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Home loan transfer

Hi Manish,

Thank you for having such an informative blog.

I am holding a home loan from ICICI bank and now want to transfer the loan from ICICI to SBI due to some unhealthy experiences with ICICI.

How easy is it to get my home loan transferred from ICICI to SBI? What are the issues that I will face during this transfer. I am travelling to India for around 2-3 weeks and want to get this sorted before I come back. 

I am also holding a savings account with SBI and am now thinking of opening an NRI account with SBI while I am there. could you please suggest which is the best option, NRE, NRO or FCNR?

Which account with SBI will be the best option to have my home loan transferred and what are the pros and cons.

A prompt reply would be highly appreciated.

Thank you very much.

Rahul

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