EMI

SBI Customers, ALERT! Your Home Loan, Personal Loan EMIs To Go Up As Bank Raises Lending Rates By 10 Basis Points

SBI, on Friday announced that it raised 100 million dollars (About Rs 830 crore) through bonds to boost business expansion.

Jun 15, 2024, 17:29 PM IST

Do You Know How To Convert Your Credit Card Bill Into Easy EMI Options? Here's How To Do It

While some banks offer no-cost EMIs with no interest charged.

Mar 23, 2024, 09:27 AM IST

Good News For Home Buyers! BOI Cuts Home Loan Rates To 8.3% Till Mar 31

With a 30-year tenor home loan at 8.3 percent, the starting EMI (monthly installment) is as low as Rs 755 per lakh.

Mar 20, 2024, 17:44 PM IST

SBI's Processing Fee-Free Personal Loan Scheme Ending Soon; Details Here

If you want to avail the benefit of this special offer, individuals must meet certain eligibility criteria.

Mar 19, 2024, 18:32 PM IST

Planning To Do No-Cost EMI Shopping? Here's What You Need To Know Before You Shop

Before proceeding with any purchase, ensure a thorough understanding of the terms and conditions attached to the no-cost EMI.

Oct 24, 2023, 09:21 AM IST

RBI New Rules On EMI-Based Personal Loan: What You Need to Know And How It Could Affect Your Household Budget

RBI ordered all regulated entities to implement the guidelines by December 31, 2023 and inform all existing customers/borrowers about the reset option of floating interest rate for EMI available to them.  

Aug 20, 2023, 18:48 PM IST

BIG RELIEF For Home, Auto, Other Loan Borrowers! RBI To Come With Framework Soon; To Impact Your Tenor, EMI

Unveiling the bi-monthly monetary policy, Reserve Bank Governor Shaktikanta Das said under the framework, to be put in place shortly, the lenders will have to clearly communicate with the borrowers about tenor and EMI.

Aug 10, 2023, 11:48 AM IST

Canara Bank Hikes MCLR From Today; Home, Auto, Personal Loan EMIs To Go Up

Canara Bank also added that existing borrowers of the Bank shall have an option to switch over to interest rates linked to MCLR other than Fixed Rate Loans.

Apr 12, 2023, 14:54 PM IST

Applying For Bike Loan? AVOID These 5 Things

If you are planning to buy a bike, the wise decision would be to apply for loan rather than emptying your savings

Feb 23, 2023, 09:57 AM IST

Indian Overseas Bank hikes MCLR rates by 05 bps from today 10 January 2023, check latest rates here

Indian Overseas Bank said that Interest Rate of Loans for Overnight Tenor MCLR and One Month MCLR Shall be Sanctioned Only by the Top Management at Central Office. It also further clarified that Discretion to Sanction Overnight and One Month MCLR is not Available with Any Other Functionaries.

Jan 10, 2023, 13:14 PM IST

Eager to take a loan? Check out 3 easy steps to make your CIBIL score good and increase your credit worthiness

If you are planning to take a Personal Loan or a home loan, you must get your CIBIL score checked. CIBIL score principally highlights your financial picture and helps lending institutes to assess the capability of repayment.  

Dec 16, 2022, 12:21 PM IST

SBI home, car loan borrowers alert! EMIs to go up as bank hikes lending rates from today, July 15

With the increase, EMIs will go up for those SBI borrowers who have availed loans on MCLR, not for those, whose loans are linked to other benchmarks. Most of the loans are linked to the one-year MCLR rate.
 

Jul 15, 2022, 09:05 AM IST

Home loan borrowers rejoice! RBI increases housing loan limit by 100%

Considering the importance of cooperative banks in promoting inclusive growth, the Reserve Bank of India announced three measures for the cooperative banking sector.

Jun 08, 2022, 12:26 PM IST

Big relief for borrowers on loan moratorium, Cabinet sanctions Rs 973 crore

In the context of the COVID-19 pandemic, “Scheme for grant of ex-gratia payment of difference between compound interest and simple interest for six months to borrowers in specified loan accounts was approved by the Cabinet in October, 2020.

Jan 20, 2022, 10:59 AM IST

Bank of Maharashtra cuts home loan rate, effective from today– Check new rates

The 'Retail Bonanza-Festive Dhamaka' offer rate is linked to borrowers' credit score, it said, adding, the bank has already waived processing fee for its gold, housing and car loan.

Dec 13, 2021, 09:00 AM IST

Zee Exclusive: 5 reasons why you should opt for a 'Digital Loan'

Apart from the obvious benefits of affordable credit for MSMEs and new-to-credit or low income groups, here are five other reasons why digital loans trump conventional loans.

Sep 02, 2021, 16:49 PM IST

Zee Exclusive: 5 tips on how to maintain a healthy credit score

A few mindful financial steps can go a long way in keeping a credit score in the green range for lenders to successfully consider a loan application.

Aug 19, 2021, 16:03 PM IST

Get smart EMI offers on around 10 popular brands like Samsung, Oppo, Vivo --Check THIS bank's Independence Day offers

Kotak Bank customers can buy a range of products on convenient Smart EMI options from brands like Samsung, Vivo, Hitachi, Oppo etc, both online and offline. 

Aug 16, 2021, 15:33 PM IST

THIS bank offers 'Everything on EMI' to debit cardholders, have an account here?

Offered under the #KotakSmartEMI initiative, this enables KMBL customers to buy virtually anything and everything – from groceries and fashion to smartphones and electronics – at any merchant establishment and pay via easy instalments.

Aug 11, 2021, 12:19 PM IST