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LOAN RS.5,00,000/= REQD FOR HOUSE PLOT. WHICH BANK IS THE BEST OPTION? OUR MONTHLY INCOME RS.28000/=
THE LOAN IS FOR BUYING A HOUSE PLOT. WHAT IS THE METHOD OF GETTING THIS LOAN FROM LIC? WE HAVE A POLICY OF RS.1,00,000/=.
In Home Loans  -  Asked by N. SIVARAM -  5 years ago

Best Answer:
as on today 24th January 2009, the intrest rate fo Bank of Baroda, is the lowest at 9% floating rate for a term of 20 yrs and above. The only difficulty is getting the loan as they are still operating as pure government bank and not liking to change.....but if you can manage some how they are cheapest in the market...

Don't ever go to private baks or LIC also...
5 years ago - By Rahul

Other Answers (1)
Answer 1.
SBI, BANK OF INDIA, UNION BANK OF INDIA etc. Rate of interest may 8.5% for 500000/- . You have to start Construction with in 2 years .otherwise commercial rate of interest will be charged . Rakesh Bhatia 09310278000
5 years ago - By Rakesh Bhatia
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