POSTED BY June 5, 2014 5:34 pm NO COMMENTSON
Now help me in below situation if possible from your side.
I have taken loan from Indiabulls housing finance from August 2012 at that time ROI is 10.5% but now the same is 11.0% and when i ask my friends about change of ROI in their loan they said no.And i also search for them but most of the bank not increase their ROI.
So now i want to transfer my loan to BOB or HDFC home loan both interest are same i.e. 10.25%.
From Interest Rate(%)
Loan Type Rate Based
Sanctioned Loan Amount (in `) 14,71,757
Disbursed Amount (in `) 14,71,757
Installment (in `) 14,643.00
Current Interest Rate (%) 11
Loan Term (Total) in Months 274
Loan Term (Balance) in Months 254
After that indiabulls give me offer to reduce interest rate from 11.0% to 10.25%.
Charge is -5618
Current interest rate-11%
Tenure in month-253
Tenure in year-21.1
They give me offer
Current interest rate-10.25%
Tenure in month-215
Tenure in year-17.92
Tenure in month-38
Tenure in year-3.17
So please guide me what i do?
Waiting for your favorable response.
Thanks in advance.