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 [...]
SBI Home Loans
Introduction
In this article I am writing about the important details about the SBI home loans. Last week I discussed with one of the SBI guy for getting the more details about the SBI home loans interest rates and other information. It is obvious that SBI provides less interest rates compare to other banks. It would [...]
Home Loans Interest Rates will be increased!!!
Introduction
In this article I am writing about the interest rates increase for the home loans in the coming months. It is expected that there will be rise in the interest rates from this year end. This article explains the reason why rates will be increased and the current situation of home loans industry. If you have any [...]
Information on Home Loans
Introduction
In this article I will be presenting the information related to Home Loans. I have published lot of useful article in this site related to home loans and tax related doubts. I thought it will be useful if one article to summarize all the articles on the home loans subject. It will be good for [...]
What is LAP?
Introduction
In this article I will be writing about the Loan Against Property(LAP), which is one of the way to get loan for cheaper price. In some situations, you can get the loans against your property like House,etc. to meet the financial needs. this article provides some basic ideas about the LAP and you can be [...]
HDFC Reduces Home Loans Interest Rates
Home Loans major HDFC bank announced that it is reducing the home loans rates by 0.50% for the Rs.30 lacs to Rs.50 lacs segment. Now they will offer the loan at 9% interest rates. This will be applicable only to the new customers.
Recently SBI has reduced the home loans rates by 0.50%-0.75% and it forces [...]
What is Reverse mortgage?
Introduction
In this article I will be writing about the reverse mortgage which is just opposite to the what we all known as the home loans and mortgage. The reverse mortgage is suitable for the retired and old people. This article will explore the purpose of reverse mortgage and advantages of it. Please post your feedback [...]
Home Loans and Income Tax Benefits – Part 2
Introduction
In this article I will be writing about the home loans and the calculation involved in the interest repayment. In my previous article titled Home Loans and Tax Benefits explains about what are the tax benefits while taking the home loans. But, it doesn’t write much about the interest repayment and the different scenarios while [...]
Different types of Home Loans
Introduction
In this article I will be writing about the different types of home loans. If you take any product in the market, there will be multiple options to the customer. In home loans aswell depending on the needs, customer can choose the type of loans whether it can be home improvement loans, home loans, etc. [...]
Documents required for Home Loans Application
Introduction
In this article I will be writing about the important documents required for applying the home loans. It is one of the important part while you apply for a loan. Without all the documents required for processing the loan, you will not be eligible to apply for home loans. It is time to understand what [...]
