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Banks

Home Loan Interest Rates

PSU Banks Reduced Home Loan Interest Rates To 6.7%

SBI HOME LOAN INTEREST RATE The rate of home loan is a major factor that affects the total cost of your home. Since home loans are of high value and are long-lived, the interest of a house loan can have a long-term financial impact on the borrower. Due to the low-interest rate for home loans, […]

Prahalad Singh

E-stamping

e-Stamping – A simpler way to pay stamp duty

What Is An E-Stamp? E-stamping is an electronic way of stamping documents and paying stamp duty to the government. To get the e-stamp, you have to provide details like the first party and second party name, type of document, stamp duty paid by, amount of stamp duty, etc. The method of generating online stamp papers […]

Prahalad Singh

Home Loan Interest Rate & EMI In India, September 2020

HIGHLIGHTS Lowest Home loan interest rates starting at 6.90%/annum No prepayment charges on home loans linked to floating rate of interest A base point is equal to one-hundredth of a percentage point. Interest rates are based on the floating rate system. Factors that high income, property in a good location, valid income proof, and good […]

Prahalad Singh

Difference Between A Registered And Equitable Mortgage On A Home Loan

What Is A Mortgage? Mortgage refers to the transfer of an interest in a property to borrow money. The transferor is called a mortgagor, the transferee a mortgagee, and the principal money and interest of which payment is obtained for the time being are called the mortgage-money, and the means by which the transfer is […]

Prahalad Singh

RBI Monetary Policy: Keeps Repo Rate Unchanged At 4%

RBI Monetary Policy 2021 The Reserve Bank of India (RBI) in its first monetary policy meeting after the Union Budget 2021-22 has decided to maintain a status quo on key policy rates. The 6-member Monetary Policy Committee (MPC) directed by RBI Governor Shaktikanta Das kept the repo rate and reverse repo rate unchanged at 4% […]

Prahalad Singh

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