Surya Financial Infotech

You can book an appointment with the Pollachi Home Loan Centre   by requesting a callback through SBI Home Loans, calling SBI’s Contact Centre to schedule with the Pollachi R&DB RACC team, or emailing the branch mailbox with your preferred date and time; all channels route you to the home loan officer for this location. Walk-in scheduling is also possible during listed working hours if you prefer in-person coordination at the centre.​ Fastest options Call SBI Contact Centre and ask to schedule with the Pollachi R&DB RACC home loan officer; toll-free numbers: 1800 1234, 1800 2100, 1800 11 2211, 1800 425 3800.​ Use the Home Loans portal’s “Get a Callback” under Contact/Support and mention “Appointment with Pollachi R&DB RACC”; you’ll receive a call to fix the date and time.​ Email the branch mailbox sbi.62475@sbi.co.in with your details and two preferred slots to have the home loan officer confirm an appointment.​ For central routing, email SBI’s home loan customer-ca...

  Home, car and personal loan repayment amounts are likely to reduce sooner after banks cut lending rates starting October. The Reserve Bank of India ( RBI ) has changed its rules, giving lenders more room to pass on rate benefits to customers.   What has changed Under earlier rules, banks could not change certain parts of the loan spread (the components added over the benchmark rate) for at least three years. This slowed down reduction in the repo-linked lending rates .   The RBI has removed this three-year lock-in. This means:   Banks can reduce the non-credit-risk portion of the spread whenever they lower lending rates.   Borrowers will no longer have to wait for years to feel the full impact of monetary policy cuts.   Those with floating-rate loans will be the direct beneficiaries.   Borrowers can choose   The RBI has also continued a facility introduced last year. At the time of interest rate reset, borrowers on floating-rate loans can cho...

  RBI changes loan rules: New norms likely to boost policy transmission, benefit existing borrowers, say experts Earlier, the spread charged to a borrower could be altered once every three years. The Reserve Bank of India’s (RBI) decision to allow banks to reduce the spread component on loans offered before three years will benefit existing customers and further aid monetary policy transmission , experts said. To benefit existing borrowers, the RBI, on Monday, said, “…the other spread components may be reduced by banks for a loan category earlier than three years for customer retention, on justifiable grounds, in a non-discriminatory manner, and in terms of the bank’s policy”. The new norms will take effect on October 1. Spread refers to the additional percentage that lenders add to the benchmark interest rate, such as the external benchmark rate or the marginal cost of funds-based lending rate (MCLR) by banks, when determining the final lending rate to a borrower. Banks typicall...

  Buying a property is more than just an investment — it’s often the fulfilment of a lifelong dream and the culmination of years of hard work. That’s why protecting your investment before finalising an apartment is essential. This guide walks you through everything you should check before signing on the dotted line — from legal documents to builder reputation, location, layout, financial planning, and even key clauses in your sale agreement. 📝 Legal Documents: The Foundation of Ownership In real estate,  the paperwork is the property . If the documents are wrong, incomplete, or missing, you don’t own a home — you own a problem. Here are the most important documents to check before buying an apartment: 1. Encumbrance Certificate (EC) The  EC records  all transactions that have occurred on a given property, including any mortgages , and shows the flow of ownership over time. Why it matters:  It reveals if the property has any legal or financial liabilities — like...

Home Loans in India ’s New Financial Year   You’re likely to see slightly lower floating home loan rates , easier credit for affordable housing , and stricter borrower safeguards in FY 2025–26 ; the best move is to reprice or refinance if your rate is >30–50 bps above market and choose the tax regime that maximizes your net take‑home after home-loan deductions. What this means now Repo cut to 6.25% should transmit to repo-linked (RLLR/EBLR) loans faster than to MCLR /fixed; expect 10–30 bps moves first, with more over your next reset dates. PSL changes may make sub-₹50–60 lakh affordable tickets easier to sanction with modest rate concessions if your property and ticket size qualify. With prices projected up ~6.5% in 2025, affordability may tighten; lock a good rate/price earlier if your finances are ready. New tax regime vs old: Old regime benefits borrowers who can use Section 24(b) interest and Section 80C principal deductions; the new regime suits those with few deducti...