Home Loan Interest rates in all Banks

Bank Name	Floating Interest rate	Per lac EMI	Processing Fee	Prepayment Charges	% Change in last 6 mths
State Bank Of India	10.05%	Rs.968	Up to 25 lacs : 0.125% of loan amount minimum Rs.1000/- 25-75 lacs : Rs.3,250/- 75 & above : 5,000/-	Nil	No Change
ICICI Bank	10.40%	Rs.992	0.50% of loan amount upto 1 crore	N.A	2.46%
HDFC Ltd	10.40%	Rs.992	0.5% or maximum 10,000+service tax (12.36%)	No prepayment charges shall be payable for partial or full prepayments irrespective of the source	2.46%
HSBC Bank	11% - 11.25%	Rs.1032 - Rs.1049	1% of the loan amount applied for, subject to a minimum of Rs 10000 plus service tax. This fee is payable on application and is not refundable	Nil	N.A
LIC Housing	10.35% (for female applicants) or 10.60% (for male applicants)	Rs.988 (for female applicants) or Rs.1005 (for male applicants)	Up to 50 lacs : 10,000 +(Service tax) 50 lacs & above : 15,000 +(service tax)	Nil	No Change
AXIS Bank	10.25% (Upto 25 Lacs), then 10.75%	Rs.982 (Upto 25 Lacs), then Rs.1015	0.5% of the loan amount (Max. 10000/- + service tax for Salaried)	Nil	No Change (Upto 25 Lacs), then 1.42%
IDBI	10.25%	Rs.982	Up to .50%of loan amount (Rs 2500 to be collected at login and balance at the time of sanction )	If Balance Transfer then 2% Otherwise Nil	No Change
PNB Housing Finance	10.50% (For Salaried/SEP), 11% (SENP)	Rs.998 (For Salaried/SEP), Rs.1032 (SENP)	0.5%	NIL	No Change
ING Vysya	10.75%	Rs.1015	0.5% of the loan amount	NIL	N.A
Standard Chartered	10% (Upto 25Lacs), then 10.25% - 10.50%	Rs.965 (Upto 25Lacs), then Rs.982 - Rs.998	Rs.5500/- + Service tax	NIL	0.10% (Upto 25Lacs), then 0.98% - 2.43%
Citibank	10.75%	Rs.1015	0.25% or 5,000 + 12.36%( service tax)	NIL	4.87% (Upto 25 Lacs), then 2.38%
Deutsche Bank	10.50%	Rs.998	12000 + Service Tax	Nil	N.A
DHFL	11%	Rs.1032	1% for Salaried & 1.5% for SENP	NIL	2.32%
India Bulls	10.40% (Upto 25Lacs), then 11%	Rs.992 (Upto 25Lacs), then Rs.1032	Up to 30 lacs 5,000+12.36%(Service tax) 30 lacs & above : 15,000+12.36%(Service tax)	NIL	2.42% (Upto 25Lacs), the 2.32%
Federal Bank	10.50%	Rs.998	7,000 + Service Tax	N.A	No Change
Allahabad Bank	10.20% (Upto 25Lacs), then 10.45%	Rs.978 (Upto 25Lacs), then Rs.995	0.50% of loan amount, Maximum Rs. 10,000/-	NIL	N.A
Bank of Maharastra	10.55% (Upto 25lacs), then 10.75%	Rs.985 (Upto 25lacs), then Rs.1015	0.50% (Max. Rs. 50,000/-)	Nil	2.42% (Upto 25lacs), then 2.38%
