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Easy method to apply Online Personal Loans

Many customers have no access to fax machines and fax machine know that dependence is the worst in Applying online personal loans. Some banks offer the possibility of a personal loan “so that the containment of the fax functions.

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Allahabad Bank offers Festive season rebate up to 1% on loans

Allahabad Bank said borrowers will get an interest concession of up to 1 per cent on loans during the festival season, which it hopes will attract new customers.

While the interest rebate offered by the bank on housing loans under the floating rate scheme varies from 0.25 per cent to 1 per cent, new borrowers taking out loans under the fixed rate scheme will get a concession of 0.50 per cent to 1.75 per cent for a limited period, Allahabad Bank said in a statement.

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Banking on credit bureaus

Applied for a loan that got rejected because of a poor “credit score”, as your bank put it? Before you take out your anger on the agency that gave you this poor score, it would pay for you to know that the agency is in no way responsible for the rejection. Confused?

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HDFC ups home loan rates by 50 bps

HDFC (Housing Development Finance Corporation), India’s largest mortgage financier, today increased its retail prime lending rate (PLR) by 50 basis points (bps) to 14.25 %. This is the first time HDFC is increasing its PLR in two years.

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Indian banks deposit growth covering, may impact liquidity: HDFC

sheath growth in Indian banks’ deposits despite recent hike in interest rates could further impact liquidity, a top banker said here on Friday.

“Reserve Bank of India’s (RBI) target for deposit growth this year is 18 per cent, but actually it is lagging behind at 14 per cent or so,” executive director of HDFC Bank Paresh Suthankar who was here for an event said.

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Personal loan may not always be a superior offer

Personal loan may save you in an hour of need, but are you aware there exist not only better options but also more secured ones to get money quickly. Financial planners profess a personal loan should be the last item on your menu when shopping for money even if your requirement is immediate.

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Housing loans to be costlier soon

There is some shocking news for home loan seekers, as HDFC Bank is expecting the lending rates to go up by 50 to 75 basis points (bps) in a couple of tranches by the end of current financial year. Bank is also expanding its branch presence in the state from the existing network of 165 branches.

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P Chidambaram disburses Rs10.40 Cr education loan to students

Union home minister P Chidambaram said many students would not have been able to pursue their higher education and remained just ‘plus two unemployed’ had the government not introduced the education loan scheme.

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Kotak Mahindra Bank opens branch in Kozhikode

Kotak Mahindra Bank , one of India’s leading private banks, strengthened its presence in the state of Kerala with the inauguration of its first branch in Kozhikode.

This is the Bank’s fourth branch in the state, the other three being in Kottayam, Kochi and Thrivananthapuram and the occasion also marked the launch of Kotak Credit Card, specially designed for the Bank’s NRI customers.

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No foreign education source without unanimity: Sibal

Seeking to build political consensus on his reform initiatives in education sector, Human Resource Development (HRD) Minister Kapil Sibal on Thursday assured the Lok Sabha that he will not move forward on the proposed legislation to allow foreign education providers in the country unless there was “full dialogue” and “unanimity” as it concerned the future of children.

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