The processing of my home loan is almost completed with IDBI bank and I am expecting the sanction letter in a day or two after two weeks of processing. The documentation & verification part are pretty much simple. Best part is there was no processing fee at all and the response was excellent. I think the rate of interest could be reduced from 10.25%.
05:17 PM - Sep 16, 2014
Last month I had availed a home loan from LIC housing finance. It was overall a good experience. Actually my mother is working with LIC of India who helped me a lot in availing the loan very easily. The documentation was very simple and my loan was disbursed within a month at a rate of interest of just 10.10%.
04:41 PM - Sep 16, 2014
The customer service executive from the Axis Bank called me and they explained me about the loan details. The housing loan application was canceled from my side because the property was not finalized. In future if i am looking for a housing loan i will prefer Axis Bank.
04:25 PM - Sep 16, 2014
My recent home loan application with HDFC LTD has been closed because they are no ready to offer me the required loan amount. I am happy about the service part however the way they charged me the processing fee was very disappointing. They should have informed me about my eligibility before processing my application. I don't recommend HDFC LTD as I don't like the way they deal with the customers.
05:02 PM - Sep 16, 2014
I had recently availed a home loan from LIC housing finance in the month of Jul'2014. I had directly approached the branch of LIC HOUSING FINANCE and submitted my documents for a home loan. It took around 40 days of processing for disbursing my loan at a rate of interest of just 10.10%. I definitely recommend LIC housing finance.
04:33 PM - Sep 16, 2014
I am feeling very comfortable that my home loan was there with hdfc limited. I got my loan within a weeks time with less documentation with very good interest rate. I have taken so many loans earlier with them may be that could be one of the reason they are so genuine to me. They need to concentrate on their existing customers also by providing benefits rather than new customers. The offers are very limited for existing customers
04:21 PM - Sep 16, 2014
I had recently applied for a home loan with HDFC LTD. I already have a home loan running with another bank and I had finally decided to go for a top up with the same bank. Therefore I had closed my recent home loan application with HDFC LTD. The customer service & response from HDFC LTD are perfectly fine however the base rate of interest was not that much competitive.
04:53 PM - Sep 16, 2014
It was a great experience with HDFC LTD on applying a home loan. Unfortunately I had dropped my plan due to some other commitments. I would probably go for the loan after an year from now. It was a pretty good service and a prompt response from HDFC LTD. I had no complaints at all.
04:30 PM - Sep 16, 2014
My recent home loan application has been closed with HDFC LTD because the property I had finalized was purchased by a different person. I feel the customer service and the response from HDFC LTD are excellent. I am OK with the rate of interest however the processing fee was quite high when compared to other banks.
04:19 PM - Sep 16, 2014
I had let my home loan application close with HDFC LTD because I got a better offer from a different bank. HDFC LTD Customer service was quite good and the relationship officers have called me several times & followed up very well. The response was prompt and I am pretty much satisfied with the rate of interest, processing fee & charges.
04:42 PM - Sep 16, 2014
The processing of my home loan application is almost complete with LIC housing finance and I am currently awaiting the loan sanction letter. I had overall experienced a very good customer service and the response was prompt. The rate of interest offered was 10.25%. They have actually committed one week for processing which is still not completed.
04:26 PM - Sep 16, 2014
It was through the builder I had easily availed the loan from LIC housing finance last month. They took hardly 15 days for processing and disbursing my loan and they offered me a rate of interest of just 10.10%. I think the processing fee & charges are quite similar to other banks.
04:15 PM - Sep 16, 2014
Are legally adult enough to handle it
Have still got it
Get a regular pay check
Make more than a basic buck
EMI limited to about 50%
of monthly income
Loan capped @ 75% - 85% on property value
EMIs of other loans lower
Making your spouse a co-applicant
Choose longer tenure loans of up to 20 - 30 years
Alternatively add your parents as co-applicants
|Interest Rate (Monthly reducing balance)||10% - 10.5%|
|Processing Fees||0.5% of Loan|
|Loan Tenure||1 year to 20-30 years|
|Partial pre-payment Charges||Nil|