How is investing in Gold ETF better than jewellery?
What is the right way to invest in gold? Why should you not invest in gold jewellery? What is the benefit of investing in Gold ETF? What should be the share of gold in the portfolio?
Home loan interest rates have dropped to a 10-year low, offering a compelling opportunity to the prospective homebuyers to take the plunge. Not just the public sector banks, private sector lenders have also slashed their rates.
Here’s a look a how much EMI you’ll have to pay if you sign up for a home loan of Rs 30 lakh for a 20-year tenure from these banks:
Kotak Mahindra Bank: The lender is offering home loans at an interest rate of 6.65%. Your monthly EMI for a Rs 30 lakh loan would come down to Rs 22,663 per month for 20 years.
State Bank of India: The country’s largest lender is offering home loans at an interest rate of 6.7%. Your monthly EMI for a Rs 30 lakh loan would come down to Rs 22,722 per month for 20 years.
HDFC: The lender is offering home loans at an interest rate of 6.75%. Your monthly EMI for a Rs 30 lakh loan would come down to Rs 22,811 per month for 20 years.
ICICI Bank: The lender is offering home loans at an interest rate of 6.8%. Your monthly EMI for a Rs 30 lakh loan would come down to Rs 22,900 per month for 20 years.
PNB Housing: The lender is offering home loans at an interest rate of 7.35%. Your monthly EMI for a Rs 30 lakh loan would come down to Rs 23,893 per month for 20 years.