home loan

I have an ongoing home loan I got LIC HFL for 8.75 ROI, but on CIBIL report, its showing 9%. My EMI Installments are 90rs more than what an EMI Calculator show for 8.75%. so I'm getting it at that ROI only, I don't know why it was reported to CIBIL incorrectly. Does this difference matter...

As far as I understand, banks when giving out Home Loan under RLLR, charge an interest rate that is a combination of the current repo rate and their spread (which includes a risk premium based on the borrowers profile). For a new borrower, with no credit history, this risk premium might be on...

I got introduced to BOB in 2021 when I got an offer to transfer my home loan. BoB is one of handful banks who has overdraft facility for HL, just like SBI maxgain. So, I started putting all my emergency funds and non-investment funds in this account. Recently, I got to know that my account has...

Hi guys. My Home Loan was with Citibank and was linked to the 3 months TBLR with a Spread of 1.76. Now that Axis Bank has taken over Citibank, I've received their communication for conversion to Repo rate linked loan wherein they will keep the Spread to match the total RoI. To illustrate, this...

I am looking to take a home loan from HDFC and have a couple of questions 1. I am taking floating rate interest, and the agent says there won't be any charges when rate decreases due to the repo rate change in this case. However hdfc website says otherwise. 2. Agent says that I have to bear...

Is there an option to pay any amount towards repayment of Homelan apart from EMI with HDFC? I know the online payment option by sending email to cc. But what I am asking something similar transfer directly to home loan account. I heard SBI, ICICI have this option

I have applied for home loan from HDFC Bank via HDFC Channel where they assigned Sales Executive. He sent me link and i filled the online application by paying login fees. After which i uploaded my documents. Now the status shows as stucked in sanctioned section even though i had selected the...

I have existing home loan with ICICI Bank with 8.9% ROI. Current outstanding amount is 25.5 lakh rupees. Axis bank is offering me 8.4% ROI with zero processing fee (But MOD and other charges are there around ₹7k). No foreclosure charges from ICICI Bank. Should I take the headache to transfer the...

I have a home loan with HDFC. It started at 7.5% ROI, but gradually increased to 9.15% now. When I visit HDFC website, I see their HL starts from 8.5%. I have a CIBIL score of 799. Can I request them to decrease my ROI to 8.5% based on my CIBIL score? Is this possible? If so, who do I mail?

Has anyone availed home loan transfer through my money mantra? Are they legit and safe? How to be safe from any mis-selling or scam? Any pointers on same will be helpful. More details: I have a home loan with SBI at 8.85% and my money mantra is offering transfer to HDFC at 8.4%. And quoting...

The following incident occurred with one of my close friends at Anand, Gujarat branch. My friend intended to apply for a loan to purchase land for building a house. Since a home loan couldn't be obtained for land purchase, HDFC presented him with the following options: 1. 35% of the loan amount...

I am taking a home loan from icici where they are attaching a home loan insurance cover from icici prudential along with loan, though it was not compulsory. Now here, instead of buying insurance and paying a monthly premium they have added a loan for this too with the same tenure and interest as...

I have a question, if I have a house worth 23 lakhs, can I take a loan on this house without salary slip and ITR, if yes, how much and what will be the interest rate?