Wednesday, December 10, 2014

Banks at a fixed rate home loan schemes have begun again

                 Hear the sound of cheap loans at a fixed rate home loan scheme, banks have begun again. Due to costly bank loans and floating rate loans were interest.
                Given the expected fall in interest rates on bank fixed rate home loan scheme are bringing. Such a scheme is to launch the country's third-largest bank by Axis. The bank loan of 20-year fixed interest rate of 10.40 percent is provided.
                 It offers a fixed rate home loan is for affordable housing for a limited period. 50 lakh customers will be able to carry on fixed rate home loan. However, a loan of Rs 50 lakh under the scheme will be available only in big cities, while other cities will only loan up to Rs 40 lakh.
                  The scheme would provide benefits only when the price of housing in cities and Rs 65 lakh and Rs 50 million less than in other cities. Do not come under the purview of the home loan scheme, for those over 20 years will have to pay interest at the rate of 11.75 percent.

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