HDFC - Housing Development Finance Corporation Limited (HDFC) - Offering range of services like Home Loans, Housing Loans and Home Loans in India.
Visit to: www.hdfc.com/ - 99k
guide2homeloan-
guide2homeloan.com is the right online source for all your home loan needs. Feel free to contact us for any other queries related to home loans, finance, insurance and investment.
Visit to: http://www.guide2homeloan.com/
HSBC-
Home Loan - Flexible enough to suit your changing needs.
www.hsbc.co.in/1/2/personal/loans/home-loan
STATE BANK OF INDIA :: INDIA's LARGEST BANK-
SBI Home Loans come to you on the solid foundation of trust and transparency built in the tradition of State Bank of India. Best Practices followed in SBI ...
Visit to:
www.statebankofindia.com/viewsection.jsp?id=0,1,20,115 - 70k
MORE MORE .......
Monday, December 24, 2007
History BankofIndia
Bank of India was founded on 7th September, 1906 by a group of eminent businessmen from Mumbai. The Bank was under private ownership and control till July 1969 when it was nationalised along with 13 other banks.
Beginning with one office in Mumbai, with a paid-up capital of Rs.50 lakh and 50 employees, the Bank has made a rapid growth over the years and blossomed into a mighty institution with a strong national presence and sizable international operations. In business volume, the Bank occupies a premier position among the nationalised banks.
The Bank has 2644 branches in India spread over all states/ union territories including 93 specialised branches. These branches are controlled through 48 Zonal Offices . There are 24 branches/ offices (including three representative offices) abroad.
The Bank came out with its maiden public issue in 1997. Total number of shareholders as on 30/09/2006 is 2,25,704.
While firmly adhering to a policy of prudence and caution, the Bank has been in the forefront of introducing various innovative services and systems. Business has been conducted with the successful blend of traditional values and ethics and the most modern infrastructure. The Bank has been the first among the nationalised banks to establish a fully computerised branch and ATM facility at the Mahalaxmi Branch at Mumbai way back in 1989. The Bank is also a Founder Member of SWIFT in India. It pioneered the introduction of the Health Code System in 1982, for evaluating/ rating its credit portfolio.
The Bank's association with the capital market goes back to 1921 when it entered into an agreement with the Bombay Stock Exchange (BSE) to manage the BSE Clearing House. It is an association that has blossomed into a joint venture with BSE, called the BOI Shareholding Ltd. to extend depository services to the stock broking community. Bank of India was the first Indian Bank to open a branch outside the country, at London, in 1946, and also the first to open a branch in Europe, Paris in 1974. The Bank has sizable presence abroad, with a network of 23 branches (including three representative office ) at key banking and financial centres viz. London, Newyork,Paris,Tokyo,Hong-Kong,and Singapore. The international business accounts for around 20.10% of Bank's total business
Beginning with one office in Mumbai, with a paid-up capital of Rs.50 lakh and 50 employees, the Bank has made a rapid growth over the years and blossomed into a mighty institution with a strong national presence and sizable international operations. In business volume, the Bank occupies a premier position among the nationalised banks.
The Bank has 2644 branches in India spread over all states/ union territories including 93 specialised branches. These branches are controlled through 48 Zonal Offices . There are 24 branches/ offices (including three representative offices) abroad.
The Bank came out with its maiden public issue in 1997. Total number of shareholders as on 30/09/2006 is 2,25,704.
While firmly adhering to a policy of prudence and caution, the Bank has been in the forefront of introducing various innovative services and systems. Business has been conducted with the successful blend of traditional values and ethics and the most modern infrastructure. The Bank has been the first among the nationalised banks to establish a fully computerised branch and ATM facility at the Mahalaxmi Branch at Mumbai way back in 1989. The Bank is also a Founder Member of SWIFT in India. It pioneered the introduction of the Health Code System in 1982, for evaluating/ rating its credit portfolio.
The Bank's association with the capital market goes back to 1921 when it entered into an agreement with the Bombay Stock Exchange (BSE) to manage the BSE Clearing House. It is an association that has blossomed into a joint venture with BSE, called the BOI Shareholding Ltd. to extend depository services to the stock broking community. Bank of India was the first Indian Bank to open a branch outside the country, at London, in 1946, and also the first to open a branch in Europe, Paris in 1974. The Bank has sizable presence abroad, with a network of 23 branches (including three representative office ) at key banking and financial centres viz. London, Newyork,Paris,Tokyo,Hong-Kong,and Singapore. The international business accounts for around 20.10% of Bank's total business
Tuesday, December 18, 2007
Interest rates
Interest rates to rise again by atleast 1.5% by Dec., 2007
After falling to a 15 year low of about 7.0% p.a. home loan interest rates are on the rise again.The rate on the Benchmark 10 year "Floating rate" home loan is currently about 11% and is expected to touch about 12.5% p.a. by the end of 2007. Fixed rate loans would continue to quote at about 1.5% above the rate on a floating rate loan.
Go for Fixed rate home loans only and protect against a rising EMI
Some new schemes:
Axis Bank : Offers Free Property and Personal Accident Insurance with Home loan
Bank of Baroda : Offers No processing fees for Home Loan and Take over
HDFC : Offers a Choice to choose your loan as Partly Fixed or Partly Floating.
ICICI : Offers Free Personal Accident Insurance with Home loan
Kotak Bank : Offers Free Personal Accident cover with Home Loan.
SBI : Provision to finance cost of furnishing and Consumer durables as part of project cost
Standard chartered Bank : It offers home loans with NO Gurantor
After falling to a 15 year low of about 7.0% p.a. home loan interest rates are on the rise again.The rate on the Benchmark 10 year "Floating rate" home loan is currently about 11% and is expected to touch about 12.5% p.a. by the end of 2007. Fixed rate loans would continue to quote at about 1.5% above the rate on a floating rate loan.
Go for Fixed rate home loans only and protect against a rising EMI
Some new schemes:
Axis Bank : Offers Free Property and Personal Accident Insurance with Home loan
Bank of Baroda : Offers No processing fees for Home Loan and Take over
HDFC : Offers a Choice to choose your loan as Partly Fixed or Partly Floating.
ICICI : Offers Free Personal Accident Insurance with Home loan
Kotak Bank : Offers Free Personal Accident cover with Home Loan.
SBI : Provision to finance cost of furnishing and Consumer durables as part of project cost
Standard chartered Bank : It offers home loans with NO Gurantor
Home Loans in Chennai
Now everyone can think of buying a house, thanks to cheap home loans. Easy home loans and at a low interest rate have made it simpler to purchase a house. More and more private and finance companies are jumping into the bandwagon of providing cheap home loans at a low interest rate and in an hassle free manner. So, on this page we have tried to list those finance companies and banks that offer home loans suiting your needs and fall under these categories- Housing Loans, Home Loans and Finance Companies. They provide cheap home loans at a low interest rate and have been picked up after much review and if you feel some site that you know can be positioned under these heads - Chennai Housing Loans, Home Loans Chennai,Chennai Finance Companies, please feel free to write to us. We welcome any kind of feedback that will enhance the performance of Indiahousing.com .
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