My brother and I are together buying a second flat of 1.2 Cr in Mumbai. We are currently looking for home loans. What should we consider while choosing a bank/loan.
Besides fees, approval times , interest rates .
Pre approved properties
A product like Maxgain from SBI which is like an overdraft account . Any surplus funds you can park in that . Interest is charged only on the outstanding balance
Seems good to hear but the opportunity cost is probably going to be a very high for those parked funds. It's better to take a cheaper cost vanilla loan. Hdfc should be able to provide the best rates and their processes are seamless.
I have done a lot of home loans. I would suggest going with HDFC Bank. They can give the lowest roi, their process from login till disbursement is pretty smooth. If you want an OD related feature with your loan go for Maxgain of SBI. I can help you with contacts if you need help :)
PNB provides best rates
Im earning 1lakh per month in hand and I would like to buy a 3bhk flat worth 1.15cr in Hinjewadi near Pune this year.
Sharks pls guide in detail
Also which home loans would be beneficial in long run
Feel free to DM.Ultimately your in...
Have I considered your eligibility? Rough calculations- 1.15 cr.. 80% eligibility so loan of 92 lakhs So ...
Hi All, We are planning to buy a builder floor flat(reason : we get more land share than buying an apartment). Budget within 1.5 to 1.8 cr My salary : 44lacs My husband's salary: 64 lacs We both have purchased two houses in our home town...
I am planning to take home loan of 30lakhs for 2BHK flat. My starting EMI expectation is 25k per month. Please suggest on managing it going further or anything to consider (like tenure, interest, Bank) before taking.
Any suggestions th...
