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Most of the major banks discontinuing prepayment charges on floating rate loans, including those refinance , banks say that floating rates will now indeed float. ICICI Bank waived pre-payment charges on floating rate housing loan effective from November 23, for both new and existing customers. This is applicable for partial or full prepayment of home […]

When someone decided to going for second hand car. On other hand you don’t have enough money to buy a car. Then always take wise decision. If you are going for Car loan, then you have to pay higher interest on second hand car. Only 60 -70 percent loan amount sanctioned by banks. Banks on […]

In the second quarter review which was on Oct 25 RBI has indicated that there will be no hike this time. The basic rates will remain same that is CRR – 6% Repo rate under the liquidity adjustment facility (LAF)  at 8.5 per cent. The reverse repo rate under the LAF will remain unchanged at […]

Deal4loans.com the online portal under the company Wrs Info has touched loan disbursals of 175 crs of loans through its network of Banks in the month of Nov. From last year they have grown from 100 crs to 175 crs. With maximum number of tie ups in terms of Banks and is the biggest online […]

Major loan providers for homes like State bank of India, ICICI bank, Axis bank waived off prepayments charges or penalties on home loans. Housing finance companies not charges pre payment penalties on floating rate loans. Most of the customers/borrowers taken loans on floating interest rates, so no major impact on all home loan borrowers who […]