Home Loan Interest at All-Time Low: Cheapest Rates from SBI, Kotak Mahindra, Others
3 years, 3 months ago

Home Loan Interest at All-Time Low: Cheapest Rates from SBI, Kotak Mahindra, Others

News 18  

Despite the changes and revisions that banks and other private-sector lenders are rolling out for customers ahead of the festive season, many borrowers continue to be tied to their old loans which in turn is tied to the Base Rate or Marginal Cost of fund-based Lending Rates. As it stands, the bank offers its customers a home loan interest rate of 6.50 per cent per annum on both Fresh Home Loans and Balance Transfer Loans. Punjab & Sind Bank Similar to Kotak Mahindra Bank, the Punjab and Sind Bank offers its customers a home loan interest rate of 6.65 per cent onwards for a tenure of 40 years. Bank of Baroda The Bank of Baroda is also giving its customers a similar home loan interest rate that comes to 6.75 per cent for a Rs 75-lakh home loan with a tenure of 20 years. Bajaj Finserv Bank This public sector lender is offering customers a home loan that comes with an interest rate that starts at a comfortable 6.8 per cent.

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History of this topic

Experts ask RBI to cut interest rate to revive real estate market, ease home loan burden
2 weeks, 4 days ago

Experts ask RBI to cut interest rate to revive real estate market, ease home loan burden

Live Mint  

With the Reserve Bank of India keeping its key interest rate unchanged, real estate experts and developers have stressed the need to lower the rate, citing the need to stimulate sluggish sales and ease the growing burden of borrowing costs. “At this point, a rate cut would be more beneficial for consumers," said Shishir Baijal, chairman and managing director of …

Best personal loan rates for November 2024: Check the latest interest rates here
1 month ago

Best personal loan rates for November 2024: Check the latest interest rates here

Live Mint  

Have you been planning to raise a personal loan lately? These are some of the interest rate charged by banks on personal loans: SBI: The largest state lender charges a rate that varies between 12.60 per cent to 14.60 percent, and between 11.45 percent to 11.95 percent for those who hold a salary account in the SBI. Bank Interest rates …

Home Loan Interest Rates Comparison: SBI, PNB, ICICI Bank & HDFC Bank, Check Details Here
4 months, 1 week ago

Home Loan Interest Rates Comparison: SBI, PNB, ICICI Bank & HDFC Bank, Check Details Here

News 18  

Home Loan Interest Rate Comparison 2024: Navigating the home loan market can be challenging, especially with interest rates that can fluctuate and significantly affect your long-term financial plans. Home Loan Interest Rate Comparison Below is the list of floating interest rates of various banks; SBI Home Loan Interest Rates The State Bank of India offers multiple options for home loans. …

Bank of India Slashes Home Loan Rates By 15 Bps To 8.3% Until March 31
9 months ago

Bank of India Slashes Home Loan Rates By 15 Bps To 8.3% Until March 31

ABP News  

The Bank of India, a public sector lender, announced on Tuesday a notable adjustment in its new home loan interest rates, reducing them from 8.45 per cent to 8.3 per cent. Bank of India proudly asserted that at the reduced rate of 8.3 per cent, it stands as the institution offering the lowest rate among its counterparts in the industry. …

SBI, Bank of Baroda, Kotak Mahindra among 7 banks that hiked fixed deposit rates
11 months, 3 weeks ago

SBI, Bank of Baroda, Kotak Mahindra among 7 banks that hiked fixed deposit rates

Live Mint  

Several banks in India have hiked interest rates on fixed deposits in December 2023, including Bank of Baroda, State Bank of India, Union Bank of India, DCB Bank, Kotak Mahindra Bank, Federal Bank, and Bank of India. The Reserve Bank of India maintains the key repo rate at 6.5 per cent for the fifth consecutive time in the December 8 …

Kotak Mahindra Bank hikes fixed deposit rates. Check latest FD rates here
1 year, 1 month ago

