Search For "rate of interest"
Home Loan Interest Rate in India - EMI, Eligibility, and Schemes
Updated : 10 months ago IST
New Delhi [India], October 8: The most crucial thing to be kept in mind before applying for a home loan is the rate of interest. It not only affects your monthly EMI, but also the affordability of that loan going forward. Interest rates of home loans vary, depending upon the financial instit
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How a Car Loan EMI Calculator Helps You Budget Wisely
Updated : 1 year, 1 month ago IST
New Delhi [India], June 20: Purchasing a vehicle is an exhilarating experience. Whether it is your first vehicle or an upgrade, for most of us, it usually translates into availing a car loan. With so many monetary details to worry about--loan amount, rate of interest, tenure--it is simple t
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Understanding the Difference between RD and Mutual Funds: A Complete Guide
Updated : 1 year, 4 months ago IST
New Delhi [India], April 2: While considering investment options, investors tend to compare recurring deposits (RD) and mutual funds to determine the suitable option based on their financial goals. Both investments possess differing features and, hence may suit different investor profiles. W
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Central Board recommends 8.25% interest on EPF to subscribers for FY 2024-
Updated : 1 year, 5 months ago IST
According to an official release, the Government of India will officially notify the interest rate, following which EPFO will credit the rate of interest into the subscribers' accounts.
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Expect repo rate cut only in October RBI policy meeting: SBI Research
Updated : 2 years, 2 months ago IST
The report, authored by Soumya Kanti Ghosh, SBI's Group Chief Economic Adviser, expects first repo rate cut in October meeting. The repo rate is the rate of interest at which the RBI lends to other banks.
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Home Loans Made Accessible: Bank of Maharashtra's Maha Super Housing Loan
Updated : 2 years, 2 months ago IST
New Delhi [India], May 28: In a rapidly evolving landscape of financial services, choosing the right home loan that matches your needs, one which is cost effective, where access to finance is quick and where the process is transparent. Bank of Maharashtra offers the Maha Super Housing Loa
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Bengaluru's rental income highest in Q1-2024, Mumbai next: Anarock report
Updated : 2 years, 3 months ago IST
With a steep rise in rental housing demand in the top cities, average rental values have soared, and rental income has been heading steadily north. Rental income is the annual rate of interest investors earn from capital invested in a property.
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Interest rate cuts in India seem off the table: Morgan Stanley
Updated : 2 years, 3 months ago IST
Along anticipated lines, RBI kept the policy repo rate unchanged at 6.50 per cent, the seventh time in a row. The repo rate is the rate of interest at which the RBI lends to other banks.
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Crisil expects RBI to initiate repo rate cuts from mid-2024
Updated : 2 years, 3 months ago IST
As the Reserve Bank of India (RBI) maintained the status quo in repo rate for the seventh time this month, rating agency Crisil now expects the rate cut cycle to begin from mid-2024. The repo rate is the rate of interest at which RBI lends to other banks.
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Check rate of interest on small saving schemes for Q1 2024-25
Updated : 2 years, 4 months ago IST
The rate of interest for the Sukanya Samridhi Scheme is 8.2 per cent while for three-year term deposits, the interest rate is 7.1 per cent. Similarly, Public Provident Fund gives one interest rate of 7.1 per cent. Kisan Vikas Patra gives interest rate at 7.5 per cent, annually.
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ED arrests man for defrauding US citizens in guise of loans at cheaper rat
Updated : 2 years, 5 months ago IST
The Enforcement Directorate (ED) has arrested a person in a case relating to fake call centers in different parts of India for defrauding foreign nationals (USA citizens) in the guise of loans at a cheaper rate of interest, the agency said on Friday.
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Karnataka Minister Zameer Ahmed Khan launches Santvana scheme for helping
Updated : 2 years, 9 months ago IST
"The minister said this scheme was aimed at giving a loan of Rs 5 lakh to victims of natural calamities and communal clashes to re-build homes and shops. Of the total loan amount of Rs 5 lakh, 50 per cent will be the loan, and the rest will be the subsidy. The rate of interest will be 3 per
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