Tag: loan advances

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Interest rate on Education Loan : Lok Sabha Q&A

Reserve Bank of India has de-regulated the interest rates. With effect from 1st July, 2010, Banks are required to price their loan products, includ [...]

Additional Deduction of Interest upto Rs.1 Lakh on Home Loan for First Home Buyer

Ministry of Finance 28-February, 2013 Additional Deduction of Interest upto Rs.1 Lakh on Home Loan for First Home Buyer The Finance Bill 2013-14 [...]

Rates of interest on advances and loans to Govt. employees, for construction/purchase of houses/flats

No.5(3)-B(PD)/2012 Government of India Ministry of Finance Department of Economic Affairs (Budget Division) Room No. 263-B, North Block,  [...]

Revised Rate of interest for purchase of conveyances during 2012-2013: Advances to Government servants

F.No. 5(2)-B(PD)/2012 Government of India Ministry of Finance Department of Economic Affairs New Delhi, the 7th January, 2013 OFFICE &nbs [...]

1 percent Interest subsidy scheme on housing loans extended for Financial Year 2012-13

Cabinet 04-July, 2012 Interest Subvention of 1% on housing loans The Union Cabinet today approved the proposal for extending the scheme of inter [...]

Home Loans-Levy of fore-closure charges/pre-payment penalty

In a relief to borrowers, the RBI on Tuesday asked banks to immediately stop charging penalty on pre-payment of home loans taken on floating interes [...]
Conveyance Advance Revised Interest rate for 2011-12

Conveyance Advance Revised Interest rate for 2011-12

Ministry of Finance, Department of Economic Affairs has issued Office Memorandum regarding vide his No. F.No.5(2)-B(PD)/2011 dated 19-03-2011 : [...]
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