Loan tenors
Fixed loan rates has been launched against property and home loans by country’s second largest foreign lender HSBC India. The uniqueness of the loan scheme is that, a loan borrower can make pre-payments even during fixed rate period. The applicable loan rate begins from 11.25 percent for one-year loan tenors and upto 11.75 percent for [...] Continue Reading »
Sachin Chaudhary the business head of India bulls Housing Finance has advised the loan borrowers not to go for fixed-rate loans or to extend loan tenors and he also reported saying that a high rate scenarios are increasing in the payment of EMI. The fixed rate loans are expected to soften. The India bulls Housing Finance head also explained saying [...] Continue Reading »
