Category: Loans & Advances

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11th Bipartite Settlement Bank Account Queries Banking HowTo Banking News Careers & Jobs Demonetization Financial Calculator IMPS Insurance Internet Banking Jeevan Pramaan Loan FAQ Loan Ratio Mobile Banking NPS Professional Tax Salary Structure SBI Share & Stocks

Revised Performance Linked Incentive Calculator for Public Sector Banks

by Askbanking 11th Bipartite Settlement, Bank Account Queries, Banking HowTo, Banking News, Careers & Jobs, Demonetization, Financial Calculator, IMPS, Insurance, Internet Banking, Jeevan Pramaan, Loan FAQ, Loan Ratio, Mobile Banking, NPS, Professional Tax, Salary Structure, SBI, Share & StocksLeave a comment

Revised Performance Linked Incentive Calculator for Public Sector Banks – The Finance Ministry has unveiled a performance-linked incentive (PLI) scheme for the senior executives of public sector banks (PSBs) i.e. Chief Manager, AGM, DGM, General Managers and CGM than MD & CEO including Executive Directors. The PLI ceiling for Managing Director & Chief Executive Officers and […]

Bank Account Queries Home Loans

No Home Loan Preclosure Charges – RBI Bars Bank ?

by Askbanking Bank Account Queries, Home LoansLeave a comment

RBI bars housing finance companies and banks from charging home loan Preclosure charges. It is also advised that if your financial institution charges a foreclosure penalty on home loans, raise a complaint with the branch/RBI Ombudsman. As per RBI guidelines, NBFCs shall not charge foreclosure charges or pre-payment penalties on any floating rate loan products […]

Canara Bank Home Loans

Canara Bank Loan Interest Rate Increased , EMI Will Go Up

by Askbanking Canara Bank, Home LoansLeave a comment

Public Sector Canara Bank Loan interest Rate Increased i.e. Marginal cost of funds-based lending rates (MCLR) and repo linked lending rate (RLLR) to 8.10% and 8.80% respectively. Canara Bank’s 1-year MCLR is at 8.10%, while repo linked lending rate (RLLR) is at 8.80% now. Though majority of the Loans offered by this bank in Retail […]