POSTED BY August 20, 2013 12:15 pm COMMENTS (2)ON
I took a SBI HOME LOAN on 12th July 2013. While taking the home loan due to lack of awareness I had taken the SBI SURAKSHIT HOME LOAN.
As per my observation with SBI HL the interest part will be calculated every month end and it will be credited to my HL account.
Total Amount: ₹27,93,000.00/- @ 9.95 ROI
First Interest rate posted on 31th July 2013 is: ₹15,187/- for 20 days
First EMI PAID is : ₹27,900/-
My contribution towards Part Payment consolidated as no date is : ₹20,287/-
Current out standing is : ₹27,60,000.00/-
I am decided to pay ₹15,000/- to ₹5,000/- as a part payment everymonth along with the EMI to pre-close my SBI HL with in 5 to 10 years.
Kindly let me know does SBI MAX GAIN helps in this situation ?
I also did an enquiry with SBI RACPC, they said if I migrate to SBI MAX GAIN my base ROI hikes and also its difficult to migrate…!