Central Bank of India	10.25%	Rs.982	0.50% of the loan amount subject to maximum of Rs.20,000/-	Nil	2.38%
Corporation Bank	10.25%	Rs.982	0.50% of Loan amount (Max.Rs.50,000/-)	NIL	2.38%
Bank of India	10.25%	Rs.982	0.25% of loan amount. Min.Rs.1,000 and Max. Rs.20,000	Nil	2.5%
Union Bank of India	10%	Rs,965	Processing charges are 0.50% of the loan amount subject to maximum of Rs. 15,000	NIL	2.44%
United Bank of India	10.25%	Rs.982	0.50% of the loan amount	N.A	2.38%
UCO Bank	10.20%	Rs.978	0.5% of the loan amount, minimum Rs.1500/- & maximum Rs. 15000/-	NIL	N.A
Bank of Baroda	10.25%	Rs.982	Loan upto Rs.30 Lacs - 0.50% (Minimum Rs.5,000/-) Above 30 Lacs - 0.40% (Min. Rs.15,000/- & Max. Rs.50,000/-)	N.A.	N.A
Canara Bank	9.95%	Rs.962			4.78%
Oriental Bank of Commerce	10.25%	Rs.982	0.50% of the loan amount, subject to maximum of Rs. 20000/- plus service tax	NIL	No Change
Kotak Bank	10.75%	Rs.1015	0.25% - 0.5%	2% on Balance transfer else NIL	N.A
Dena Bank	10.25%	Rs.982	0.50% of sanctioned limit	N.A	0.48%
Punjab National Bank	10.25%	Rs.982			N.A
First Blue Home Finance	10.25% (for Salaried / SEP), 10.75% (For Self Employed) (Upto 25Lacs), Then 10.75% (for Salaried / SEP), 11.25% (For Self Employed)	Rs.982 (for Salaried / SEP), Rs.1015 (For Self Employed)	Salaried: Up to 30 lacs :7300 30 - 75 lacs : 11800 75 lacs & above : 15,000 + service tax(12.36%)	Nil	N.A
Vijaya Bank	10.50%	Rs.998	0.25% of loan amount. Maximum Rs.10000. Exclusive of Service Tax	N.A	N.A
Syndicate Bank	10.25%	Rs.982	upto Rs.25 lacs - 0.25% (Min Rs 1000 - Max Rs 5000) 26 lacs to 75 lacs - 0.55% (Max.Rs.500/-) above Rs.75 lacs - 0.55% (Max Rs.10000/-)	N.A	2.38%
Indian Overseas Bank	10.25%	Rs.982	A flat rate of 0.58% of the loan amount- maximum of Rs. 10,190/- There is no hidden charge. This is subject to change from time to time without prior intimation.	N.A	N.A
Development Credit Bank	11.50%	Rs.1066	1%	Nil	N.A
State Bank of Travancore	10.25%-10.50%	Rs.982 - Rs.998	Processing fees stands reduced by50% of normal charges during the campaign period	NIL	N.A
Tata capital Housing Finance ltd	10.75%	Rs.1015	0.5 to 1% off the loan amount.	N.A	N.A
Dhanalakshmi Bank	Scheme I: 11.50% (Fixed for 1 yr), Then 12% Scheme II: 12%	Scheme I: Rs.1066 (Fixed for 1 yr), Then Rs.1101 Scheme II: Rs.1101	1% + service tax	N.A	N.A
Indian Bank	10.20%	Rs.978	Nil	Nil	No Change

