Kishan_Sharma
KF Ace
Feel free to reach out if you require assistance with home loans or loans against property.
Ask me anything about Home loans, Business loans & loans against property.
- Thread starter Kishan_Sharma
- Start date
financial12345
KF Mentor
What is the lowest rate of interest of home lian
Kishan_Sharma
KF Ace
8.40% per annum.
financial12345
KF Mentor
Which bank
Kishan_Sharma
KF Ace
HDFC & HSBC
Have seen Loan offers at lower rates than 8.40%
BOB offers 8.15% to Govt Employees
Punjab State Cooperative offers 8.25%
Kotak offers 8.35%
And these are the ones that I personally know of, I'm sure there are many more Banks out there offering lower Interest Rates
Kishan_Sharma
KF Ace
Hello seniors,
Can i ask you about loan for purchasing Agriculture land?Seniors we want to purchase 1 acre of agriculture land for which we have fund around 10% ,remaining 90% we want to get loan. we approached HDFC home loan they said they can give us top-up loan for required amount,on our existing home loan ( Remaining principal amount of home loan is 3.5 lakh) .
What way you senior or experts recommend we should opt for? please suggest.
Can i ask you about loan for purchasing Agriculture land?Seniors we want to purchase 1 acre of agriculture land for which we have fund around 10% ,remaining 90% we want to get loan. we approached HDFC home loan they said they can give us top-up loan for required amount,on our existing home loan ( Remaining principal amount of home loan is 3.5 lakh) .
What way you senior or experts recommend we should opt for? please suggest.
Hi, I am having home loan from Canara bank for roi 9.35%, and loan amount is 48L and duration is for 20 years in that , its been 4 years since I am paying emi, but till now I haven't paid any extra emi or lumpsum payment, my emi comes around 45000, since bank has increased roi due to increase in RBI repo rate, so I was thinking to transfer the loan to diff bank which offers less interest, but someone told that now if we switch again I need to bear all the charges which almost comes to the same amount which I save in paying interests, so what would be best approach
And also bank has forcefully given insurance against home loan at the same roi
Rakesh8857
KF Rookie
I am applying for a home loan in SBI, is it mandatory to take property insurance ?
AlertsByVivek
KF Expert
Which are these banks ? Can you please specify ? What if person has term insurance?
shashikanth
KF Rookie
@Kishan_Sharma HDFC bank is mentioning that min. % of interest rate as 8.7%. Can you please let me know how can i get it for 8.4%
zacobite
KF Mentor
9.35 is v high.. pls. look to switch.. 8.35/8.4 is the stable rate now
abhimanyumittal
KF Rookie
Can we take loan against the already purchased land and what interest rate it would be ?
Also, the second question is my brother have to apply for a home loan but he is now settled in UK, Can he apply for home loan from UK ?
zacobite
KF Mentor
will be LAP.. not at home loan rate.. will be higher
Hi
I want to ask question about our new loan against property taken from ABHL but they are charging 10% intrest rate loan amount is 40L. Due to my father cibil issue score is 750+ but had 1 settlement with private loan company and 1 old credit card payment issue(2008) which was settled last year. Although my mother's cibil is clear around 790 .
My question is can we transfer or get a lower intrest rate later when my father's cibil report will be clean or can we do something prior tp that also.
PFA cibil report form GPay.
@ShavirB @Kishan_Sharma
I want to ask question about our new loan against property taken from ABHL but they are charging 10% intrest rate loan amount is 40L. Due to my father cibil issue score is 750+ but had 1 settlement with private loan company and 1 old credit card payment issue(2008) which was settled last year. Although my mother's cibil is clear around 790 .
My question is can we transfer or get a lower intrest rate later when my father's cibil report will be clean or can we do something prior tp that also.
PFA cibil report form GPay.
@ShavirB @Kishan_Sharma
Attachments
zacobite
KF Mentor
yes u can transfer.. no issues.. keep negotiations on... just choose carefully.. as ever loan application also hits cibil
