Ask me anything about Home loans, Business loans & loans against property.

[Kishan_Sharma]

Feel free to reach out if you require assistance with home loans or loans against property.

 

[financial12345]

What is the lowest rate of interest of home lian

 

[Kishan_Sharma]

8.40% per annum.

 

[financial12345]

Which bank

 

[Kishan_Sharma]

HDFC & HSBC

 

[Avb]

Is Loan Insurance Mandatory for Loan Against Property

 

[ShavirB]

8.40% per annum.

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]

Is Loan Insurance Mandatory for Loan Against Property

Mandatory in some banks only.

 

[Grewal193]

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.

 

[hemanthbn]

Feel free to reach out if you require assistance with home loans or loans against property.

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]

I am applying for a home loan in SBI, is it mandatory to take property insurance ?

 

[AlertsByVivek]

Mandatory in some banks only.

Which are these banks ? Can you please specify ? What if person has term insurance?

 

[shashikanth]

@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%