Home Loan Query

[Maxwel]

I recently applied for home loan in Bajaj Finance, shared all my documents discussed regarding the ROI which was told to me to be 8.65

Now after all the process they are telling me that their ROI has changed and now they will only be able to offer me 8.70 ROI or 8.65 ROI if I take the insurance from them.

Is there anything that I can do to convince them to the same ROI which is 8.65 without insurance.

I don't have that much time left to look for another NBFC now.

 

[zacobite]

I recently applied for home loan in Bajaj Finance, shared all my documents discussed regarding the ROI which was told to me to be 8.65

Now after all the process they are telling me that their ROI has changed and now they will only be able to offer me 8.70 ROI or 8.65 ROI if I take the insurance from them.

Is there anything that I can do to convince them to the same ROI which is 8.65 without insurance.

I don't have that much time left to look for another NBFC now.

take loan.. don't buy insurance..0.5% is not big difference.. then you can transfer out later.. i am assuming you have lower eligibility so u went to bajaj instead of banks..

 

[Maxwel]

take loan.. don't buy insurance..0.5% is not big difference.. then you can transfer out later.. i am assuming you have lower eligibility so u went to bajaj instead of banks..

My Cibil is 794 but the flat that I'm buying is a freehold and does not have government approved map which is why the only option that I have is NBFCs, 0.5 percent does make a difference and it's more about trust and integrity

 

[zacobite]

My Cibil is 794 but the flat that I'm buying is a freehold and does not have government approved map which is why the only option that I have is NBFCs, 0.5 percent does make a difference and it's more about trust and integrity

v risky.. 0.5 doesn't make a diff if u switch soon.. bajaj is reliable.. take it now.. switch later.
u shd definitely negotiate.. dont buy insurance

 

[VINOD_Vinu@3366]

Hi All

I have home loan in PNB housing bank 7800000 with interest rate 9.4% (recently increased, earlier 8.8%) and loan started from July 2023. Since I was not able do the part payment and interest rate is high and insurance covered 3lakh In PNB housing finance

Now I wanted to go with the Balance Transfer to either with HDFC, KOTAK. If possible SBI Bank From Bangalore Branch.

Any suggestions on HDFC, KOTAK or which private bank is good for Home loan ?