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The interest rates on personal loans are higher than those on home, car, or gold loans
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New rates set at 6.95% from 6.7% earlier, to be applicable from April 1
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"During the quarter, pursuant to the buyback option embedded in the home loan arrangement between the Corporation and HDFC Bank, the Corporation assigned loans to the bank amounting to Rs 7,503 crore," HDFC said in a regulatory filing
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The agreement will help the company drive financial inclusion by providing easy access to CIBIL score and report to consumers through the Nextgen Vakrangee Kendra network.
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The scheme christened Griha Varishtha is designed for employees or pensioners covered under the Defined Benefit Pension Scheme
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Sometimes people borrow more than what they are capable of repaying and as a result, they fall into a debt trap
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While housing loans picked up pace in the third quarter of 2020-21, education loans are yet to catch up
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Consider the pros and cons before taking unsecured and secured loans
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Most people took advantage of the moratorium period announced during covid-19 outbreak and stopped paying EMIs
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With this revision in Baroda Repo Linked Lending Rate, the lender is offering home loans at a rate starting from 6.75% and car loans beginning from 7%