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Fixed returns safer for higher loan

Avoid the use of parts under warranty, as you may need to pay a share price drop in volatile markets. With the Sensex down 20% since the beginning of the year, many investors feel the pinch. Besides the loss in value of investments, was the use of your stock market investments as too little security. […]

SBI eyes higher home loan disbursal

State Bank of India has set a target of about Rs 3,200 crore in home loan disbursals in Tamil Nadu and Pondicherry, representing a 30-per cent growth in home loan portfolio of about Rs 10,500 crore in the region. Last year the bank disbursed over Rs 2,000 crore, according to Mr J. Chandrasekaran, Chief General […]

Dual rate loans from ICICI Bank

If you are looking to buy a house, but are worried about the spiralling interest rates, ICICI Bank’s recently announced teaser home loans may help. After a two-year hiatus, ICICI Bank has come up with teaser home loans again. The scheme will allow you to fix interest rates for one or two years and pay […]

Banks lose out on deposits, savings instruments increase

This may seem contrary to popular belief, but it’s true. Bank deposits, although their safety and comfort, look fast losing its charm among the Indian families the best place to park money in the last three years, families have increasingly prefer to keep their growing disposable incomes in the government supported by long-term savings instruments […]

You can now use your Fixed Deposit for a loan

When interest rates rise steadily loan, you might think twice about any type of loan. In fact, you really need money, cash, and you think your property, instead of paying high interest personal loan. But there is a resource that is to be realized – fixed deposits (FDs). You can now find a solution in the […]