AXIS Bank personal loan india
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Now, pay more for personal loans
Brace yourself for another round of interest rate hikes. Lending rates - on housing, personal and auto loans - are expected to inch up some more after RBI on Tuesday hiked its key short-term rates by 25 basis points (100 basis point=1%). The only saving grace is that you are also likely to earn more on your deposits.
UTI Bank and other PSU banks are expected to take a rate hike decision by end-July. Rates are expected to inch up on other retail products like personal loans and auto loans also.UTI Bank opens branch in Jalandhar
UTI Bank yesterday stepped into Jalandhar with Mr S. Chatterjee, Executive Director, inaugurating the bank's branch at 50, Badri Dass Colony, Mahavir Marg.
The bank which was promoted in 1994 by the Unit Trust of India, the Life Insurance Corporation and the General Insurance Corporation and its four subsidiaries, has a network of 146 branches, 53 extension counters and 852 ATMs across the country. The branches are spread across more than 80 cities and towns.Apart from housing, vehicle, education and personal loans, the bank offers depository and financial advisory services to customers. The bank has also signed an MoU with the department of Post and Telegraph to enhance its reach through the post office outlets.Personal loan news in India....
- Riding up the sweepstakes - Business Standard
Riding up the sweepstakes Business Standard So, 800 officers have been trained for loan appraisal alone. Similarly, 5000 employees in the 1000 personal banking branches responsible for selling ... and more » - 21 hours ago
- Centre may modify the direct tax code - Rupee Times
Centre may modify the direct tax code Rupee Times According to the proposed direct taxes code there would be no tax incentives for loan-funded house purchases that are for personal use. ... Direct tax code may spare home loansEconomic Times all 7 news articles » - 7 hours ago
- Banks seek freedom to price loans - Economic Times
Banks seek freedom to price loans Economic Times This ceiling applies to borrowings by farmers and small businessmen in rural India as personal loans are exempt from this cap. If banks are granted freedom ... and more » - 7 days ago
- Long-term debt programs of Indian firms rated by ICRA : PART II - Reuters India
Long-term debt programs of Indian firms rated by ICRA : PART II Reuters India ... Ltd. (Indian Retail ABS Trust Series 68) Second Loss Cr Collateral LBBB(SO) 80.1 Assigned ICIC Bank Personal Loan-Direct Assignment Dec-06 Personal Loan ... and more » - 8 days ago
- A financial review of 2009 from A to Z - Telegraph.co.uk
Telegraph.co.uk A financial review of 2009 from A to Z Telegraph.co.uk Sir David Jones, appointed as the anti-sleaze chairman, took the rather surprising decision of accepting a £1.5m personal loan from Ashley, ... - 8 hours ago
Bankers fear slump in loan disbursals as rates increase
Bankers foresee a slowdown in loan disbursements for the near-term largely on account of higher interest rates following the unexpected hikes in the repo rate and cash reserve ratio (CRR) on Friday.
The repo rate, the rate at which banks borrow funds from the Reserve Bank of India (RBI), was hiked by 25 basis points to 7.75% on Friday. The 50 basis points hike in the CRR will suck out Rs 15,500 crore from the banking system. These hikes have left banks with no choice but to hike their lending rates. ICICI Bank, YES Bank, UTI Bank and HDFC have already raised their PLR. Others are likely to follow soon.Bankers say that demand for home loans, auto loans and personal loans will slide.Attractive features of personal loan from AXIS bank
* Loans for salaried and self employed individuals
* Special loans for doctors, chartered accountants, engineers, architects, CS and ICWA* Loans are available from Rs 50,000 to Rs 20 lacs* Repayment tenures from 12 to 60 months* Attractive interest rates* Free personal accident insurance cover with personal loan* Loans can be used for any purpose with no questions asked regarding the end use of the loan* A balance transfer facility available for those who want to retire any higher cost debt* Loans available against repayment track record of any existing auto, personal or home loan* Loans available against proof of life insurance policy or premium receipts* Zero balance SB account facility for personal loan customers* Simple procedure, minimal documentation and quick approvalPrintShare it! — Rate it: up down flag this hub
Surjeet Singh Rawat says:
2 months ago
Dear Sir/ Mam
I need personal /vehicle Bike loan from Axis bank please help me bcs I am customer of Axis Bank.
Thanking you