SBI announces home, auto loans at cheaper rates during festival season; other lenders likely to follow suit
Recently, SBI reduced MCLR by 15 bps due to which overall home loan interest rate is now reduced by 35 bps since April 2019.
UP Special Task Force arrests four people from Gautam Buddh Nagar district for committing bank frauds
Uttar Pradesh Special Task Force's (STF) Noida unit on Wednesday held four persons for committing bank frauds in Gautam Buddh Nagar.
Personal loan: Don’t borrow blindly; consider these factors before approaching a lender as carelessness will cost you
Getting a personal loan has become much easier than it was a couple of years ago. But along with being easily accessible, personal loans can be tricky if you don’t know them well.
If you have been procrastinating all year round about getting things done, chances are that you will get to them around Diwali
Despite an overall decline in the savings rate, the household savings rate for public sector increased marginally to 1.6 percent in FY17 from 1.5 percent in FY12 and for corporations, it fared better at 12.1 percent from 9.5 percent.
Unsecured bank loans rose four-fold between FY15 & FY18 on higher discretionary spending, lower interest rates: Crisil
Unsecured loans are the loans where individual exposures are smaller and more distributed and given without any collaterals but banks get higher margins. Typically personal loan, education loans and credit card spend fall under this category of loans
Some of the major factors which make and break a credit score are – credit history, credit balance, payment history, and recent new credits and so on.
Negotiate, negotiate, negotiate - that is the only way you can lower the interest rate on loans. But for that first you have to be a good borrower
Your home loan rate is 9.25 percent, switching to another lender for a merger 10 bsp may not reduce the total cost of borrowing.
Using data from credit information companies, the lender will pre-qualify select customers for personal loans.
A comprehensive analysis of how the tax reform will impact your investments
Individuals would be able to upload their own story, or stories of people known to them on the website www.doright.in. These stories would then be showcased across the country via social and digital media. Once the public puts in enough number of 'salaams' for a deserving person, the company would process the loan.
The entire process of availing the loan is completely paperless, and users can simply log into their bank account via net-banking or mobile banking and avail of this loan at a click, a HDFc statement said.