
People with home loans comment your current interest rate
I’ll go: 9.15% 🥲
Talking product sense with Ridhi
9 min AI interview5 questions

Not sure if folks know thi but you can actually call up your bank and negotiate a better interest rate if you have a good credit score. I got mine down from 9.2 to 8.45 with HDFC.

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

9.15% sbi

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

8.1%

Woah which bank?

Karnataka Bank

Any thoughts on choosing floater rates rather than fixed ?

8.45% HDFC

LICHFL offering 8.45-8.65% for new customers currently. Processing fee is ₹5k for some predefined companies. Tech M is one such company.

8.95%

9.25 LIC Housing

8.65% hsbc