Need A Financial Product Forums Loans Unsatisfied with HDFC limited, want to shift loan to SBI

This topic contains 1 reply, has 2 voices, and was last updated by  Rashmi Ramane 2 years, 2 months ago.

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
  • #48242

    Within 3 months I want to transfer my home loan from HDFC Ltd. to SBI. At the time of taking loan, HDFC manager told me that I can pay online whereas as per the present situation every time I need to visit branch for paying EMIs. Apart from that there is restriction on prepaying. At the most I can prepay twice in a year. If I transfer my loan, I will be able to save 0.2%. What will you recommend me to do?



    One should think of transferring loan only when the difference in interest rate is more than 1%.

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.