Emis On Home Loans

RBI Repo Rate Hike: RBI's latest rate hike will weigh on already stretched household budgets as loans will get more expensive.

Home, auto and other loan EMIs are set to rise further after RBI on Friday raised the key interest rate by 50 basis points, the third straight increase since May in an effort to cool stubbornly high inflation.

Home, auto, and other loans' EMIs will rise after the Reserve Bank of India on Wednesday raised its key interest rate by 50 basis points, the second increase in five weeks.

With the increase in MCLR rates, EMIs on a variety of loans including housing, vehicle and personal loans will go up

HDFC Limited has hiked its retail prime lending rate (RPLR) by 5 basis points or 0.05 per cent on housing loans

The RBI has increased the repo rate upto 4.40 per cent from 4 per cent earlier while the cash reserve ratio (CRR) has been hiked by 50 basis points to 4.5 per cent

People take the interest rate on their housing loans seriously as it impacts the final cost of the house and also the EMI outgo

The Reserve Bank of India (RBI) on Friday permitted commercial banks and other financial lenders to allow borrowers to delay their loan repayments by a period of three months. The move by the regulator complemented the government's announcement of a Rs 1.7 lakh-crore fiscal package the previous day to help the poor survive the 21-day countrywide lo...

The Reserve Bank of India has also allowed banks for deferment of interest on working capital loans for the next three months - until June 2020.

State Bank of India (SBI), the country's largest bank, recently said that it would adopt the repo rate as external benchmark for all its floating rate-based loans from October 1. The change will impact floating rate loans for small businesses, home and retail loans, the bank said in a statement. Repo rate is the interest rate at which the Reserve B...

A repo rate-linked home loan means that any changes in the key interest rate by the central bank are passed on directly to the customers.

SBI or State Bank of India, the country's largest lender by assets, on Wednesday announced a reduction in its benchmark lending rates across all tenors. The bank said its MCLR or marginal cost of funds-based lending rates will be reduced by 15 basis points (0.15 percentage point), and the new rates will take effect on August 10. The move marks the ...

In a surprise move, the Reserve Bank of India (RBI) on Thursday reduced the repo rate by 25 basis points or 0.25 per cent. The central bank also changed its policy stance to "neutral" from "calibrated tightening". The repo rate - which is the key interest rate at which the RBI lends short-term funds to commercial banks - now stands at 6.25 per cent...

ICICI Bank on Friday announced its decision to waive off penalties on late payment of loan EMIs by its customers in Kerala this month. The initiative was aimed at providing support to its customers in flood-hit Kerala. That means ICICI Bank home loan, car loan and personal loan customers in Kerala will not be charged any penalty charges for delayed...

The Reserve Bank of India (RBI) on Wednesday hiked the key lending or repo rate by 25 basis points to 6.25 per cent.

RBI Repo Rate Hike: RBI's latest rate hike will weigh on already stretched household budgets as loans will get more expensive.

Home, auto and other loan EMIs are set to rise further after RBI on Friday raised the key interest rate by 50 basis points, the third straight increase since May in an effort to cool stubbornly high inflation.

Home, auto, and other loans' EMIs will rise after the Reserve Bank of India on Wednesday raised its key interest rate by 50 basis points, the second increase in five weeks.

With the increase in MCLR rates, EMIs on a variety of loans including housing, vehicle and personal loans will go up

HDFC Limited has hiked its retail prime lending rate (RPLR) by 5 basis points or 0.05 per cent on housing loans

The RBI has increased the repo rate upto 4.40 per cent from 4 per cent earlier while the cash reserve ratio (CRR) has been hiked by 50 basis points to 4.5 per cent

People take the interest rate on their housing loans seriously as it impacts the final cost of the house and also the EMI outgo

The Reserve Bank of India (RBI) on Friday permitted commercial banks and other financial lenders to allow borrowers to delay their loan repayments by a period of three months. The move by the regulator complemented the government's announcement of a Rs 1.7 lakh-crore fiscal package the previous day to help the poor survive the 21-day countrywide lo...

The Reserve Bank of India has also allowed banks for deferment of interest on working capital loans for the next three months - until June 2020.

State Bank of India (SBI), the country's largest bank, recently said that it would adopt the repo rate as external benchmark for all its floating rate-based loans from October 1. The change will impact floating rate loans for small businesses, home and retail loans, the bank said in a statement. Repo rate is the interest rate at which the Reserve B...

A repo rate-linked home loan means that any changes in the key interest rate by the central bank are passed on directly to the customers.

SBI or State Bank of India, the country's largest lender by assets, on Wednesday announced a reduction in its benchmark lending rates across all tenors. The bank said its MCLR or marginal cost of funds-based lending rates will be reduced by 15 basis points (0.15 percentage point), and the new rates will take effect on August 10. The move marks the ...

In a surprise move, the Reserve Bank of India (RBI) on Thursday reduced the repo rate by 25 basis points or 0.25 per cent. The central bank also changed its policy stance to "neutral" from "calibrated tightening". The repo rate - which is the key interest rate at which the RBI lends short-term funds to commercial banks - now stands at 6.25 per cent...

ICICI Bank on Friday announced its decision to waive off penalties on late payment of loan EMIs by its customers in Kerala this month. The initiative was aimed at providing support to its customers in flood-hit Kerala. That means ICICI Bank home loan, car loan and personal loan customers in Kerala will not be charged any penalty charges for delayed...

The Reserve Bank of India (RBI) on Wednesday hiked the key lending or repo rate by 25 basis points to 6.25 per cent.