POSTED BY October 11, 2012 2:32 pm ONE COMMENT
ONDear All,
I am holding Loan of 17 lakh under LIC Graha Pravesh Scheme from LIC Housing finance for tenure of 20 Years;
Loan started on 16 Aug 2011; Loan is at floating ROI of 10.80%.
EMI amount is 17,165.00 /-
I would like to know :-
Request to please suggest over this idea
Thanks,
Moreshwar
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1. It will be a good idea if you can switch to SBI MaxGain loan. I am NOT a SBI client but I have a similar loan with HSBC.
2. You may be able to reduce your tenure and save lot of interest in MaxGain type loan