Category Archives: Home Loans

Loans taken for purchasing housing property

Home Loan Documents- Are you Salaried or Self-Employed?

Getting a Home Loan to buy a new house is a common practice, but do you have all the information handy before you opt one? Did you know the documents required might differ for salaried and self-employed people? Here’s a handy guide with all that information you’ll need when you apply for a Home Loan.

A Guide To Home Loan Closure Formalities

Closing a Home Loan is one of the biggest highs for a Home Loan borrower. After all, there will be no more monthly EMIs and no more worries about the increasing interest rates. While the euphoric high of paying off your last EMI towards your Home Loan is understandable, you must be vigilant when closing your loan either at the end of the tenure or prematurely.

What’s The Safer Bet?

If you had to choose between a resale or under-construction flat, you may not always be sure as to which one’s a safer bet between the two; and that’s where a little bit of detailed information would help you make a wiser decision. This article would help you understand the nuances of both and make a well-informed choice while buying the house of your dreams!

Home Loan & Car Loan Festive Offer: Diwali Dhamaka Sale is on!

Diwali is nearing and we want you to check everything off your wishlist. If you’ve been looking for the perfect Home Loan or Car Loan this year, look no further. The “Diwali Dhamaka Sale” by BankBazaar is here! Pst! We’re giving you some fabulous reasons to get your perfect home and car! Here’s why you should pay attention to what we’re telling you!

Home Loan Rates as on 16th Oct 2015: When it Rains, it Pours!

[table id=39 /]   ***Up to Rs 500 Lac * Applicable Variable / Semi – Fixed for 2 to 3 years Rates* NOTE: Fixed/Floating Rates that vary with tenures within the specified loan amounts are indicated as a range. Fixed interest rates may be subject to a revision after a specified tenure depending on the bank’s… Read More »

Home Loans: Why Your Application Might Be Rejected

The journey between deciding to buy a house and actually moving in is a long and tedious one. Planning and research is key. Sometimes we look at the big picture and lose track of the trivial details. A rejection by the bank is probably one’s biggest fear. Here are some ‘unusual’ reasons for your Home Loan application getting rejected.

Home Loan Rates as on 9th Oct 2015: It’s Raining Rate Cuts!

[table id=38 /]   ***Up to Rs 500 Lac * Applicable Variable / Semi – Fixed for 2 to 3 years Rates* NOTE: Fixed/Floating Rates that vary with tenures within the specified loan amounts are indicated as a range. Fixed interest rates may be subject to a revision after a specified tenure depending on the bank’s… Read More »

SBI’s Home Loan Rate Tweak: Existing Customers Stand to Benefit

For the State Bank of India (SBI), the market leader in the home loans segment, old certainly seems to be gold. That is, old customers are gold. Nothing else explains the latest rate tweak by the leading lender, which has kept home loan spreads unchanged for existing borrowers but has increased the same for new customers.… Read More »