Hello, I have taken home loan of 26.70 lack from HDFC in 2008 on Dual rate policy. i.e. 1st two year it was 8.25% and now i am paying with 11.5% of intrest rate.(Now 12 Year remaning after prepayemnt of 3 lack last 2month back) Can i switch my loan to other bank? For that i have to pay more? When i asked to HDFC for Transfer and all amount prepayment, they said that they going to chagrge mr for 2% because i had opted Dual rate scheme. But recently GOVT. declared there will be no chagre if i want to pay all my outstanding amount? Pls suggest and guide.
sir i have taken home loan 1571000 from hdfc in 2010 aug. under dual rate. now from apr 2012 bank is charging floating intrest rate@11.75. i have paid 0.5% for reducing my intrest rate to 10.5%. i m big fan of sbi flexi home loan scheme. my balance emi r 176 & emi is 17k. tell me what it would be wise to shift sbi flexi home loan scheme. m.f khan
I have taken home loan from LIC HFL 22L @11.15 period is 15 Years. In that 5 years fixed and remaining floating as of now i have paid 5196.98 paid bacl as principle. Kindly sugest me How can i redue my interset rate. In same vendor or different vendor.
What is the basis that Banks are allowed to discriminate between new floating loans & existing floating loans. As per MRTP Act, a supplier of products or services cannot discriminate between its customers for the exactly same product or service. If RBI is allowing the Banks to discriminate openly, what is the meaning of Floating Interest Rate?
my home loan(21 lacs)from sbi is on floating teasing rate (link to base rate 8%)sanction on 18.01.2011.now i m being charged 11.25% interest rate ,which is 1% higher than new customers.I am offered swiching over option to 10.75% after paying swiching over charge of 1% of outstanding amount.which one is better-swichiing over or shifting loan to new banks.my repayment period is 20 yrs. pl.advise
Re: Suggested
by sagar kolekar on Jun 29, 2013 07:11 PM
FROM HDFC BECAUSE U CAN SEE THE RPLR MOVEMENT OF HDFC OVER LAST FEW YEARS SAGAR KOLEKAR 09766015216
