Best Interest Rate Home Loans / Offers

[prasady21]

Hi Friends,

Can you please suggest on best home loan and interest rates that various banks are offering.

Best in terms of :

Interest rates
Processing fees
Prepayment Options
Misc expenses

Thanks in advance.

 

[sachinlone]

S

Hi Friends,

Can you please suggest on best home loan and interest rates that various banks are offering.

Best in terms of :

Interest rates
Processing fees
Prepayment Options
Misc expenses

Thanks in advance.

SBI and BoB in all above parameters

 

[manas_rock]

Hi Friends,

Can you please suggest on best home loan and interest rates that various banks are offering.

Best in terms of :

Interest rates
Processing fees
Prepayment Options
Misc expenses

Thanks in advance.

What abt customer service, ease of application, and grievance resolution if any.
PSU banks score poorly in above. HDFC way better.

 

[kkk]

I have home loan in SBI since 2015 and the experience is very smooth.

 

[kkk]

What abt customer service, ease of application, and grievance resolution if any.
PSU banks score poorly in above. HDFC way better.

HDFC updates interest rate very late when repo rate goes down and when repo rate increases they are very fast to increase interest rate.

 

[netsec]

SBI loan closure process are the worst. Better to go with HDFC.

 

[techsearch]

What abt customer service, ease of application, and grievance resolution if any.
PSU banks score poorly in above. HDFC way better.

Both SBI and BoB have improved their services atleast for home loans, and their charges are very transparent with very flexible prepayment options unlike HDFC

 

[kkk]

SBI loan closure process are the worst. Better to go with HDFC.

Have not closed home loan yet, so can't comment. But it's one time effort. And some of my society people have closed home loan from SBI and they didn't have much to complain about closure.

 

[jack333]

I had closed sbi car loan. The manager was asking some 2.5k extra charges. I told to him the guy before had promised no foreclosure charges. Then he also agreed to waive it off

 

[netsec]

Have not closed home loan yet, so can't comment. But it's one time effort. And some of my society people have closed home loan from SBI and they didn't have much to complain about closure.

Agreed! But SBI doesn’t allow loan closure at any other loan branch. So if by any chance you moved to different city then you have to visit the home branch to close it.

 

[manas_rock]

Both SBI and BoB have improved their services atleast for home loans, and their charges are very transparent with very flexible prepayment options unlike HDFC

have read many cases of SBI losing original home documents. after 10 yrs, what can u do if SBI loses your original docs- answer- nothing.

 

[kkk]

Agreed! But SBI doesn’t allow loan closure at any other loan branch. So if by any chance you moved to different city then you have to visit the home branch to close it.

Yeah this is true.