Kotak Mahindra Bank hikes fixed deposit rates. Check latest FD rates here

Live Mint  

Kotak Mahindra Bank has hiked the interest rate on fixed deposits. After the latest revision, Kotak Bank is offering an interest rate of 2.75% to 7.25% for general customers on deposits maturing in seven days to ten years. For FDs maturing in 7 to 14 days, 15 to 30 days, 31 to 45, 46 to 90 days, and 91 to …

Kotak Personal Loan: High Amount, Low Interest, Long Tenure
1 year, 1 month ago

Kotak Personal Loan: High Amount, Low Interest, Long Tenure

India TV News  

For young professionals, aspirations know no bounds. In this comprehensive guide, we'll explore Kotak's high-value personal loans, their attractive features, eligibility criteria, and how to expedite your loan approval. Features of Kotak Loans Zero Collateral Kotak Personal Loans are unsecured, meaning you don't need to risk your assets, like your car or home, to secure the loan. Loan Amounts up …

Kotak Mahindra Bank hikes lending rates. Loan EMIs to increase further
1 year, 9 months ago

Kotak Mahindra Bank hikes lending rates. Loan EMIs to increase further

Live Mint  

Kotak Mahindra Bank has increased its lending rates by 5 basis points across tenures. The bank has set the rate for one, two, and three year tenure at 9.05%, 9.10%, and 9.25% The Marginal Cost of Funds based Lending Rate with effect from Mar 16, 2023 for various tenors Overnight - 8.25% One Month -8.50% Three Month -8.65% Six Month …

Which bank provides the most affordable home loans? Check out rates from SBI, HDFC, PNB, BoB
1 year, 10 months ago

Which bank provides the most affordable home loans? Check out rates from SBI, HDFC, PNB, BoB

India TV News  

Home Loan Rates: The Reserve Bank of India decided to raise the Repo Rate by 25 basis points on February 8, prompting many banks to raise interest rates on personal, car, and home loans. If you intend to take out a home loan during this time, you must be fully aware of the interest rates and processing fees charged by …

Kotak Mahindra Bank hikes lending rate by 5 bp across tenure. Check details
1 year, 10 months ago

Kotak Mahindra Bank hikes lending rate by 5 bp across tenure. Check details

Live Mint  

Following RBI's hike in benchmark policy rates, Kotak Mahindra Bank has increased its lending rates by 5 basis points across tenures. Notably, Kotak Mahindra Bank has joined the list of commercial banks who have increased their lending rates after the rise in RBI's repo rate. In addition to Kotak Mahindra Bank, several other commercial banks have also raised their lending …

SBI’s home loan interest rates change from today, benchmark lending rates up
1 year, 10 months ago

SBI’s home loan interest rates change from today, benchmark lending rates up

Live Mint  

Home loan interest rates at the State Bank of India have changed from Wednesday onward as the lender hiked lending rates of key benchmarks. Latest SBI home loan rates: Regular Home loan, Flexipay, NRI, Non-Salaried, Privilege, APON Ghar: Under the campaign offer, SBI is giving a concession of 30 bps to 40 bps to borrowers with a credit score from …

Kotak Mahindra Bank Hikes Interest Rates On Recurring Deposits By Up To 75 bps; Details Here
1 year, 11 months ago

Kotak Mahindra Bank Hikes Interest Rates On Recurring Deposits By Up To 75 bps; Details Here

News 18  

Even as the interest rates in India is on the higher side and still rising, banks are also passing on the high interest rate regime effect to people. After the latest revision, Kotak Mahindra Bank is now offering an interest rate of 7 per cent per annum on recurring deposits on tenures between 15 months and 21 months. Kotak Mahindra …

Kotak Mahindra Bank revises fixed deposit interest rates; check latest rates here
2 years, 2 months ago

Kotak Mahindra Bank revises fixed deposit interest rates; check latest rates here

Firstpost  

As per Kotak Mahindra Bank’s website, you can open a fixed deposit with a minimum of Rs 5,000. Furthermore, for FDs with tenure below 181 days, the interest will be calculate as simple interest Kotak Mahindra Bank has revised its interest rate for fixed deposits, bringing some festive cheer to account holders. For terms over 181 days, a penalty amounting …

