Need A Financial Product Forums Loans Is it better to buy a home saver loan???

This topic contains 2 replies, has 2 voices, and was last updated by  Manish 3 years, 5 months ago.

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  • #44266

    SP Intellect

    Most Banks selling home loans are also providing a product name Home saver where you need to open a current account with the bank and amount lying in that current account is reduced from the loam amount. As such this current account balance is deducted from the overall outstanding amount.



    Which all banks offer this facility???



    State Bank of India, Citi Bank, HSBC and Standard Chartered. That is what I know of..
    I myself has taken this loan and found this facility to be very good especially after 2-3 years when you use to have extra cash flows.

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