Need A Financial Product Forums Loans Should I transfer my home loan from LIC to SBI

This topic contains 1 reply, has 2 voices, and was last updated by  Aditya Goel 2 years, 5 months ago.

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    Aditya Goel

    In 2010, I took a home loan from LIC HFL at ROI 11.5% fixed for 6 years. I confirmed from SBI, they are charging less rate of interest. I wish to transfer my loan from LIC HFL to SBI. Please guide me as to how to proceed further and am I right in my decision.


    Check with LIC HFL if they are ready to convert your loan to a low rate of interest. If yes, then you can continue with the loan. If no, then I will recommend you to quickly transfer your loan to SBI.

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