http://www.deal4loans.com/home-loans-interest-rates.php

Personal Loan interest rates

Banks/Rates	Salaried
	CAT A	CAT B	Others	Pre Payment Charges	Processing Fees
ICICI Bank	13.99% - 14.75% (For Special Companies) 15.50% (Salary Above 75,000) 16% (Salary 50,000 -75,000) 17% (Salary 30,000 -50,000) 18.25% (Salary 20,000 -30,000) 18.50% (Less Than 20,000)	15.50% (Salary Above 75,000) 16% (Salary 50,000 -75,000) 17% (Salary 30,000 -50,000) 18.25% (Salary 20,000 -30,000) 18.50% (Less Than 20,000)	15.50% (Salary Above 75,000) 16% (Salary 50,000 -75,000) 17% (Salary 30,000 - 50,000) 18.25% (Salary 20,000 -30,000) 18.50% (Less Than 20,000)	5%	2% - 2.25%
HDFC Bank	13.99% - 14.75% (For Special Companies) 15.75% (for 75,000 & above salary) 16.25% (for 50,000-75,000 salary) 16.75% (for 35,000-50,000 salary) 17.75% (below 35,000 salary) 12.99% - 14% (Special Rates for Loan Amount b/w 10lacs - 20lacs)	15.75% (for 75,000 & above salary) 16.25% (for 50,000-75,000 salary) 16.75% (for 35,000-50,000 salary) 17.75% (below 35,000 salary) 12.99% - 14% (Special Rates for Loan Amount b/w 10lacs - 20lacs)	20%	4%	0.8% - 1.75% (for Special Companies) 2% (HDFC
Bajaj Finserv	15% - 16%	16%	16.50% - 17%	Nil Prepayment	Upto 2%
ING Vysya	13.99% (for 1lac & above salary) 14.25% (for 75,000 - 1lac salary) 15.75% (for 40,000 - 75,000 salary) 17.25% (for 30,000 - 40,000 salary 0.5% Waiver for Ing Salary Account Holder)	13.99% (for 1lac & above salary) 14.50% (for 75,000 - 1lac salary) 16.25% (for 40,000 - 75,000 salary) 17.25% (for 30,000 - 40,000 salary 0.5% Waiver for Ing Salary Account Holder)	14.99% (for 75,000 & above salary) 16.75% (for 40,000 - 75,000 salary) 18.25% (for 25,000 - 40,000 salary 0.5% Waiver for Ing Salary Account Holder)	Nil Foreclosure Charges Special Offer. Valid till (30th Sept'13	1.5% (For ING Salary Account Holder), other wise 1.75% - 2%
Kotak Bank	13.99% (For Special Companies) 15%	16.50%	18% - 19%	4%	0.75% (for Special Companies) else 2%
State Bank of India/SBI (SBI Saral)	18.25%	18.25%	18.25%	N.A	N.A
Fullerton India	16% - 32%	16% - 32%	16% - 32%	4%	2%
Standard Chartered Bank	16% - 17%	17% - 18%	19% - 22%	2% - 5%	2%
HDBFS	16% (for 75,000 & above salary) 17% (for 35,000 - 75,000 salary) 18% (below 35,000 salary)	16% (for 75,000 & above salary) 17% (for 35,000 - 75,000 salary) 18% (below 35,000 salary)	17% (for 75,000 & above salary) 18% (for 35,000 - 75,000 salary) 21% ( below 35,000 salary)	NIL for Select Corporates Employees (CAT A & B) 4% For Rest	1% - 2%
Citibank	16% (upto 30,000 salary) 15% (above 30,000 salary)	17% ( upto 30,000 salary) 16% (above 30,000 salary)	17% (upto 30,000 salary) 16% (above 30,000 salary)	3%	1% - 2%
Axis Bank	15% (For Super CAT A) 16% (For CAT A)	17%	19% - 20%	Nil	2%
Andhra Bank	15.75% - 16.75%	16.75% - 18.75%			Rs250 - Rs1000/-
Bank of Baroda	14.75%	14.75%
Corporation Bank	14.50% ((undertaking letter required) )	N.A	N.A	N.A	N.A
United Bank Of India	16% (12%(For pensioners))	16% - 18% (12%(For pensioners))	16% - 18% (12%(For pensioners))	N.A.	N.A.
Vijaya Bank	16%	N.A	N.A	N.A.	N.A.
Indian Bank	13.70% - 14.20%	13.70% - 14.20%	13.70% - 14.20%	N.A	0.50% on the loan amount with min of Rs 500/-
Bank of India	15%	15%	15%	N.A	2%
Canara Bank	14.95%	14.95%	14.95%	N.A	0.25 %
Transfer your personal loan to HDFC Bank		As Low As 12.99%			Flat Processing Fee of Rs 999/-

Where CAT A refers to - Top 1000 companies CAT B refers to - Multi National Companies( MNC's ) CAT C refers to - Small companies Non Listed refers to - Smaller companies with 100 emloyees. Loan Surrogates refers to - Any running loan from any bank The factors which determine your Personal Loan interest rates are as follows: - • Income • Your Company Status • Credit and Payment history. • Relationship with the Bank you intend to take loan from. • Individual’s Negotiating Ability. Income : If your Income is above a certain limit, Banks believe that your chances of not paying are lesser as you have Income to pay. Income above 75 per month usually gets some discounts from all personal loan Banks. Your Company Status : If the company you are working with is a well known corporate, the Banks feel that you are less likely to shift from your job and will result in lesser defaults. Credit and Payment History : Banks follows Cibil scores/rating before deciding giving loans. If your payments forCredit Cards and Loans is not upto mark , you have the most likely chance of being rejected for the loan or the Bank will give you at a much higher rate. Relationship with Bank : The Bank where you have your Salary account/Savings account is likely to pass on you to some special rate for your personal Loans or Processing fee. Individuals Negotiating Skills : Based on your above points you can always ask Bank to give you waivers on Rates, Fees Etc.

RBI increases rate of interest subvention

To boost exports and attract dollars, the Reserve Bank of India (RBI) has decided to increase the rate of interest subvention on pre- and post-shipment rupee export credit for certain employment-oriented export sectors from two per cent to three per cent, effective August 1.