Kotak Mahindra Bank FD Interest Rates Hiked for These Tenors: Check Latest Rates Here
2 years, 5 months ago

Kotak Mahindra Bank FD Interest Rates Hiked for These Tenors: Check Latest Rates Here

News 18  

Kotak Mahindra Bank FD Interest Rates: Leading private sector lender Kotak Mahindra Bank has hiked its fixed deposit interest rates recently. The Kotak Mahindra Bank FD interest rate hike comes within a month after the RBI increased its repo rates by 50 basis points during its monetary policy committee meet held in June. The bank, in its announcement, has said …

SBI Raises Minimum Home Loan Rate To 7.55%; Know Latest Lending, Deposit Rates
2 years, 6 months ago

SBI Raises Minimum Home Loan Rate To 7.55%; Know Latest Lending, Deposit Rates

News 18  

With India’s largest lender State Bank of India hiking its marginal cost of funds-based lending rate effective June 15, the minimum home loan interest rate has also been revised upwards. Here’s the latest home loan rates of SBI: The lowest interest rate on home loans that SBI is now offering to borrowers is 7.55 per cent per annum. SBI has …

Savings Accounts Update: These 2 Banks Hike Interest Rates Recently; Check Here
2 years, 6 months ago

Savings Accounts Update: These 2 Banks Hike Interest Rates Recently; Check Here

News 18  

Bank Savings Account Rate Hike: The Reserve Bank of India, or RBI, has again hiked its repo rate by 50 basis points during its bi monthly Monetary Policy Committee meet held last week. Kotak Mahindra Bank Savings Account Interest Rate Hike “Kotak Mahindra Bank Limited today announced a rise in savings account interest rate as well as fixed deposit interest …

Kotak Mahindra Bank Hikes Interest Rates on FD, Savings Account; More Return For Investors
2 years, 6 months ago

Kotak Mahindra Bank Hikes Interest Rates on FD, Savings Account; More Return For Investors

News 18  

Kotak Mahindra Bank Rate Hike: Taking cue from the Reserve Bank of India, which further increased its repo rates by 50 basis points earlier this week, private sector lender Kotak Mahindra Bank also hiked savings account interest rate as well as fixed deposit interest rates across various tenors. “Kotak Mahindra Bank Limited today announced a rise in savings account interest …

Home Loan: HDFC, SBI, Kotak, Union Bank; Know Who Offers Cheapest Interest Rate
2 years, 6 months ago

Home Loan: HDFC, SBI, Kotak, Union Bank; Know Who Offers Cheapest Interest Rate

News 18  

As the real estate market in India is witnessing an uptick in the activity which is being reflected in the housing sales and registration of properties, home loans are what homebuyers look at for finances while buying a new residential unit. Here’re the interest rates offered by various lenders, including HDFC, State Bank of India, Union Bank of India and …

Kotak Mahindra Bank, ICICI Bank, Bandhan Bank, Others Hike FD Interest Rates; Check Here
2 years, 7 months ago

Kotak Mahindra Bank, ICICI Bank, Bandhan Bank, Others Hike FD Interest Rates; Check Here

News 18  

As soon as the Reserve Bank of India hiked its key interest rates two days back, a host of banks rushed in to hike their fixed deposit interest rates. At least five banks, including ICICI Bank, Kotak Mahindra Bank, Bandhan Bank, bank of Baroda and Jana Small Finance Bank have hiked their fixed deposit interest rates following a 40 basis …

Bank of Baroda Home Loan Interest Rates Reduced, But There is a Catch; Details Here
2 years, 8 months ago

Bank of Baroda Home Loan Interest Rates Reduced, But There is a Catch; Details Here

News 18  

Bank of Baroda Home Loan: Public sector lender Bank of Baroda has cut down the interest rates of its home loans, the bank said on Friday, April 22. As per the new provisions, the bank has reduced its home loan interest rates by 25 basis points, or to 6.50 per cent per annum from the earlier 6.75 per cent per …

