Subash Periyasamy

smart😎😎😎......

[K. RAJESH @rajeshkmoorthy]

வீட்டுக்கடன் வாங்கியவர்களுக்��ு, RBI யின் நற்செய்தி.

இனிமேல், உங்களது ஒப்புதல் இல்லாமல், வீட்டுக்கடன் காலத்தையோ, EMI யோ வங்கிகள் மாற்ற முடியாது. நீங்களும் முடிவு எடுக்காமல் காலம் தாழ்த்த முடியாது.

வீட்டுக்கடன் வட்டி ஏறினால், அவர்களாகவே EMI செலுத்தும் காலத்தை ஏற்றிவிட்டு உங்களை அத��்கு உடன்படச் சொல்ல முடியாது. உங்களது முடிவிற்கு (EMI காலம் அதிகரிப்பு / EMI அதிகரிப்பு / வட்டி விகித மாற்றம் என்பன போன்ற சில) அவர்கள் இனி கட்டுப்பட வேண்டும்.

#HomeLoan Borrowers - Good News for you from #RBI

Borrowers of large floating-rate loans have had a rough time in the past year. Rates on their floating-rate loans have changed quickly because interest rates keep increasing. The RBI has made a new plan for changing floating rate loans in response to the many complaints about lenders making changes without telling borrowers or getting their permission first. Here's how the new steps will help people who are borrowing money.

When the interest rates on a loan with a variable rate go up, the EMIs may go up, the loan term may get longer, or both. In this area, however, lenders don't follow any rules. Banks and NBFCs still have complete freedom over how to restart loans with floating rates. Most of the time, the lender doesn't tell the user about the reset. No one agrees on how the restart should be done, whether the EMIs should go up or the loan term should be lengthened. Depending on the loan size and how many years are left until it's paid off, both options affect the user differently. Most banks have forced unlucky borrowers to take out loans with longer terms, which can add up to 5–7 years of extra EMIs. The interest paid is much less when EMIs are raised instead of the loan term. This is especially true in the first few years when the interest paid is more than the principal paid.

Under the new rules, lenders must be more explicit about their actions. When the loan is approved, the lender must clarify to the clients how a change in the benchmark interest rate could affect the loan, which could affect the EMI, the loan tenure, or both. Because of these changes, if the EMI or loan term goes up in the future, the borrower will need to be told immediately through the proper channels.

Also, lenders must allow borrowers to switch to a fixed rate when interest rates are reset, according to their Board-approved policy. The lender must also say how often a user can switch during the loan term. The RBI has given the borrowers the power to decide which interest rate choice they want. Based on their Board-approved policy, it is still up to the loan to decide how often the borrower can switch between the two interest rate plans.

The borrowers can also choose how the restart will happen—whether they want their EMIs to go up, their loan terms to go on longer, or a mix of both. Before now, if rates went up, lenders would extend the length of the loan. If the user wanted an EMI, they had to contact the lender. Banks might no longer be able to decide about specific parts of a loan without telling the user. Home loan borrowers who still have several years to pay back their loans will no longer have to pay as much interest. The directive is supposed to help home loan borrowers a lot since they usually have to pay EMIs for a long time.

Borrowers will also have the option to pay back the loan early, either in whole or in part, at any time during the loan term. Depending on the policy, banks may charge fees for foreclosure or penalties for paying off a loan early. This must be made clear to the user. Banks have the right to make their own rules, but lenders won't be able to charge prepayment fees for loans with variable rates. However, prepayment fees will still be added to loans with set rates.

Negative amortisation has also been stopped by the RBI. This happens when, even though you pay your EMI, the amount you owe goes up because you are not paying enough to cover the interest. When lenders reply to higher interest rates by making loan terms longer, the fixed EMI payments may not be enough to cover the growing interest obligation. This meant that the amount of capital still owed on loans kept increasing.

