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 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 [...]
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 [...]
Education Loans will be cheaper from next year
Education loans above Rs.4 lacs will have the low interest rate compare to the present interest rates in the market. RBI is working with the few of the major indian banks to reduce the interest rates for the education loans.
It is recommending the banks to reduce the benchmark prime lending rate (BPLR) with a base [...]
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 [...]
SBI cuts deposit rates effect from October 5,2009
India’s largest bank SBI has announced that they are reducing the interest rates on all their domestic fixed deposit schemes by 0.25%. This is with effective from October 5, 2009.
“We have brought down term deposit rates gradually. Going forward, this will marginally improve our net interest margin. We have not taken a call on reducing [...]
SBI reduced interest rates for 1000 days deposit
The country’s largest PSU lender, State Bank of India, on Saturday reduced interest rate for deposits having 1,000-day tenure by 0.25 per cent to 7 per cent. The new rate will be effective from September 8, the bank said in a release issued in Mumbai on Saturday. Interest rates for deposits for all other tenures remain [...]
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 [...]
SBI’s Fixed Deposit Interest Rates (2009)
Introduction
India’s largest bank SBI reduced its fixed deposit interest rates. If you are an investor, nowadays parking the money in FD is not an good option because of the low interest rates.
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In the recent days many of the banks started reducing the interest rates on the fixed deposit schemes. This article [...]
SBI cuts home loan rates for first 3 years
State Bank of India has launched two special home loan schemes that assure low interest rates in the first three years, upping the ante for its rivals in the mortgage market that has turned bullish following a pick-up in home sales in May.
SBI Easy Loan for amounts up to Rs 30 lakh and SBI Advantage [...]