RBI has asked banks to reduce the interest chargeable on exporters according to the base rate system eligible for export credit subvention, subject to a floor rate of seven per cent. “Banks may ensure to pass on the benefit of three per cent interest subvention completely to eligible exporters,” RBI said.

“We can expect these steps to have an impact on the rupee a few months down the line. Immediately, these won’t help,” said a currency dealer with a public sector bank.

On Monday, the rupee again breached the 64-mark against the dollar, owing to month-end dollar demand from importers. It closed at Rs 64.31 a dollar, compared with its previous close of Rs 63.35, a depreciation of 1.52 per cent. During intra-day trade, it touched a high of Rs 63.65 and a low of Rs 64.75. It had opened the day at Rs 63.39. There is concern a slowing economy would make it tough to attract foreign institutional investors.

Last week, the rupee had touched an all-time low of Rs 65.56 against the dollar, after minutes of a US Federal Reserve meeting hinted the US was on course to taper its stimulus as early as next month.

Experts believe the rupee might fall further in the near term. “Current volatility and weakness, leading to fragile sentiment, have driven the currency to uncharted territory. In such an environment, the rupee could test further new lows with heightened volatility. That’s why market participants are reluctant to make near-term forecasts. However, we believe the current levels reflect the realistic value of the currency,” Rajesh Cheruvu, chief investment officer (India), RBS, said in a note to clients.

Tracking the weak rupee, government bond yields rose on Monday. The yield on the 10-year 7.16 per cent government bond ended at 8.34 per cent, compared with its previous close of 8.26 per cent. However, the auction of 48-day cash management bills for a notified amount of Rs 11,000 crore sailed through, despite the liquidity crunch in the system. The cut-off yield was 11.8936 per cent
.

Ten Money Saving Tips

Save Money Tip 1
Spend Less. This is not over simplifying the best way to save money! It is essential if you are serious about being a long term money saver and being able to save money every day. Review what you spend and look at ways you can save money. Consider making telephone calls for instance only at off-peak times. Do you really need to have newspapers and magazines delivered? Can you do without those coffees you buy at break time everyday - would a flask of coffee taken to work save you money? What about using the public lending library instead of buying books or music CDs? Once you start looking for little ways to save money and spend less you will quickly become an expert and really save money.

Save Money Tip 2 Establish a personal budget. This is essential for families and individuals and can be the fastest way to save money. You will instantly see your incomings and outgoings once you create your budget. You will not be able to save money unless you know how much money you have coming in, and how much money you have going out. Once you have prepared a budget of incoming money and outgoing money, you WILL be able to identify areas where you can save. It is MUCH more difficult to save money over a long period of time (the rest of your life?) without a budget.
Save Money Tip 3
Bulk is good. Think about shopping and buying in bulk. Save money grocery shopping by planning meals in advance and bulk-buying. You can also save money by cooking in bulk. This is a real way you can save money with little preparation and almost no extra outlay. Always purchase generics when you can. Prepared foods and convenience foods will always be much more expensive than the generic ingredients needed to make the food. Preparing food in bulk and in advance also gives you the opportunity to plan ahead and be more accurate in your budget. Save Money by buying in bulk whenever you can. One thing to be aware of when buying in bulk is to be sure that any product you buy will get used before it goes bad - you won't save money if you have to throw stuff away. Buying in bulk is not only a good way to save money it is also a good strategy for coping with and surviving emergencies. Save Money Tip Three

Save Money Tip 4
Make sure a sale is a sale. By this I mean do your price research before you commit to making an expensive purchase in a retailers money-off sale. You have to be sure the sale really is a sale and not a creative marketing strategy of the store to encourage you to spend your money without thinking. Once you have researched the true price of a product (any product) you are in a good position to take advantage of a sale, special offer or discount and really save money. "Buy one get one free", "50% off", and "Huge Discount" will only help you save money if the actual price you pay is lower than you would pay somewhere else for exactly the same product.

Save Money Tip 5
Buy used. Sure, we all like to buy new. But there are huge money savings to be made in buying used. Typically cars lose one-third of their value in the first 24 months from new. Why not buy a car 24 months old? Other items such as clothes can be worth even less just the day after new. Look for ways to buy "as good as new" items and save money. Typical products you might consider buying used to save money include: cars, clothes, electrical goods, garden items... tools and sheds, household items... pots and pans, the list of used goods where you can save money is endless.