#homeloan #interest

Image Courtesy: ET

[Subash Periyasamy @Subash07P]

@kasi_theatre #Viswasam

[Subash Periyasamy @Subash07P]

@igtamil #AsuranBlockbuster

[Subash Periyasamy @Subash07P]

@CSKFansOfficial @ChennaiIPL @ShaneRWatson33 Really I loved this MAN @ShaneRWatson33 After @msdhoni

[Subash Periyasamy @Subash07P]

@sunpictures

[LUXE JAZZ CINEMAS @jazzcinemas]

Which upcoming movie are you most looking forward to?
Like - #Thalapathy63
Retweet - #AK59

#Jazzcinemas #ThalapathyVijay #ThalaAjith #upcomingmovies #Luxe

[Kollywood Cinima @KollywoodCinima]

Which film you loved the most?

#Viswasam - Retweet
#Petta - Like

Our #KcReview #Viswasam 3.75 #Petta 3.5

#PeoplesFavouriteVISWASAM #PettaParaak #Kollywoodcinemaa Poll #Thala #Ajith vs #Thalaivar #superstar #Rajinikanth

[Shankar Shanmugham @shankarshanmugh]

#indian2 Hi everyone! “ Happy Pongal”

[Ramesh Bala @rameshlaus]

Wondering how #BoxOfficeIndia got #Petta Box office nos..

https://t.co/g3OgMXnOl0

[Sibi_Yogan @SibiYogan]

This is absolutely stunning work by Thala fans @RohiniSilverScr. Totally made with plastic bottles..!!!..👌

#ViswasamThiruvizhaOnJan10

[Ramesh Bala @rameshlaus]

Your Most Expected 1st Half of 2019 Tamil Movie is.. #2019MostExpectedPoll

[KJR Studios @kjr_studios]

#Viswasam censor certificate is here! Get ready for 2 and half hours of #Thala dharisanam 😎😎 Area-wise theatre list coming out by the end of today 💪

#ViswasamFromJan10th #Ajith #Nayanthara @directorsiva @SureshChandraa @AntonyLRuben @SathyaJyothi_

[Sathya Jyothi Films @SathyaJyothi]

100K likes for the massive #ViswasamTrailer in 4 minutes.

⏩ https://t.co/XdoiDYZDt4

[Done Channel @DoneChannel1]

Presenting the #ViswasamTrailer

⏩ https://t.co/EIHY7JnqFa

#ViswasamThiruvizha in theatres from 10.1.2019

@directorsiva @SureshChandraa @SathyaJyothi_ @vetrivisuals @immancomposer @dhilipaction @AntonyLRuben @kjr_studios @AandPgroups @studio_horizon @DoneChannel1

[Sathya Jyothi Films @SathyaJyothi]

The Trailer of #Viswasam releasing tomorrow at 1.30pm in Sathya Jyothi Films YouTube Channel - https://t.co/qTH00ghJRO

#ViswasamTrailer

@directorsiva @SureshChandraa @vetrivisuals @immancomposer @dhilipaction @AntonyLRuben @kjr_studios @AandPgroups @studio_horizon @DoneChannel1

[Sathya Jyothi Films @SathyaJyothi]

Presenting the Rustic Folk Song #ThalleThillaley from #Viswasam

https://t.co/mTvJPGZZ4H

@directorsiva @SureshChandraa @vetrivisuals @immancomposer @gaana @dhilipaction @kjr_studios @AandPgroups @DoneChannel1

[Sathya Jyothi Films @SathyaJyothi]

The Rustic Folk Song from #Viswasam will be released today by @LahariMusic at 7pm.

@directorsiva @SureshChandraa @vetrivisuals @immancomposer @AntonyLRuben @dhilipaction @kjr_studios @AandPgroups @DoneChannel1

[Subash Periyasamy @Subash07P]

#NewProfilePic

[Sathya Jyothi Films @SathyaJyothi]

Presenting the #ViswasamJukeBox

https://t.co/ME4eve3fgA

@directorsiva @SureshChandraa @vetrivisuals @immancomposer @AntonyLRuben @dhilipaction @kjr_studios @AandPgroups @LahariMusic @gaana @DoneChannel1