If home loan rates are any indicator, now is probably the best time to buy a house in India. Home loan interest rates are at their lowest in 15 years, with some lenders offering home loans at less than 7%. Factoring in the tax benefits on interest paid, the effective cost of borrowing in higher […]
Month: March 2021
Thane Police Warn Against Fraudulent Online Instant Loan Apps
Thane: The Thane Police Tuesday warned citizens against several loan applications available on google Play at the store and urged them to be careful when registering. In a notice published by the Thane Police Department officials have informed that in recent times several apps have appeared in app stores, which claim to provide loans to […]
Get Instant Digital Home Loan Sanction Letter with Bajaj Housing Finan – The New Indian Express
Applying for a home loan has long been tedious, but advancements in FinTech are rapidly transforming the way we apply and use these loans. Of all the steps in the loan application process, obtaining the sanction letter is the most crucial as it finalizes the maximum loan amount and other key details. Technology has shortened […]
27 more bogus loan apps banned by the government – Trak.in – Indian Business of Tech, Mobile & Startups
Government banned 27 undisclosed digital lending apps in light of multiple cases of conduct violation The Department of Electronics and Information Technology (MeitY) banned 27 undisclosed digital lending / lending applications after receiving a request from the Home Office for the same. The ban was carried out under section 69A of the Information Technology Act […]
Hyderabad cops arrest one more
Hyderabad: Another person was arrested Thursday by Hyderabad Cybercrime Police in connection with the instant online loan fraud case. So far, 21 people, including a Chinese national, Zhu Wei alias Lambo, have been arrested in the case. The person arrested on Thursday was identified as Chinnabba Rajashekar (27) from Mahadevpura in Bangalore, who is the […]
Five Practical Tips to Reduce the Burden of Home Loan EMIs
The mortgage is an essential solution to buy the house of your dreams. Relatively low interest rates, longer terms and attractive offers make it a popular vehicle for financing your home purchase. But when it comes to paying off your home loan, you have to be smart about your monthly outlay for the loan. If […]
ICICI Bank lowers mortgage rate to 6.7%
Like most banks, home loan interest rates at ICICI Bank vary based on various parameters such as office ratings, customer profile, and customer segments, among others. Amid a rate war in the home loan sector, private sector lender ICICI Bank on Friday announced an interest rate cut to 6.7% for loans up to Rs 75 […]
ICICI Bank cuts interest rate on home loans to 6.70%
The revised interest rate will be the lowest in 10 years by the bank and will be effective from March 5 itself. ICICI Bank has reduced its interest rate on home loans to 6.70%. The revised interest rate will be the lowest in 10 years by the bank and will be effective from March 5 […]