fbpx

LoanBazaar or any of its associates will never ask for any payment to process or approve a loan. Any individual or organization requesting such payment will be solely responsible for their actions, and LoanBazaar will not be liable for their behavior.

Bank of Maharashtra Announces New Year Bonanza with Reduced Home Loan Rates and Waived Processing Fees

By: Gopal Agarwal

Bank of Maharashtra reduced its home loan rate by 15 basis points to 8.35%. The lender has also waived off processing fees on home loans.

Read More

Home Loan EMI vs. Monthly Rent: Making the Right Choice

By: Gopal Agarwal

Home Loan EMI vs. Monthly Rent: Making the Right Choice or what should you opt for for making a right investment decision.

Read More

Govt of India Planning Rs 60,000 Crore Subsidised Housing Loan Scheme

By: Gopal Agarwal

The scheme will offer an annual interest subsidy of between 3-6.5% on up to 0.9 million rupees of the loan amount. Housing loans below five million rupees availed for...

Read More

Home loan: New RBI rules can help to save a lot in interest; know how

By: Gopal Agarwal

It asked banks and non-banking finance companies (NBFC) should clearly communicate the impact of any rate change on the EMIs and loan tenure. Financial institutions have to give borrowers...

Read More

RBI sets 30-day deadline for banks and NBFCs to release property documents after loan settlement

By: Gopal Agarwal

This would include consumer credit, education loans, loans given to create or enhance immovable assets and loans for investment in financial assets like shares, debentures and others. RBI has...

Read More

Home Loan Processing Fees and Charges: A Comprehensive Guide

By: Gopal Agarwal

Introduction: Purchasing a home is a significant financial decision for most individuals, and more often than not, it involves taking out a home loan. While the interest rate is...

Read More

Understanding MCLR and Base Rate: A Comparative Analysis

By: Gopal Agarwal

Introduction: In the banking sector, interest rates play a crucial role in determining the cost of borrowing for customers. Over the years, different methods have been employed to calculate...

Read More

What banks see while processing your loan applications?

By: Aditya Agarwal

When processing a loan application, banks typically look at several factors to determine whether the applicant is eligible for a loan. Here are some of the things that banks...

Read More

Latest update on Home Loan

By: Aditya Agarwal

As of March 2023, here are some of the latest news and updates regarding home loans in India: It is important to stay informed about the latest developments to...

Read More

RBI repo rate hike: increase EMIs to ease out interest rise impact

By: Aditya Agarwal

Home loan interest burden is set to increase post the RBI’s repo rate hike of 25 basis points. Consequently, EMI per lakh have risen 20-25 percent since the start...

Read More