With the cut in repo rate, which will eventually lead to lowering down the lending rates by the banks and the Housing Finance Companies, it will make home loans more affordable, supporting homebuyers and strengthening the housing demand.
New Delhi [India], December 2: Pradhan Mantri Awas Yojana (PMAY) is the Government of India's flagship housing subsidy scheme aimed at achieving the vision of "Housing for All." Launched in 2015, the scheme supports the construction or purchase of houses by offering interest subsidies on Hom
Mumbai (Maharashtra) [India], December 1: For most salaried Indians, Provident Fund (PF) is that one pot of money that quietly grows in the background, meant to be there when life stops going according to plan or there is a crucial life event such as marriage, home loan or purchase. Yet the
The growth, it said, is supported by heightened demand for gold loans, auto loans, and a resurgence in personal loans and credit cards. PSU banks further consolidated their leadership across several major loan categories.
The recent Goods and Services Tax (GST) cuts have given a fillip to unit sales across vehicle categories, particularly cars, and this momentum is likely to continue with a steady growth of 16-17% over this fiscal and the next.
New Delhi [India], November 14: Ganesh Kumar, former AVP for Growth and Cross-Sell at Shriram Finance and a recognised digital growth leader in India's lending ecosystem, has announced the launch of finpe.app, a first-of-its-kind data-driven home loan savings platform. The platform is design
The Auto NBFC space witnessed a gradual improvement in disbursement momentum in the second quarter of FY26 after a relatively soft first quarter, according to a report by Centrum.
Bangaluru (Karnataka) [India], November 4: India's housing market is undergoing a structural transformation, driven by technology, financial inclusion, and new-age consumer behavior. At the forefront of this change stands Brixline, a next-generation homeownership platform that has already cr
New Delhi [India], November 4: Owning property gives you not only a sense of security but also an opportunity to access funds when needed. Two popular loan options related to property are a Home Loan for buying a house and a Loan Against Property for meeting financial needs. While both invol
Pune (Maharashtra) [India], October 27: Diwali brings with it the promise of prosperity and hope. It is the time when families set fresh goals, clear old doubts, and open their doors to new beginnings. For many, it also offers an opportunity to realise their dreams of becoming homeowners, pr
Pune (Maharashtra) [India], October 17: Dhanteras marks the beginning of Diwali, and it is celebrated across India to invite prosperity, health, and good fortune. It is also highly auspicious for fresh beginnings, including planning for a future home, as it attracts prosperity and positive e
New Delhi [India], October 14: Buying a house is an important financial step for an individual. One of the most important aspects of applying for a home loan is gathering the right documents to ensure that the approval process is completed on time. If you are a first-time home-buyer, knowi