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Banks ने मानी Modi की बात, SBI सहित कई Banks ने घटाई Loan Rate |MUST WATCH !!!

The State Bank of India has opened a cheerful window of opportunity for home-loan borrowers at the start of the New Year by slashing the benchmark lending rate by a massive 90 basis points. The biggest-ever one-shot lending rate cut will lower the equated monthly instalments (EMI) for SBI auto and personal loans as well. Loans that industry takes for projects will also be covered but most businesses have been reluctant to borrow. The lending business is largely being driven by retail loans...

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Related topics : india bank loan rates / emi home loan sbi / auto loan bank

Government employees को मिलेगा State bank of India का सस्ता Home Loan

As SBI announced, Home loans to the government employees will be sanctioned at lower interest rates. The Bank said, this facility is provided to the government employees after the approval of 7th Pay commission. Even, the government employees will get the home loans at the age of 75.

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Related topics : home loan interest rate sbi / india bank loan interest rates

Note Ban के बाद Bank देंगे तोहफा, सस्ता होगा Loan

The money flooding into banks as people rush to deposit Rs 500 and Rs 1,000 notes has resulted in such a massive bonanza that it’s pulling rates down, bankers said. Thus the longstanding complaint of the Reserve Bank of India (RBI) that banks weren’t passing on rate reductions may be addressed soon.

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Related topics : india bank loan rates

Noteban से होगा जबड़ा फायदा, Deposit Money को Cheap Home Loan के तौर पर बांटेगी Modi Govt.

Looking to boost the housing sector, the Modi government is mulling a new scheme that may use money from the demonetisation drive. According to report, the government is keen to boost the housing sector via a new scheme and is already in discussion with the RBI. The new housing scheme may be announced as early as the Union Budget 2017, which is expected to be presented on February 1. It is reported that the final contours of the housing scheme will be decided after the details of revenue earned...

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Related topics : home loan rate interest

Vijay Mallya से हार गया State bank of India, नहीं वसूलेगा कर्ज

The State Bank of India got non-performing assets worth Rs 7,016 crore off its books by writing off loans owed to it by 63 willful defaulters, Daily News & Analysis reported Wednesday. The clean-up saw the bank forgo almost Rs 1,201 crore in dues owed by Vijay Mallya’s defunct Kingfisher Airlines, which heads the list of willful defaulters. Documents accessed by DNA reveal that 63 accounts have been fully written off, 31 partially written off and six have been shown as NPAs. SBI adjusted its...

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Related topics : india bank loan write off

Home Loan के Interest पर 2 Lakh से ज्यादा Deduction Benefit नहीं, Cheaper होंगे मकान

In a move that is likely to hurt investor-led demand in the real estate sector, the finance minister in the Budget 2017-18 tweaked the provision that significantly restricts the tax benefit a home-owner can claim against the interest outgo on a property put on rent. While the current provisions allow a home owner to claim full deduction on the interest paid in case the property has been let-out, the finance minister proposed to limit the deduction to Rs 2 lakh in line with what the homeowner...

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Related topics : home loan interest