I have taken loan of 21L from HDFC last month and the 1st EMI has been just paid. The loan was for a ready to move property , hence the full amount is disbursed.
My EMI is around 21K for 20Years and the interest rate is 10.5%, now in future if HDFC increases the interest rate (I’m afraid , the floating rate will only increase!) can I transfer my loan to any other provider?
Also, moving in the forums I learnt abount the SBI max gain scheme, though couldn’t understand properly. Can anyone let me know how it works.