OBC cuts interest rate on home loans by 0.1%

Last Updated: Tuesday, January 1, 2013, 23:17

State-owned Oriental Bank of Commerce (OBC) Tuesday reduced interest rate on home loans of up to Rs 30 lakh by 0.1 percent.

Mahindra Finance's rural arm eyes Rs 1000-cr biz this fiscal

Last Updated: Sunday, November 18, 2012, 13:00

Incorporated in 2007, Mahindra Rural Housing Finance (MRHF) offers loans for buying, renovating, extending and improving homes in rural and semi-urban markets.

Central Bank targets home-loan book at Rs 10,000 cr by March

Last Updated: Sunday, November 4, 2012, 23:54

With the huge success of 'Swapna Sankul-2012', the first realty exhibition organised here by the bank last week, Tanksale said that they intend to take the initiative forward to 100 other cities by March.

ICICI offers 1% cash back on home loan EMIs in festive scheme

Last Updated: Friday, November 2, 2012, 21:13

ICICI Bank on Friday launched a limited period offer of one percent cash back on gross EMI (equated monthly instalment) value as part of a festival scheme.

SBI halves processing charges on home, auto loans

Last Updated: Wednesday, October 17, 2012, 18:36

This offer is applicable on loans availed from October 17 to December 31, SBI said in a statement.

HUDCO revives offering indvidual home loans

Last Updated: Friday, October 12, 2012, 23:14

The government-owned Housing and Urban Development Corporation Ltd (HUDCO) has again started offering indvidual home loans at lending rates as low as 8.5 percent.

HUDCO revives offering indvidual home loans

Last Updated: Friday, October 12, 2012, 23:14

The government-owned Housing and Urban Development Corporation Ltd (HUDCO) has again started offering indvidual home loans at lending rates as low as 8.5 percent.

ICICI Bank home loans cheaper by up to 1%

Last Updated: Thursday, October 11, 2012, 21:54

The lending rate for home loans of up to Rs 30 lakh is 10.25 percent, down from 10.50 percent. For loans between Rs 30 lakh to Rs 3 crore, the floating rate of interest would be 10.50 percent against the earlier rate of 11.50 percent, the bank said in a statement.

Indiabulls inks pact with Doha Bank for NRI home loans

Last Updated: Thursday, October 4, 2012, 14:14

Indiabulls Group has entered into an agreement with Qatar's Doha Bank for offering mortgage loans to latter's NRI customers for acquiring properties in India.

Banks to provide 1% interest sop for home loan upto Rs 15 lakh

Last Updated: Tuesday, September 18, 2012, 23:12

Reserve Bank Tuesday asked banks to provide one percent interest subsidy to home loans of up to Rs 15 lakh as announced by the government.

IDBI Bank, OBC cut interest rate on home loans by 0.25%

Last Updated: Thursday, September 6, 2012, 22:08

Several other banks including State Bank of India, Corporation Bank, Dena Bank and Indian Bank too had recently reduced interest rates on home loans.

Axis offers last 12 EMIs waiver in home loans with 20 yr tenor

Last Updated: Wednesday, September 5, 2012, 22:14

The new product, available to new customers, offers to waive 12 EMIs or equated monthly instalments for those borrowers with a 15-year or more tenure and if he/she pays the EMIs on time.