Dear team,
I booked a flat last year. Total property cost around 36 lakhs and i already paid around 8 lakhs. I am planning to take a home loan of 28 lakhs. Could you please which is the best option between LIC and SBI? LIC is now offering at 10.25 (3yr locking) and SBI is offering at 10.00 interest rate.
I have already applied for LIC 2 months back at 10.40 intrest rate (SBI was offering at 10.5 during that time) and paid 5k as processing fee. However 1st disbursement is yet to started as builder is behind it schedule. Now in between the repo rate is changed and SBI is offering at 10% interset rate. So need your suggetion should i apply for SBI or stick to LIC?
Also very recently i goggled a lot and got some mix feedback about LIC so i m really not sure what to do. Please suggest so that i choose the better option for long term.
Thanks,
Reetesh