SBI Hikes MCLR Across All Tenors: Home Loan, Car Loan EMIs May Go Up; Check Details
2 years, 8 months ago

SBI Hikes MCLR Across All Tenors: Home Loan, Car Loan EMIs May Go Up; Check Details

News 18  

India’s largest public sector lender State Bank of India has hiked its marginal cost of lending rate, the bank has said in a notification. This means that loan interests will increase by 0.10 per cent with the SBI MCLR hike. Here are the tenor-wise MCLR effective from April 15, 2022, as per SBI website: Over night: Existing rate — 6.65 …

Kotak Mahindra Bank Hikes Fixed Deposit Interest Rates for These Accounts; Know Details
2 years, 8 months ago

Kotak Mahindra Bank Hikes Fixed Deposit Interest Rates for These Accounts; Know Details

News 18  

Kotak Mahindra Bank Fixed Deposits Rate: Leading private lender Kotak Mahindra Bank has once again hiked the interest rates on fixed deposits of different tenures. These fixed deposits will earn an interest at the rates of 4.50 per cent an 4.75 per cent respectively. The bank will now offer an interest rate of 5.50 per cent up from 5.45 per …

Kotak Mahindra Bank Revises Fixed Deposit Rates. Check Latest FD Rates
2 years, 11 months ago

Kotak Mahindra Bank Revises Fixed Deposit Rates. Check Latest FD Rates

News 18  

Kotak Mahindra Bank FD Rates: Private lender Kotak Mahindra Bank has changed its interest rates on fixed deposits recently. The repo rates have been kept stable at 4 per cent in view of the Covid-19 pandemic and the emergence of the Omicron variant in India. As per the private lender’s website, with effect from January 6, 2022, the Kotak Mahindra …

Car Loan Festive Offer: Good news! All these banks, including SBI-PNB and HDFC, are offering cheap car loans, check how much your EMI
3 years, 2 months ago

Car Loan Festive Offer: Good news! All these banks, including SBI-PNB and HDFC, are offering cheap car loans, check how much your EMI

ABP News  

New Delhi: If you are planning to buy a new vehicle during the festive season this news may interest you. Several government and private banks including SBI, Bank of India, Bank of Baroda, Punjab National Bank, and HDFC are offering car loans at lower rates. SBI, the country's largest state-owned bank, is currently offering car loans to its customers at …

Bank of India Cut Interest Rates on Home Loans, Auto Loans till Year-end. Details Here
3 years, 2 months ago

Bank of India Cut Interest Rates on Home Loans, Auto Loans till Year-end. Details Here

News 18  

The Bank of India has cut the interest rate on home and auto loans for its customers this festive season. The public sector bank has cut the interest rate on home loans by 0.35 percent and on vehicle loans by 0.50 percent. According to an official statement of the bank, the new interest rate for a home loan from the …

Axis Bank, Kotak Mahindra revise fixed deposit rates. Check latest FD rates here
3 years, 3 months ago

Axis Bank, Kotak Mahindra revise fixed deposit rates. Check latest FD rates here

Live Mint  

Private sector lenders Axis Bank and Kotak Mahindra Bank have revised interest rates on fixed deposits. After the latest revision on deposits less than 2 crores, Axis Bank is offering an interest rate of 2.50% on FDs with maturity between 7 days and 29 days, 3% for FDs maturing between 30 days and less than 3 months, 3.5% for FDs …

SBI Cuts Home Loan Interest Rate to 6.7% for Any Amount, Zero Processing Fee. Know More
3 years, 3 months ago

SBI Cuts Home Loan Interest Rate to 6.7% for Any Amount, Zero Processing Fee. Know More

News 18  

State Bank of India on Thursday has reduced the home loan interest rates to 6.7 per cent for any loan amount. Explaining how this first-of-its-kind initiative will benefit the home buyers, SBI said that a buyer needs to pay an interest of 7.15 per cent for availing a home loan of Rs 75 lakh. On how it will benefit the …

