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What is EMI? EMI stands for Equated Monthly Installment. It is the fixed amount paid by a borrower to a lender at a specified date each calendar month. EMIs...
Read MoreBank 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 MoreHome Loan EMI vs. Monthly Rent: Making the Right Choice or what should you opt for for making a right investment decision.
Read MoreThe 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 MoreIt 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 MoreThis 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 MoreIntroduction: 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 MoreIntroduction: 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 MoreWhen 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 MoreAs 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 MoreDisclaimer: LoanBazaar or any of its associates will never request any payment to process or approve a loan. If any individual or organization demands such payment, they are doing so at their own risk, and LoanBazaar will not be held responsible for their actions. We advise our customers to be cautious and to report any such demands to us immediately. Loan approval is subject to meeting the eligibility criteria and following the application process, which may include the submission of required documents. LoanBazaar reserves the right to reject any loan application that does not meet our internal policies and procedures. The information provided on LoanBazaar's platform is for informational purposes only and should not be considered as financial or legal advice. The borrower is responsible for reviewing and understanding the terms and conditions of any loan agreement before accepting it. LoanBazaar will not be liable for any financial loss or legal issues that may arise from the borrower's use of any loan product or lender found through our platform.