he Federal Reserve Bank of India (RBI) issued a Master Direction on loan transfer on Friday. This new mandate put into play the need of banks and other lending entities to implement a comprehensive and board-approved policy for these transactions. Loan transfers are typically done by banks and other financial entities for the needs of […]
SBI home loans at 6.70%: Step-by-step guide and other details
The depository financial institution of India (SBI) has introduced first-of-its kind credit score linked home loans at 6.7 percent for its customers for any loan amount. SBI Chief head (CGM) Umesh Kumar Pandey informed that this drive to supply home loans at concessional interest rates are going to be completed in two phases, the bank said in its official release. The first phase are […]
HDFC announces home loans at 6.7% as festive offer
Housing Development Finance Corporation (HDFC) on September 21 said it’ll offer home loans at 6.7 percent as a part of a festive offer, joining a bunch of mortgage lenders that have cut interest rates to perk up demand. Under this special offer, customers can avail HDFC home equity credit starting at 6.70 percent effective 20th September 2021, the bank said during a release. […]