Home Loan at All-Time Low: Kotak Mahindra Bank Reduces Interest Rates, Check Here
3 years, 3 months ago

Home Loan at All-Time Low: Kotak Mahindra Bank Reduces Interest Rates, Check Here

News 18  

Bringing good news for home loan seekers in the upcoming festive season, Kotak Mahindra Bank has slashed its home loan interest rate by 15 basis points, bringing it down to 6.50% p.a. According to BloombergQuint, Kotak Mahindra Bank’s president for consumer assets, Ambuj Chandna confirmed that these lowered interest rates will be offered to loans of all sizes. However, this …

Punjab National Bank Cuts Interest Rates on Savings Accounts, Details Here
3 years, 3 months ago

Punjab National Bank Cuts Interest Rates on Savings Accounts, Details Here

News 18  

Punjab National Bank had recently put into effect its revised interest rates on its Domestic and NRI Savings Accounts. Following the revision, the latest interest rate stood at 2.90 per cent per annum which is applicable to both the Domestic Savings Account as well as the NRI Savings Account. Similarly, for the Saving Fund Account Balance of Rs 100 crore …

Kotak Mahindra Bank Q1 Results: Net Profit Rises 32% to Rs 1,641 Crore
3 years, 4 months ago

Kotak Mahindra Bank Q1 Results: Net Profit Rises 32% to Rs 1,641 Crore

News 18  

New Delhi: Private lender Kotak Mahindra Bank on Monday reported a nearly 32 per cent jump in its net profit to Rs 1,641.92 crore in the first quarter of 2021-22. The bank had posted a net profit of Rs 1,244.45 crore in the same quarter of the previous fiscal year. Total income during April-June 2021-22 rose to Rs 8,062.81 crore, …

Check which lenders offer best rates on loan against property
3 years, 6 months ago

Check which lenders offer best rates on loan against property

Live Mint  

Many consumers opt for a mortgage loan when they need funds. Though Bank of Baroda is among lenders that offer better rates, the maximum interest rate it charges is also high. For example, the Bank of Baroda charges a maximum processing fee of ₹1.5 lakh, the State Bank of India and Canara Bank charge a maximum of ₹50,000. Bank of …

Punjab National Bank Reduces MCLR In Big Relief To Customers
3 years, 6 months ago

Punjab National Bank Reduces MCLR In Big Relief To Customers

News 18  

The state-run Punjab National Bank has reduced the one-year marginal cost of funds-based lending rate by 0.05 percent to 7.30 percent, providing a big relief to its customers. PNB has also asked its customers to get a new checkbook by June 30 as it will be the last day to use the old one. This is a result of the …

SBI Reduces Home Loan Interest Rates. Check the Latest Rates
3 years, 7 months ago

SBI Reduces Home Loan Interest Rates. Check the Latest Rates

News 18  

State Bank of India on Saturday announced that it has slashed its home loan interest rates. Those who apply for home loans above Rs 75 lakh, will get a interest rate of 7.05%, the bank mentioned. Further, women borrower are eligible for a special concession of 5 bps on home loan interest rates. The affordability for the consumer increases immensely …

Looking for Home Loan of Rs 30 Lakh? Check Interest Rates and EMI of these 10 Banks
3 years, 8 months ago

Looking for Home Loan of Rs 30 Lakh? Check Interest Rates and EMI of these 10 Banks

News 18  

The State Bank of India has revised its home loan rates, hiking them by 25 basis points or 0.25% to 6.95% from 6.70% earlier. The bank will also impose a consolidated processing fee. Here’s the EMI and processing fees that you will have to pay while taking loan of Rs 30 lakhs for 20 years from other banks: Kotak Mahindra …

Home loan rates compared: What SBI, ICICI Bank, HDFC, Kotak Mahindra Bank offer
3 years, 9 months ago

