PNB waives processing fee on housing, car loans till Dec

Last Updated: Monday, May 25, 2015, 21:49

Punjab National Bank (PNB) has launched monsoon bonanza offer in which the bank is offering full waiver of upfront or processing fees and documentation charges on all housing and car loans.

Home prices hit roof, but affordability near its best: HDFC

Last Updated: Sunday, May 17, 2015, 13:48

Housing prices have risen to record high levels, but increase in disposable income of the homebuyers has made the purchase of a house most affordable in over a decade, according to mortgage giant HDFC Ltd.

Dewan Housing Finance Q4 net up 14.8% at Rs 162.28 cr

Last Updated: Wednesday, April 29, 2015, 16:03

The company's total income in the fourth quarter of last fiscal rose to Rs 1,582.47 crore, from Rs 1,417 crore in the year-ago period.

RBI rate cut good for business, will boost demand: Revenue Secretary

Last Updated: Wednesday, March 4, 2015, 13:34

RBI's decision to cut interest rate augurs well for business and will prompt people to go in for housing and consumer loans which will boost demand and growth, Revenue Secretary Shantikanta Das said Wednesday.

Salaried real estate investors in mess as loan cost pinches

Last Updated: Sunday, September 22, 2013, 15:44

People who had invested in properties some 10-15 years ago are now finding it difficult to service their home loans which have become too expensive now due to the rising interest rates and falling rental yields.

Lower provision for commercial residential housing loans: RBI

Last Updated: Friday, June 21, 2013, 23:11

Besides, RBI has carved out the residential housing projects under the commercial real estate as a sub-category of the commercial real estate sector.

Budget 2013-14: PwC for raising cap on interest payments on housing loans

Last Updated: Wednesday, February 13, 2013, 20:07

Consultancy firm PwC on Wednesday demanded increasing the cap on interest payments on housing loans and medical expenses for the purpose of tax benefits in the upcoming Budget.

Budget 2013-14: PwC for raising cap on interest payments on housing loans

Last Updated: Wednesday, February 13, 2013, 20:07

Consultancy firm PwC on Wednesday demanded increasing the cap on interest payments on housing loans and medical expenses for the purpose of tax benefits in the upcoming Budget.

Central Bank in pact with Tata Housing for loan to pensioners

Last Updated: Wednesday, February 22, 2012, 21:48

State-run Central Bank of India Wednesday signed an agreement with Tata Housing to offer a special home loan product exclusively designed for pensioners.

Govt may enhance tax deduction for home loans in Budget

Last Updated: Sunday, February 12, 2012, 15:49

In a bid to boost housing sector credit, the government is contemplating to enhance income tax exemption for up to Rs 3 lakh paid as interest on housing loans in a year, from the existing limit of Rs 1.5 lakh.

Punjab & Sind Bank abolishes prepayment fines on housing loans

Last Updated: Wednesday, February 8, 2012, 23:22

State Bank of India, ICICI Bank and Central Bank of India abolished pre-payment penalty last year.

SBI abolishes penalty on pre-payment of housing loans

Last Updated: Thursday, November 24, 2011, 15:46

Country's largest lender State Bank of India (SBI) has decided to abolish pre-payment charges on home loans, giving some succour to borrowers who want to foreclose their accounts.