What is your current home loan rate of interest?

[ChurningNoob]

Please specify the bank name as well, I am planning to do a balance transfer due to my current high rate.

SBI - 8.95%

 

[Wealth is my birth right!]

Please specify the bank name as well, I am planning to do a balance transfer due to my current high rate.

SBI - 8.95%

Hdfc (not bank) floating but less than 8.4

 

[Bhargav]

Please specify the bank name as well, I am planning to do a balance transfer due to my current high rate.

SBI - 8.95%

Mine was also 8.95 in SBI, Now transferring my loan to Kotak 8.3

 

[AmitMishra]

Please specify the bank name as well, I am planning to do a balance transfer due to my current high rate.

SBI - 8.95%

HDFC (non bank) floating 8.65%

 

[Dexter]

Can anyone suggest which bank to go. And how to estimate maximum eligible loan amount (I know about the 60x monthly salary).

 

[AmitMishra]

Can anyone suggest which bank to go. And how to estimate maximum eligible loan amount (I know about the 60x monthly salary).

Most preferred is SBI.

Eligibility depends on multiple factors :-
1. Your monthly EMI should not be more than 50%-60% (depends on banks)
2. 80% of property value or circle rate, which ever is higher.
etc.

 

[Dexter]

Most preferred is SBI.

Eligibility depends on multiple factors :-
1. Your monthly EMI should not be more than 50%-60% (depends on banks)
2. 80% of property value or circle rate, which ever is higher.
etc.

Thanks for the reply 🙂, but may I ask why SBI, Private and Foreign banks are offering lower interest rates (floating).

 

[AmitMishra]

Thanks for the reply 🙂, but may I ask why SBI, Private and Foreign banks are offering lower interest rates (floating).

I always find SBI with lowest ROI. If you are getting less ROI with other bank then go for it.

 

[adi]

i think LIC HFL is cheapest in market RN.
not sure but it's around 8%

 

[krishc]

i think LIC HFL is cheapest in market RN.
not sure but it's around 8%

I got LIC HFL for 6.66 exactly a year ago
but since then with all the repo rate hikes, it has now gone up to 8.41

 

[adi]

I got LIC HFL for 6.66 exactly a year ago
but since then with all the repo rate hikes, it has now gone up to 8.41

they offer fixed/floating rates. why didn't you choose fixed rate while applying?

 

[krishc]

they offer fixed/floating rates. why didn't you choose fixed rate while applying?

fixed was quite high

 

[Chaitanya_V]

SBI 8.55 and for TopUp 8.8

 

[Alok R Kumar]

PNB 8.25

 

[tattiman]

I have Godrej capital which is currently at 8.79%. Took from Godrej as my property was also in Godrej.
My plot loan is from HDFC which is at 9%

 

[mastermpc]

9 now

 

[ChurningNoob]

Just moved my home loan to HSBC with 8% interest rate. If anyone needs contact let me know

 

[KS7]

HSBC and LIC HFL are two hidden gems of home loan rates. How easy or difficult was transfer process? What was prepayment penalty in earlier loan? And this is floating, right?

Just moved my home loan to HSBC with 8% interest rate. If anyone needs contact let me kno

Just moved my home loan to HSBC with 8% interest rate. If anyone needs contact let me know

 

[krishc]

Just moved my home loan to HSBC with 8% interest rate. If anyone needs contact let me know

what was the processing fee of HSBC ?
and foreclosure charges of your previous bank?
how many days the overall process take ?

 

[indiatraveller]

Tata Capital - 8.5%
Started off at 7% but has gone up over the last year. Looking to change