Bank Account Queries Home Loans

No Home Loan Preclosure Charges – RBI Bars Bank ?

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 […]

Bank Account Queries Home Loans

State wise Stamp Duty Rates in India

Latest state wise Stamp Duty Rates along with registration charges in all the states in India. including the commercial properties and rental agreement Stamp duty & registration charges are levied by the State Government on property sale or any execution on mutual agreement between a buyer and seller. The rates of registration and stamp duty […]

Home Loans

Interest Only Home Loan Launched By Standard Chartered Bank

Interest Only Home Loan Launched By Standard Chartered Bank, a new chapter in already competitive financial market. This is introduced only for purchasing the completed residential properties where during a limited period of the loan tenure, the borrowers will pay only the interest accrued on the principal outstanding – referred as ‘interest only period’. No […]