POSTED BY August 12, 2013 11:52 am COMMENTS (6)ON
I am planning to take a home loan of about 50 Lakhs. PNB is offering me a fixed ROI (10.5%) for 10 years and floating thereafter. SBI/BoB and all the other banks a floating rate of 10.25%. The loan duration will be 20 years but I intend to return the loan in less than 10 years. Which one would you think will be a better option.