People with home loans comment your current interest rate

Oh wow what were your talking points? My credit score has improved since I took the loan but is there anything else that will help strong arm them into lowering it?

Just tell them that your competitors are giving me 8.45% , match it else you'll switch. Also, keep track of Monetary policy that's when these banks increase/decrease rates. While increasing they'll match based on RBI guidelines, but while decreasing NBFC / Bank game the system by not passing on the benefits. I usually do it once every 6 months

Same boat as me. Any thoughts on transferring it soon or just wait & watch?

I m jst wait, as I blv sbi home loan rate will be low in long run then why to pay processing and mortgage charge now

Woah which bank?

Karnataka Bank

This is not a discussion. Always choose floater. Fixed rates come with prepayment penalty. Not worth it

This is a stupid advice. Imagine having floater rates when interesting rates are climbing up.

Can someone provide some advice on what’s a good rate these days and what’s not good?