Special home loans for salaried class by IndiaBulls Financial
By Joseph Samson
Sep 9, 2010
Print    Email    RSS   

IndiaBulls Financial has come up with a special home loan scheme especially targetted to the salaried class. The scheme offers home loans at 8.5% interest.

The scheme would allow the borrower to pay interest of 8.5% for the first year, 9.5% for the second year and there after the rate would be a floating one at 9.5%.

"Introduction of this new home loan scheme at 8.5 per cent is a move to augur the aggressive growth plans, with an annual target of Rs. 6,000 crore worth new home loans disbursement," Indiabulls Financial Services CEO Gagan Banga said.

"We plan to grow our home loans business by 40 to 45 per cent this fiscal and increase our market share from the current 4 per cent to 10-15 per cent by 2014," Banga said.


(Comments Posted : 0) Post Your Comments
Show All Comments
 Select a product:

 Select a product:

The right age for home loans!
Know About Different Types of Home Loans...
12 point conduct checklist for bank and...
IBA to push for MIBOR as the benchmark rate
Evaluate Hidden costs before buying a house

PINJORE: CaℒL Giℛℒs In PiNjOrE 09915787550...
PINJORE: CaℒL Giℛℒ In PiNjOrE 09915787550...
how to gate my home loan certificate

Canara Bank earned a profit of 60%. Feb 6, 2015
New Branch of Laxmi Vilas bank at Vijayawada Jan 30, 2015
Home loan EMIs expected to drop down Jan 21, 2015
Corporation Bank received MSME banking excellence award 2014 Jan 19, 2015
Home loan rates set to fall, after reduction in repo rate Jan 16, 2015
News Archive