Home Loan Interest Rates : Different rate of interest on home loans charged by banks... Minister of State for Finance replied to a question in Lok Sabha on 22nd February 2013 regarding rate of interest on home loans being charged by various Scheduled Commercial Banks is given below... Interest rates on advances have been de-regulated by the Reserve Bank of India (RBI). … [Read more...] about Home Loan Interest Rates : Different rate of interest on home loans charged by banks
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Floating Interest on Home Loan
Stop charging prepayment penalty on home loans: RBI to banks
Stop charging prepayment penalty on home loans: RBI to banks In a relief to borrowers, the RBI on Tuesday asked banks to immediately stop charging penalty on pre-payment of home loans taken on floating interest rates. "It has...been decided that banks will not be permitted to charge foreclosure charges\pre-payment penalities on home loans on floating interest rate basis, … [Read more...] about Stop charging prepayment penalty on home loans: RBI to banks
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