HOME LOAN AND RATE OF INTREST OF SBI ? ITS LIKE A DREAM FROM PEOPLE WHO BUY THEIR HOME WITH THE HELP OF LOAN | IN WHICH PERSON WHO TAKING HOME CAN MORTGAGE (IN HINDI GIRVI RAKHA ) TO BANK .
bank will fund behalf of you to seller from were are purchasing the property . its else from individual or from builder or from Authorities like in Delhi its called DDA properties(Delhi development authority ) . in Haryana its name a HUDA (Haryana development authority ). all states have their own authorities .
TYPES OF BANK AVAILABALE IN INDIA
PUBLIC SECTOR BANK
PRIVATE SECOTOR BANK
NON BANKING FINANCIAL COMPANY (NBFC )
PUBLIC SECTOR BANKS
INDIAN GOVERNMENT ENTERED THE BANKS AND BANKS BUSINESS WITH NATIONALISATION OF THE IMPERIAL BANK OF INDIA IN 1956.WERE THE RESERVE BANK OF INDIA AND NEW BANK RISE NAME STATE BANK OF INDIA TOOK STAKE OF 60 %. AND IN 1959 STATE BANK OF INDIA ( SUBSIDAIRY BANK )Act seven other banks are subsidiary .
1.STATE BANK oF INDIA
2.BANK OF BARODA
3.UNION BANK
- CENTRAL BANK OF INDIA
- indian overseas bank
- Canara bank
- Punjab national bank
- BANK OF INDIA
- BANK OF MAHARASTRA
Private sector bank and their full form
1.icici bank -Industrial credit and investment of India
2.Hdfc bank – Housing development finance corporation Bank
3.Axis bank – Indian multinational banking and financial services company
4.kotak bank – Indian banking and financial company
5.INDUSIND BANK
6.RBL BANK
7.FEDERAL BANK
8.IDBI BANK
9.YES BANK
10. AU SMALL FINANCE BANK
11.DCB BANK
Top Nbfc (non banking finance company )
1.Tata housing finance
- Aditya Birla
- Bajaj housing finance
- Shriram finance ltd
5.L&T finance holding ltd
6.Lic housing finance ltd
7.Indian bulls name changed in 2024 SAMMAN
Tax benefit’s on home loan
Tax benefits under section 80EEA and section 24b Income Tax act 1961. person get tax benefit of 2 lakhs . who apply for home loan . and no tax rebate on loan against property .a loan name also a TERM LOAN.
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