hey guys thnx for so many replies and even I've calculated that after deducting the take off amount which comes to around Rs.8750 the rate of interest is about 13.5% or so which is about the best deal that I could get in Calcutta.HDFC is charging way more even though I have a salary account with them.ICICI comes close to about 13.8% after taking into account all hidden costs(they claim they are charging 12.5%).Anyways I might be foreclosing the loan and hence might end up saving a few more bucks for that matter....
