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Getting a home loan? Stamp duty, registry charges may get covered if this proposal by banks is approved by RBI

India Business News: In a Rs 1 crore project with Rs 20 lakh in stamp duty and registration charges, borrowers could be eligible for Rs 75 lakh loans. ....

Reserve Bank , Car Loan , Financial Stability Report , Business News , Stamp Duty , Registration Charges , Home Loan Rules , Home Loan , Affordable Housing ,

Banks moot covering stamp duty, registry charges in home loans, ET RealEstate

Lenders reached out to the Reserve Bank of India (RBI) after internal deliberations in a meeting held last month, they said. At present, such charges are not covered in the home loan amount. ....

Reserve Bank , Financial Stability Report , Reserve Bank Of India , Home Loans , Registration Charges , Stamp Duty ,

Banks moot covering stamp duty, registry charges in home loans

Lenders reached out to the Reserve Bank of India (RBI) after internal deliberations in a meeting held last month, they said. At present, such charges are not covered in the home loan amount. "We are hoping that the RBI will take a favourable decision, and this will increase the loan amount to an individual. Since the housing loan is backed by collateral, it will not add to any undue risk," said a senior bank executive, who did not wish to be identified. ....

Reserve Bank , Moot Covering Stamp Duty , Registry Charges , Financial Stability Report , Banking Sector , Loan Amount , Reserve Bank Of India , Registration Charges , Home Loans ,