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| Discuss home loan at the Loans within the Traderji.com - Discussion forum for Stocks Commodities & Forex; hello all, can someone suggest....which bank is best for taking home loans. id the rate ... |
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#1
1st September 2008, 11:22 AM
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home loan
hello all,
can someone suggest....which bank is best for taking home loans. id the rate of interest same for all the banks. i want to take a loan of 40 lakhs for buying a home thanks in advance 
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#2
23rd September 2008, 09:27 AM
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Re: home loan
Something like a nationalised bank will help your cause since their lending rates are way below what private banks have on offer.
To quote an example, for a loan under 20 lakhs, someone like HDFC will quote about 11.75% currently, whilst Bank of Baroda will quote a max of about 10.50%. Processing charges are lesser for the latter too. The trade off would be that for a nationalised bank, the santion time will be more, typically under a month or something. Do PM me for more info if you have any doubts. I have tried doing a fair bit of research on this of late. All the best 
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#3
23rd September 2008, 02:34 PM
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Re: home loan
Quote:
me have a doubts ,, its too.. short 
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