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Read more about Cholamandalam eyes mortgage-finance segment, to offer Rs 15 lakh loans on Business Standard. The company will target buyers of low-cost homes and offer loans of as much as Rs 15 lakh. A housing finance subsidiary will help the company grow its loan book faster, said Cholamandalam’s Executive Director Arun Alagappan.

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For mortgage loans, excluding home equity lines of credit, it includes the interest rate plus other charges or fees. For home equity lines, the APR is just the interest rate. Interest Rate. The cost a customer pays to a lender for borrowing funds over a period of time expressed as a percentage rate of the loan amount.

6 days ago · Mumbai: Man held for threatening loan recovery agents – The accused has been identified as Rana Bhatia who is a resident of Versova area of Andheri west

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