POSTED BY October 5, 2013 9:41 am COMMENTS (4)ON
I took SBI Home Loan – SBI Easy Home Loans in 2009.
The interest rates was 8%. For the next 2 years, it was 8.5%.
It has all of a sudden increased to 11.8% since the last year, tough the interest rate is around 10% to 10.5% currently.
The link here says I can do some transfer –
Has anybody faced similar problem? Anybody who’s solved it?
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4 replies on this article “SBI Easy Home Loan – Interest rate increased from 8% to 11.8% after 3 years !!!”
Dear Rrw, thanks for the update.
That worked. Thanks.
Hey thanks much for the reply.
Will do that and see.
Will keep the forum posted.
Dear RRW, please contact your loan serving branch and ask there for rate conversion. You w’d have to pay around 0.56% of your outstanding loan amount and you ‘ll get the new ROI.