Tuesday, February 2, 2010

Loan for Mahagunpuram flat purchase : Bank's tie up.

Regarding loan, As far I know, the IDBI, UBI and HDFC has tie up for this project. Out of these HDFC is currently having some good offer where interest rate is 8.0%. Please check on their website.
UBI is providing 8.5% fixed for 3 years uder some special promotion. Please check their website also, may be the promotion offer is changed.

HDFC Website : www.hdfc.com
Union Bank Website: www.unionbankofindia.com
idbi website: www.idbi.com/

IDBI is around 9% , not worth. I had applied with UBI, Noida and those people were very helpful. Although, you need to trace out the process; but at least they do not create problem, as HDFC does. HDFC asks for a lot of documents and reason, as if we are loan begger at their mercy!!!

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Recent Update: I received an SMS one day that the Axis bank is also providing loan for the project. Please check with them.

Axis bank Website: www.axisbank.com/


 

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