On public demand switched to ICICI from HDFC home loan

[saver-user]

Had my HDFC loan sanctioned and ready but seeing the negative reviews I switched to ICICI. But yeah they have their own problems. ICICI needs me to close my 3 credit cards - Regalia gold, tata neu infinity, axis rewards. I don't mind the regalia and axis closure those are shxt cards. But I am quite dependent on my tata neu.

ICICI needs NOC for the cards to disburse loan. How long will it take for NOC to come after closure?

And main question any cheeky way around to save tata neu?. I heard banks don't issue same card again

 

[techstrom007]

Why they want to close the cards ? 😳

 

[JSK111]

Why in first place they want you to close these ccs? Are they offering you any other cc with this home loan?

 

[shu_sha]

You should have switched to SBI Home Loan, best in the market.

 

[Md_]

It is wierd that ICICI is asking close other bank cc's

 

[ismail]

i will never close credit cards because they asked. better go to hdfc as they dont ask all these rubbish. anyways what are the interest rates? i suppose hdfc generally offers better rates than icici?

 

[saver-user]

Why in first place they want you to close these ccs? Are they offering you any other cc with this home loan?

I am a high cc spender so my obligations are high according to ICICI

 

[saver-user]

i will never close credit cards because they asked. better go to hdfc as they dont ask all these rubbish. anyways what are the interest rates? i suppose hdfc generally offers better rates than icici?

I am a high cc spender so my obligations are high according to ICICI

 

[saver-user]

Y

i will never close credit cards because they asked. better go to hdfc as they dont ask all these rubbish. anyways what are the interest rates? i suppose hdfc generally offers better rates than icici?

Yes HDFC was giving 8.60 icici is giving 8.75. but HDFC has become quite irritating now. Too much requirements payments etc.. also they need survey number which doesn't exist in Hyderabad

 

[Ash8]

Y

Yes HDFC was giving 8.60 icici is giving 8.75. but HDFC has become quite irritating now. Too much requirements payments etc.. also they need survey number which doesn't exist in Hyderabad

That is a verification which is for your own safety.
Anyways, I see you are losing CCs in this deal and the interest rate is also higher then why really go with this?
HDFC will give you even better interest rate than this if you maintain good credit score as well, negotiate hard on that.
Lastly, if you are getting home loan for any particular area or society, try finding a HDFC home loan guy who has done home loan processing for that area/society or tell hdfc that people have got home loan from hdfc already living there. As someone from bank who has done home loan processing for that area, he would know what to submit at bank for this survey number which they are asking.

 

[Ash8]

Your other thread also showed in similar threads section, so I see you are getting loan for building the apartment.
To not get confuse any longer then, try negotiating with ICICI that you are able to pay cc bills all this time and you will be continuing doing so as you are very well financially or something. There are many things which can be negotiated till the last breath especially with conditions like this.