Categorized | Banking issues, Grievances, Home Loan, Loan

8 Comments For This Post

1. meghna Says:
   September 22nd, 2008 at 10:27 am

   donoto ever consider axis bank…take hdfc…axis bank charges 0.25% more than hdfc…and the service is not that great. i got my loan registered on my post-marriage name..only after giving enough id and name proofs..but still their system reflects my maiden name…its pathetic….take hdfc…its much better and the rates are also less.

2. meghna Says:
   September 22nd, 2008 at 10:28 am

   if u have had a salry hike, only your loan amt eligibility will increase!

3. Anup Sreenivasan Says:
   November 19th, 2008 at 1:02 pm

   At Apnaloan, we publish interest rates that are indicative. What do we mean? Indicative rates mean the rates that banks advertise on their various media. This could be via their website, double-checked by a phone call to the bank’s concerned department.
   Now, this advertised interest rate is just that, an advertised interest rate. When it comes to specific customers, the actual interest rate would depend on many important factors such as income, existing debt, nature of job, nature of organization, area of proposed residence, and so on. It is unreasonable to expect the bank to give interest rates for all permutations and combination of the above-mentioned parameters. Which is why they display a sort of shop-window rate. It does two things - gives an indication of what your actual interest rate could be, and, attracts customers.
   Here is the good news - a salary increase definitely means enhanced loan amount eligibility. You could convey to your bank your new salary and negotiate for a larger loan amount on your loan application.

4. Akbar Faruqui Says:
   November 19th, 2008 at 2:30 pm

   Which should rate should we trust the banks website or apnaloan site. See as a customer we are already are confused kindly don’t add insult to injury.

5. Mohsin Mahdi Says:
   November 19th, 2008 at 2:33 pm

   I think as a customer we should trust the bank not another website

6. Raima Bhula Says:
   November 19th, 2008 at 7:15 pm

   Well interest rates are charged on home loans differ from person to person. Many factors are considered while charging interest rate for ex: income profile, loan requirement etc…

7. Sumit Says:
   December 18th, 2008 at 2:12 pm

   An increase in you income would surely increase the loan amount you are eligible for.

8. Riddhima Says:
   December 18th, 2008 at 3:09 pm

   hey but i think there is lot of information on apnaloan, this is helping people to take more informed decision.

Leave a Reply