Hi Manish,
I am planning to switch my home loan from HDFC to LIC HSG Finance. Currently, HDFC is charging me 10.75% interest. However, LIC is offering 10.20% (fixed for 2 yrs). Can you please suggest if I can expect further decrease in Home Loan Interest Rate in next financial year in LIC? Or is 10.20 is a good deal considering my laon amt is 60 lakhs. HDFC is charging 0.25% as conversion fee to convert ROI to 10.25% (which is around 17,000). While, I have to spend 30,000 for processing and sanction in LIC. Please suggest 🙂