Save Money Tip 6
Don't carry excessive debt. Some debt in our lives may be essential. We may need a mortgage to purchase a home, we may need to use our credit card to make purchases until pay-day, but your aim to save money should be to have as little debt as possible. Credit Card deb is typically the most expensive debt we may carry. You will be able to save money every month if you make it an absolute rule to pay off your outstanding balance every month. If you can have the discipline to do this you will save money by effectively having no debt, and thus no interest charge on your credit card(s).

Save Money Tip 7
Save Money. No, I mean really save some money. Each week or each month get into the habit of putting an amount, however small into your savings. You could start by saving a very small fixed amount each time and then move to putting in larger amounts once you begin to save money from your other money saving strategies. You will find that by saving money on a regular basis you will quickly build up a store of reserve money and also feel motivated to save more. The hardest part is to take the first step and start saving money - so START TODAY and save some money NOW! If you find it impossible to save money once you have it, consider having money deducted from your paycheck direct each month. This can be a great way to save money rapidly as once it is set up you will not notice it is being collected and your savings will grow with no more effort from you.

Save Money Tip 8 Shop Wisely. Consider markets, superstores, farmer's markets, local shops, marts and stores. Anywhere is worth checking out to see if you can save money. Farmer's Markets can be particularly good places to save money. Typically you are buying direct from the producer of the product so the savings are passed on to you. Use your bulk buying strategy here - farmer's markets often offer opportunities to save money by buying larger quantities of staples, for instance potatoes, rice or corn. Save money and shop wisely.

Save Money Tip 9 Eat in rather than out. This is a huge area where you can save money. A cup of coffee taken out could easily cost you TWENTY times (or more) what it would cost you to make it at home. So think before you drink when you are out. Eating is the same. Fast food restaurants are counting on you eating food that you perhaps don't really need at that time but buy just because it is quick. Why not wait until you get home and have a more nutritious meal and save money at the same time.

Save Money Tip 10
Use less. This money saving tip is a lesson we all need to learn. We live in a consumer society where waste is a huge problem. If we could all use and consume less there would be less waste, less power consumption, and the benefits for you are SAVING MONEY. Consider using less shampoo when you wash your hair, this may not mean washing your hair less effectively it means not flushing the excess shampoo and your money down the drain. What about saving on heating? Turn the thermostat down or put on extra clothes when you are cold. Turn off lights, the TV and the computer when they are not in use. Each little saving you make will build up and enable you to save money. Huge savings in energy can be made which will save you money and be good for our planet and the other people on it.

Tips For Money Savings on Food

Thinking of cutting down your expenses on food? Then you should read the following tips. They will surely help you on reducing your food expenses. They are by no means comprehensive but they will be very useful.

Money Savings on Food – Money Saving Tips

1.For coffee drinkers

It is a good idea to re-use the grounded coffee once. Using coffee grounds two times or more will not greatly affect the taste of the coffee. It is highly encouraged to do this using a filter that is permanent and avoid the paper variety. Keep the grounds refrigerated until using it the following day.

2.For bread lovers

Grocery stores sell bread that was made the day before at a much lower price. There is nothing wrong with eating bread that was made the day before since it still is good to eat. If you have a lot of space in your refrigerator, store a lot for bigger savings. If you will eat the bread, you can defrost it using your microwave oven. Re-heat it every 30 seconds to prevent the edges of the bread from getting too hard.   

3.When buying from the grocery

Before going to the grocery, you should have already made a list of all the things that you really need. Prioritize basic goods and avoid buying things that you do not really need. Observe the prices indicated on the displays. Remember, branded products cost considerably more than store brands. It is also a good idea to keep the receipt of your previous trip to the grocery and make it as a basis for your purchases on your next trip. To have higher savings, buy more of the product. You can always store it in your refrigerator or in the house to minimize your trips to the grocery store.

4.When eating outside

If you are going to eat in a pricey restaurant, the best time for you to go there would be during lunch. Food during lunch usually costs less and this will be to your advantage. When staying at the hotel on your trips, it is a good idea to check if they also include breakfast in your total room charge. You should also find out where the locals eat. Chances are, they will eat where the food is great and the price is even better. When going around, carry with you some snacks. A chocolate bar, chips, and cookies will go a long way while strolling around.

Eating cheaply does not necessarily mean eating bad food. Look around and you will be suprised at the options you can choose from. Take time and consider your choices so that you will not only eat a lot but save some money also.