| || ||Thread Tools||Search this Thread|
|28th November 2007, 21:49||#16|
Join Date: May 2007
Thanked: 12 Times
Whatever the interest rate offers they give initially are for 3 to 4 months only... After that they will send a letter stating that the PLR rates are revised, so your rate also changed. I have seen more cases like this.......
|13th December 2011, 17:11||#17|
Join Date: Feb 2009
Thanked: 23 Times
Switching loan provider - need some advice
Is it a good idea to move away from HDFC and transfer the home loan to another bank now?
I have spoken to people at HDFC and they have left me confused.
HDFC is the only institution that has agreed to waive pre-payment charges when you switch over to other banks. Even nationalised banks have not implemented this rule yet.
HDFC also claims that their services are hassle-free and transparent while other banks have a lot of hidden charges.
My only intention is to reduce either the tenure of the home loan or EMI or, preferrably, both.
Need some advice from members with experience in this on whether this is a right time to swap and what are the current prevailing rates on taking loans from other banks.
|13th December 2011, 19:35||#18|
Join Date: Oct 2009
Thanked: 13 Times
Re: Beware of festive home loan offers
ok then but how about fixed interest rate scheme from HDFC.they are offering 10.75%fixed for 3 years and 11% fixed for 5 years.and 10.5 flating.available till 31st dec.which is the best option?
|Thread Tools||Search this Thread|
|Thread||Thread Starter||Forum||Replies||Last Post|
|The Cheap Loan or the Smart Loan - SBI Advantage Car Loan||keyur||Indian Car Loans & Insurance||211||29th March 2018 11:38|
|Buy car using cash OR Take car loan & prepay home loan?||rajshenoy||Indian Car Loans & Insurance||13||2nd August 2013 18:16|
|The "Offers" thread : Post all offers, discounts and deals here||Antonian||Shifting gears||26||4th December 2012 16:57|
|Loan query - is this loan deal OK (From HDFC)||BenjiRoss||Indian Car Loans & Insurance||100||2nd September 2010 16:51|
|Car loan checks returned without closing loan !!||ashthedivx||Indian Car Loans & Insurance||21||7th November 2008 12:28|