Bad Experience With Banks Regarding Home Loan

Bharat Prajapati By Bharat Prajapati, 18th Feb 2011 | Follow this author | RSS Feed | Short URL http://nut.bz/k4.gbcz6/
Posted in Wikinut>Business>Accounting & Finance

It is my experience from home loan application.
I had a tough time in getting home loan as nowadays all banks are taking a lot of time to verify personal as well as official documents.

Home Loan Experience With Banks

It is my experience from home loan application.

I had a tough time in getting home loans as nowadays all banks are taking a lot of time to verify personal as well as official documents.

Home Loan Experience With Banks

Here is what I experienced from these three banks for home loan:

SBI Home Loan-This bank was good, not when it comes to customer care experience ,but in terms of fair practice and reasonable rates. Approval of the loan took around 6weeks. One will have to do lot of running around and follow up with SBI office. You also have to force the SBI employees to get the loan process done. Which is bias in a public sector bank. What makes SBI isolate from others is that they are very fair and also honorable. Many private banks cheat customers when applying for loan. SBI is very sincere in that. SBI’s Rates are affordable. The verification of apartment documents and a copy of verification report by advocate and also a valuation report is been provided by them which is rarely seen with other banks. Apply to private banks only if you are having some trouble with SBI.

HDFC Home Loan- Being recognised for housing finance, this bank is good for nothing and worst bank in finance market. They are immoral and more than this they are expensive. Service is bad than a public sector bank. This is worst loan provider. They don’t give you any verification report from advocate. Also ask for many documents after taking processing fee and delay loan process up to 30 days

ICICI Bank Home Loan - Too Expensive. They offer any service with hidden charges added to it. But service is excellent. Loan process is fast. But too expensive. Their interest rates changes as soon as RBI hike its rates. Also the hope of decrease in interest rates will be less till the RBI does it.

moderator johnnydod moderated this page.
If you have any complaints about this content, please let us know

Comments

author avatar scofield8712
23rd May 2011 (#)

I am a 27 years old office lady , mature and beautiful. and now i am seeking a good older man who can give me real love, So i got a username natalieashley -----10yeargap. C óM ------ .
It's the best club for cougar. Because the most of the members on this website are real and serious. Hurry up! Please check me here. I’m serious.

Reply to this comment

Add a comment
Username
Can't login?
Password