Plan Your Investment

This post is to publish the latest home loans interest rate offered by the Banks in India. Here I am not posting all the banks, but only the best or lowest interest rates offered by the banks. Note that these interest rates are frequently revised by the Banks, what I am posting here is the [...]

In the last week, ICICI bank has launched a limited period offer for the new home loan customers. The offer is 1% cash back on the EMI paid by them during the entire tenure. The offer is valid till 31st December, 2012. This initiative is taken by ICICI bank to lure more customers to take [...]

In the last week, I have posted an article about the home loans interest rates and I have pointed out the reason why the home loans interest rates would go down in the near term. I expected that this would possible go down only when RBI is reducing the key interest rates related to the [...]

Last year has been not very good year for the home buyers. Because of the high interest rates for the home loans and high inflation rates. It is negatively impacted the real estate companies with less sales compere to the previous years. It is not only that home loans interest rates are high, all the [...]

In my earlier posts I have informed the readers that the deregulation of the savings banks account is in the progress. The intention of setting the savings bank interest rates by the banks itself would intensify the competition among the banks and the interest rates would go up. It will be beneficial to the customers. [...]

State Bank of India (SBI) has increased the interest rates for  its key benchmark rates of loans and fixed deposit investments. The changes will be effective from today (July 11, 2011) onwards. Prior to this hike, SBI has changed its key rates on May 2011. The changes on interest rates are impact of the RBIs [...]

If you are a home buyer in the last couple of years and paying the EMI amount, you would have noticed that the interest rates gone up several times and the EMI burden would have increased. At the time of buying the house, the interest rates are cheap and bought the house with low EMI, [...]

Home Loans interest rates are shooting up to the top. RBI has increased its important rates several time within last year. It results in all the banks increasing the home loans interest rates sharply and making the big hole on house owners budget. That too who bought the house within past five years would have [...]

ICICI has decided to increase its benchmark lending rates by 25 basis points. This change will be effective from July 4, 2011. The revised base rate and Benchmark Prime Lending Rate (BPLR) will be 9.50% and 9.2%. The bank also increased the floating reference rate (FRR) to 15.25%. Bank said the rates changes will not [...]

In this article I will be writing about the RBI’s actions on few key interest rates changes and the impact on the rate hikes. Last month RBI has increased the CRR rates by 75 points. After that within a month, last friday RBI has announced the immediate rate hikes on the key rates repo and [...]