Home Loan for Venkatesh Serenity by Nisarg, Pune Mar 2017

Venkatesh Serenity, Pune pre-approved with for home loans

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  • Home loan options starting @8.50% from multiple banks in India
  • Pre approved offers with discounted interest rates and processing fees; legal, technical charges waived off
  • Offer available for both new loan and takeover of existing loan
  • Flexi Home credit interest saver facility available in select cases - pay interest on net difference on your loan outstanding and bank balance
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*Important Information: The project approval status and rates shown above are tentative and subject to change from time to time. Loans granted at sole discretion of the bank subject to eligibility, diligence, terms and conditions of respective banks. Not all towers, floors and flats may be approved by each bank and hence it is important to check approval status of exact property. Use the apply now link to leave details and confirm exact project approval status.

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Home Loan Projects News - Mar 2017
23rd Mar 17 HDFC Ltd to raise Rs. 1,498 crore via debentures
HDFC Ltd is planning to raise funds of Rs. 1,498 crore by issuing secured redeemable non-convertible debentures. The bonds in form of non convertible debentures with a maturity period of three years will carry a coupon rate of 7.78 percent payable annually. The NBFC is planning to utilize the funds for refinancing the housing business and to expand its capital resources.
23rd Mar 17 New subsidy scheme on home loans to bring down EMI by Rs. 2,000
Prominent banks including ICICI, SBI etc and leading housing finance companies such as PNB and HDFC Ltd have signed memorandum of association (MoU) with National Housing Bank for the implementation of new interest subsidy scheme for home loans under PM Awas Yojna (PMAY). As per new scheme, home loan borrowers is likely to see a decline of Rs. 2,000 in home loan EMIs for the home purchased under PM Awas Yojna and if their annual household income is up to Rs. 18 lakh. Under the new subsidy scheme, government will offer an interest subsidy of up to 4 percent on loans of up to Rs. 9 lakh and above to the middle class borrowers of urban areas.
18th Mar 17 Citibank India cuts processing fees to zero
Citibank India decision to introduce zero processing fees has brought in good news for borrowers. The bank has revised its loan processing fees to nil from 0.50 percent earlier for its home loan and loan against property borrowers. Loan segments including home loan and loan against property.
18th Mar 17 Home loan revives post demonetization
Real estate developers are hopeful to see an increase in the purchase of new house units post demonetization as the banks are flushed with funds and likely to push home loans aggressively. According to a senior ICCI Bank representative, the bank has witnessed a healthy growth in home loan queries after demonetization. Real Estate experts expect the housing sector in India to witness a strong growth in FY18.
18th Mar 17 Axis Bank kept its MCLR for March 2017 unchanged
Axis Bank has kept its marginal cost of lending rate unchanged for the month of March 2017. The bank has kept its overnight and six month MCLR unchanged at 7.90 and 8.15 percent respectively. Similarly, Axis Bank did not change its one year MCLR that stands at 8.25 percent. With the unchanged MCLR, interest rate for home loans continues to be at 8.65 percent.
*My Finance Care Advisors Pvt. Ltd., or https://www.myloancare.in is a bank neutral multi bank platform that helps borrowers and bank customers compare loans and deposits of all banks in India at one place. Information carried at this website is based on perusal of public sources and should not be construed as an offer or solicitation or invitation to borrow or lend. The Company does not assure as to the correctness of information carried at the website. Lenders/ banks/ other parties may contact us at info@myloancare.in to provide corrections or updates. We may act as and/ or be associated with channel partners of banks and other sellers of financial products.