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ramvis / published news
LetsDiscuss: Government announces 1% interest rate subsidy on Housing Loans upto Rs. 10 Lakhs
Government of India has announced a 1% interest rate subvention or subsidy for housing loans upto Rs. 10 lakhs. This was announced in a press release by the Press Information Bureau. According to the press release, interest subsidy of 1 percent will be made available on individual housing loans upto Rs.10 lakhs for construction / purchase of a new house or extension of an existing house provided the cost of the construction/price of the new house/extension does not exceed Rs. 20 lakhs.discuss | | category: LetsDiscuss | Content type: Text/Pictures | Add this link to... | tell a friend | bakwaas
LetsDiscuss: SBI Chairman says that cheap home loans are not a gimmick
SBI Chairman, Mr. O . P. Bhatt, in an interview with Livemint has denied that the lower home loan interest rates being offered by SBI currently for the first few years of the loan are a gimmick. Do you think these schemes are a gimmick or not?discuss | | category: LetsDiscuss | Content type: Text/Pictures | Add this link to... | tell a friend | bakwaas
LetsDiscuss: Cleartrip offers 10% cashback on railway tickets with MasterCard
Online travel site Cleartrip.com is offering a cashback deal for people booking train tickets between April 1 and April 20, 2009 for any travel date. You can book a train ticket using a MasterCard credit card and get 10% off your ticket price or Rs. 100 whichever is lessdiscuss | | category: LetsDiscuss | Content type: Text/Pictures | Add this link to... | tell a friend | bakwaas
LetsDiscuss: NRO, NRE and FCNR accounts for NRIs: Pros and Cons to consider before opening a account
There are several options available for NRIs considering opening a account in an Indian bank: Non-Resident Ordinary (NRO) Savings Account, NRO Fixed Deposit Account, Non-Resident External (NRE) Savings Account, NRE Fixed Deposit Account and Foreign Currency Non Resident (FCNR) Fixed Deposit Account. Each of these account types has certain advantages and disadvantages. Understanding them can help you in making a choice.discuss | | category: LetsDiscuss | Content type: Text/Pictures | Add this link to... | tell a friend | bakwaas
LetsDiscuss: Interest Rates of Housing Loans in India to be cut, terms also to become simpler
A number of press reports indicate that interest rates of home loans in India will be cut in the near future by state-owned public sector banks. Along with the reduction in interest rates, a number of other incentives such as cuts in processing fees and margin requirements are also expected to give borrowers loans on simpler terms.1 comment | | category: LetsDiscuss | Content type: Text/Pictures | Add this link to... | tell a friend | bakwaas
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