I've taken home loan from HDFC bank and for which I've been paying EMI for last 15 months. Now I want to transfer the outstanding amount to Indian bank which is giving Home loan at the rate of 9.5 % flexible. My current rate of intrest in HDFC is 11.25 % flexible.
if you are saving money, which you say you are by almost 2%, then yes. You must keep in mind all of the fees that come along with it. You must also figure (if applicable) any penalties for early payment. Figure how long you will be there to break even on the whole thing. And of course see if you are saving monthly.
Should I transfer my home loan from HDFC to IDBI?
Hi Pans, Standard Chartered Bank is offering an 9.5%* Int on Balance Transfer for Home Loan in Bangalore.
Which HOME Loan is Best LIC/HDFC?
I have pre approve letter of 2 Home loan bank LIC & HDFC. LIC Rate of Interest Rate : 8.25 (may be increase after 3 month) HDFC Rate of Interest Rate : 9.25 (Factor -4.50 Given in Letter) Now I am confuse please help me to choose
always govt is better than private in financial matters. prefer LIC
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Hey Thanks for sharing this informative blog,it seems very helpful. i was looking for same kind of content about emi for home loan
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