Loans such as home loans are linked to the repo rate, and a cut in it also leads to a rate cut in the loan. But if that is not the case, a borrower has many ways to reduce the interest amount.

rising income levels and interest rate cuts by the Reserve Bank of India would provide a boost to home loans. CS Setty, chairman SBI told reporters at its Q4FY25 earnings press conference ...

If you are planning to take a home loan in May 2025, here's everything you need to know about the latest interest rates. The RBI cut the repo rate by 25 basis points, bringing it down from 6.25% ...

Car loans are a go-to option for people looking forward to bringing home their dream car ... Bank EMI for Rs 1 lakh for 7 years Interest Rate (p.a.) State Bank of India Rs 1,614 onwards 9.10% ...

So if overall interest rates stay steady, it's likely that rates on home equity loans and HELOCs will remain about the same, too — barring any major changes in the market. "While no one can know ...

Following the repo rate cut by the Reserve Bank of India (RBI), several banks are transferring the benefits to customers by lowering their interest rates. Amid this, two leading public sector ...

That's because a HELOC, unlike a home equity loan, has a variable interest rate that will change monthly for borrowers. While that's a risk in an economy when rates are increasing, it's a distinct ...

Lovina Parmar, Mumbai based working professionalwho took a ₹30 lakh home loan from HDFC Ltd. in September 2023 ... their interest rate to below 7% without making extra payments." SBI MaxGain ...

They’re seeing their credit scores drop, which will make it more difficult to buy a car or rent a home. And that has implications ... for not making student loan payments, the federal government ...

This is part of a broader strategy to enhance affordability for home loan borrowers ... the minimum interest rate that the bank can charge its customers, has not been altered. SBI's one-year ...

So far, home ... interest rates at 8.15% than private banks, reduced from 8.4% in January 2025 to 8.15% as of April 4. For a 50-lakh loan with a 20-year tenure, the EMI would be Rs 42,290. State ...