How about taking home loan from IDBI Bank ?
I am taking a loan of Rs. 35 lacs from IDBI on 10.25 floating rate of interest. Can any body suggest me about the bank - how is it? would you recomend anybody to IDBI? if yes-why? & if no - why? Any body has any experience with IDBI - please share
idbi is a good bank, go ahead with the loan. but , in my opinion, go for a fixed rate of interest, a floting rate loan might prove very costly, The government of India has been increasing interest rates quite regularly. u will loose a lot even if the interest go up by 0.5 %. i have a fixed rate loan at 8.5 % and bank cannot increase this rate atl all even if the market interest rates go up . in floating rates loan this problem is there.
IDBI is partially government owned. No bank in India is unsafe. Interest rate looks higher. As advised by another member of this group, don't keep the rate of interest floating. Regds
Related articles
Would the housing market have collapsed if it weren't for democrats opposing tighter regulation?
Are there home loans for a credit score of 405?
What Type Of 30 Year Fixed Home Loan Works Best For Me (80/20, FHA, etc.)?
Do I qualify for the First time home buyers credit since I purchased a house and not my husband and I together?
FHA First Time Home Buyers Tax Credit?
| The mortgage is a pledge of real estate for maintenance of obligations to the creditor. At mortgage lending the borrower obtains the credit for purchase of real estate or other purposes. Its obligation to the creditor is credit repayment, and provides execution of this obligation real estate pledge. |
Credit unions hit highest volume of loan originations in five years
The 330 financial cooperatives headquartered in Maryland, DC and Virginia originated a total $11.2 billion in loans in the past quarter, a 20 percent increase from the same time a year earlier. First mortgage loans grew the most, up 43.5 percent to
Security America Mortgage Give Affordable Real Estate Pricing in May 2012 by ...
Security America Mortgage Give Affordable Pricing in May 2012 by Launching SecurityAmericanRealty.com - Making VA Home Loans Easily Obtained in Houston, Texas! Houston, TX (PRWEB) May 14, 2012 Recently, Security America Mortgage made the announcement
TexasLending.com to Discuss Changes to FHA Loans on Radio KLIF in Dallas
Kevin Miller, CEO and president of TexasLending.com, a Texas home loan and mortgage company specializing in Texas refinance loans and Texas home equity loans, and his co-hosts will discuss the upcoming changes to FHA on June 1st which will impact the Find first-time homebuyer helpRochester Democrat and Chronicle
Main menu
Info
| © 2010 Home Loans for You. All Rights Reserved. | Site Stat |