Loan House

16/02/2017

Coming soon budget home investment option in Navi Mumbai.

16/02/2017

SBI - Home loan interest rate 8.50 % p.a
Hdfc - Home loan interest rate 8.65 %
p.a

16/02/2017

Home loan interest rate expected to further come down after March 31st 2017

27/01/2012

GOOD NEWS :-

PEOPLE LOOKING TO BUY HOUSE IN ULWE THE PRICE HAS COME DOWN

25/01/2012

Are you looking forward to purchasing your dream car?

Well, no need to fret. You need to be salaried or self employed and have around 10/15% of the car cost needed for a down payment. If you are capable of repaying the balance amount through monthly EMI's a number of banks like ICICI, Kotak, Hdfc among others can step ahead to provide you a loan for the same. If you are neither salaried nor self employed, no sweat again. You need to get a guarantor/ co applicant who meets the income criterias and you could still drive home your dream car. Depending on your budget you have a choice of purchasing a new car or a second sale car.

25/01/2012

Home Loan : -
Home loans can be used to buy new property, 2nd sale property as well as under construction property. Banks generally provide 80% to 90% of the property value as a home loan. The balance has to be arranged as the initial down payment to the builder/ seller. One can arrange the balance from savings, securities, fixed deposits, life insurance or through a personal loan. Nowadays some builders provide fully furnished flats to enable higher loan amounts. This also reduces the cost of furnishing the house on possession.
Home loans are available from Rs.2 lakh to Rs.5 crore.

25/01/2012

Personal Loan : -

A Personal Loan is an all purpose loan. It is absolutely hassle free and you can do virtually anything under the sky with the money, as long as you pay off the instalments in time. It is an unsecured loan without guarantors, securities, hypothecation or any mortgages. Your income i.e, salary if salaried and IT Returns if self employed along with other factors such as repayment track record and bank statement amongst others are considered by the banks during loan sanction. Personal loans are available from Rs.50,000/-to Rs.20,00,000/-for a tenure of 1 year to 5 years depending on income and repaying capacity. The rule of thumb being longer the tenure higher the loan amount and lower the EMI per month.

24/01/2012

HURRY HURRY HURRY HURRY

ONE OF THE TOP PRIVATE SECTOR BANK OFFERING HOME RATE AT FOLLOWING RATES
Loan festive offer: valid till 31st jan
1 to 30 lac >10.50%
30.1 to 75 lac >10.75%
75.1 to above > 11.25%

24/01/2012

THE STEP TAKEN BY RBI TO CUT DOWN ( CRR ) BY 50 BASIS POINT WILL ONLY BRING LIQUIDITY AND BANKS WILL HAVE MORE MONEY TO LEND HOWEVER SOME BANKS HAVE SAID THAT IT MIGHT BRING THE INTEREST RATE .

24/01/2012

The Reserve Bank's decision to cut cash reserve ratio (CRR) by half a percentage point will boost the economic growth by increasing liquidity in the system and reducing cost of fund, the Finance Ministry said today.

24/01/2012

BREAKING NEWS :-

RBI CUTS CRR RATE BY 50 BASIS POINT

WHAT IS CRR :-his is the percentage of total cash deposits that all banks in India have to keep with the Reserve Bank of India (RBI).

IT WONT HAVE ANY EFFECT ON ANY OF YOUR LOANS

22/01/2012