Loan for personal Home at Low Intrest rate: Plan Your EMIs for Home Loan

Loan for personal Home at Low Intrest rate: Plan Your EMIs for Home Loan

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Tips for loans borrowers India

The high interest rates have been painful for borrowers and many are finding it tough to manage and repay existing loans. Commercial loan The commercial loan segment is not in the limelight but the rate hike in these accounts impacts the midsized businesses. Usually, small and medium businesses run on small margins, and therefore do not have much of a cushion to absorb the additional interest burden. During a high interest rate regime, small and medium businesses should reduce their dependence on bank loans and go for alternate funding for their business needs. Home loan The interest rates on home loans have gone up quite significantly. Although the RBI has indicated a pause on further key rate hikes, it does not mean the interest rates will start coming down in the short term. Home loan borrowers should remain in touch with their banks for special schemes to reduce the interest rate. Also, home loan borrowers should plan alternate sources of income or reduce the loa...
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Banks to review teaser home loan plans next month

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Will Home loan business increase in 2015-16

"Interest rates have been soft and real estate prices have moved up very marginally as compared to the level of increase in disposable incomes thereby making house buying more affordable," managing director of HDFC, Renu Sud Karnad, said. There is good traction for properties in the periphery regions of the four metros, she said. Indiabulls Housing Finance , too, has reported 36% growth in home loan disbursals to Rs 10,065 crore during FY15 as against Rs 7,387 crore during 2013-14. "Growth has been driven by funding houses in the Rs 25-50 lakh (range) where transaction volumes have been very robust over the last year," deputy managing director of Indiabulls Housing, Ashwini Hooda, said. In fact, the centre's push towards affordable housing is expected to boost overall home loan growth to 20-22% this fiscal, according to a recent report by ICRA. The segment had seen 17% growth in the first nine months of 2014-15 with the housing finance market crossing the ...
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