Hi all,
I had taken home loan from SBI in 2007 at the rate of 9.25%. But now in 2013 interest rates are at a high of aroung 14%. I have heard that intrest rates in Bank of Baroda for home loan is 10.25% and no convertion charges. So i want some guidance on these points:
1. What will be the intrest rates after conversion in BOB, same as SBI i.e. 14% or only 10.25%?
2. Is it possible to convert from SBI to BOB?
3. Anything else that I must need to know before conversion?