Home loan rates compared: What SBI, ICICI Bank, HDFC, Kotak Mahindra Bank offer

Live Mint  

Buying your own home is a dream of every salaried class person in India. Amid the ongoing coronavirus pandemic, several top lenders including the State Bank of India have lowered the interest rates on home loans in a bid to attract customers. ICICI Bank home loan interest rates ICICI Bank has reduced the home loan interest rate to 6.70%. HDFC …

ICICI Bank Slashes Home Loan Rates to 10 Year Low at 6.70%; All You Need to Know
3 years, 9 months ago

ICICI Bank Slashes Home Loan Rates to 10 Year Low at 6.70%; All You Need to Know

News 18  

ICICI Bank on Friday announced that it has reduced the home loan interest rate to 6.70 per cent. We believe that this is an opportune time for an individual to buy his/her dream home, considering the prevailing low-interest rates,” said Ravi Narayanan, Head- Secured Assets, ICICI Bank. Last week, banks including the country’s biggest lender State Bank of India, Kotak …

What are the Home Loan Interest Rates of ICICI, HDFC, SBI, Kotak Mahindra Bank, PNB: Know Details
3 years, 9 months ago

What are the Home Loan Interest Rates of ICICI, HDFC, SBI, Kotak Mahindra Bank, PNB: Know Details

News 18  

If you are planning to buy a home and need a loan, this looks like a great opportunity. The country’s largest lender State Bank of India, HDFC Bank and Kotak Mahindra Bank slashed their home loan rates. Citing this, several banks have further reduced their home loan interest rates to increase their footprint in the segment. The report also mentioned …

ICICI Bank cuts home loan rates. Details here
3 years, 9 months ago

ICICI Bank cuts home loan rates. Details here

Live Mint  

ICICI Bank today announced that it has reduced the home loan interest rate to 6.70%. We believe that with our completely digitised home loan process including instant sanction for customers of any bank, everybody will find it immensely convenient to avail a home loan with us.” In November 2020, ICICI Bank became the first private sector bank in the country …

Cheapest home loan interest rates: SBI vs Kotak Mahindra Bank vs HDFC
3 years, 9 months ago

Cheapest home loan interest rates: SBI vs Kotak Mahindra Bank vs HDFC

Live Mint  

Cheaper home loans have helped people to buy their dream homes. Taking a cue from the country's top lender, Kotak Mahindra Bank also announced a reduction in its home loan interest rates. On Wednesday, Housing Development Finance Corporation reduced home loans interest rates. Housing Development Finance Corporation: HDFC has reduced home loans interest rates by 5 basis points to 6.75%. …

SBI cuts home loan interest rates by 10 basis points to 6.7%; offers additional benefits till 31 March
3 years, 9 months ago

SBI cuts home loan interest rates by 10 basis points to 6.7%; offers additional benefits till 31 March

Firstpost  

Mumbai: The country’s largest lender State Bank of India on Monday said it has reduced interest rates on home loans by up to 10 basis points and is offering loans starting from 6.70 percent rate. The bank said the home loan interest rates will start from 6.70 percent for loans up to Rs 75 lakh and 6.75 percent for loans …

Home loan interest rates: Check the latest rates of top banks
3 years, 11 months ago

Home loan interest rates: Check the latest rates of top banks

India Today  

In the year 2020, the Indian economy has suffered a huge shock due to the Covid-19 pandemic. This step has in turn pushed the banks to decrease their floating interest home loan rates. According to this, the lowest possible interest rates are typically reserved for eligible applicants with stellar credit scores above 750-800. Here's a list of 15 banks that …

Home loan rates at all-time low. Check latest offers by SBI, Kotak Mahindra and Axis Bank
4 years, 2 months ago

Home loan rates at all-time low. Check latest offers by SBI, Kotak Mahindra and Axis Bank

Live Mint  

Ahead of the festive season, India's top lenders — State Bank of India, Kotak Mahindra Bank and Axis Bank — is offering huge concessions on home loan interest rates to boost demands. State Bank of India, India's largest lender, has recently announced a concession of up to 25 basis points in home loan rates. "In an extension of its festive …

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