,000, the new interest rate for the first two-years will be 8%, for the third year 8.5%, for the fourth [...]
