| || ||Thread Tools||Search this Thread|
|29th October 2007, 16:32||#18|
Join Date: Nov 2005
Thanked: 11 Times
The news says that the interest rate is for new loans. What about the existing customers? I have taken SBI home loan and car loan based on a flexible interest scheme. Home loan interest increased to 10.25 from 7.75 in last 2 years. Will this reduction, reduce my interest rate?
|29th October 2007, 18:02||#19|
Distinguished - BHPian
Join Date: Feb 2004
Location: Mid West
Thanked: 2,477 Times
There was an article on this, they say the lower rates are actually discounts on the existing rate & hence no reduction for existing users.
|Thread Tools||Search this Thread|
|Thread||Thread Starter||Forum||Replies||Last Post|
|SBI Home Loan : How long it took ?||joecherian||Shifting gears||205||2nd November 2017 13:58|
|The Cheap Loan or the Smart Loan - SBI Advantage Car Loan||keyur||Indian Car Loans & Insurance||208||5th July 2017 15:56|
|Buy car using cash OR Take car loan & prepay home loan?||rajshenoy||Indian Car Loans & Insurance||13||2nd August 2013 18:16|