Comments on: Home Loans in Bangalore

By: Sajin

Sajin — Thu, 17 Mar 2011 12:14:13 +0000

@Raj,
i’ve sent you offline

By: Raj

Raj — Thu, 17 Mar 2011 11:38:00 +0000

Hi,

I am looking for a home loan in a moth or so. Please provide me the contact details of Union Bank of India guy.

By: vaibhav misra

vaibhav misra — Tue, 07 Sep 2010 06:57:39 +0000

Hi DEB,

when you are talking about your CIBIL report. Few things to remember:
1. The amount of settlement viz-a-viz your actual outstanding ( if you had asked for settling huge amount….thats bad)
2. In order to improve your CIBIL score you have to wait for two years…now within two years try to get some credit card from a particular bank say CITIBANK and stick to that bank without defaulting. Doing so will build up confidence in bank and you can get secured or unsecured loans with less hassles.
3. I havent heard of any bank who is facing problems in giving loans that too a secured loan for example your home loan. You should check with your bank, since I am a banker

By: Sajin

Sajin — Mon, 23 Aug 2010 10:35:39 +0000

Am not an expert on credit history. Sorry.

By: DEB

DEB — Mon, 23 Aug 2010 09:04:11 +0000

Hi,
I am facing problems in getting home loan due to credit card default I had 1 year back. I have entered into settlement with the banks but in the CIBIL report, one bank has mentioned that my dues are written off. I dont know what to do. Is it possible to get home loan from any institution who dont accept CIBIL score? Please advice.

By: Sajin

Sajin — Sat, 01 May 2010 07:33:42 +0000

If you are negotiating the terms and they are ready to accommodate, probably there is nothing to worry.

If you haven’t tried a nationalised bank yet, that is probably one option worth exploring. Contrary to popular belief, many of those banks are very friendly these days.

By: Raga

Raga — Thu, 29 Apr 2010 14:25:23 +0000

I have been discussing with DeutschePostbank HFL for the last 1 week and they have approved a loan for me and issued a sanction letter. The terms mentioned are 8.75% fixed for 2 years and floating thereafter. The current RBLR is 14.5% and the difference with this to the above rate is 5.75%. They will maintain this difference throughout the tenure of the loan (however this is not explicitly stated in the sanction letter and I am talking to them to get this written down). Interest calculation is monthly reducing only (I am pressurising them to go for daily reducing, but still they have not agreed). I am looking for proceeding with DB (!!) and after reading this post I am rethinking. Apart from interest rate and foreclosure issues do you see any other problem with DB?? Please suggest.

Thanks.

By: srinivas

srinivas — Wed, 14 Apr 2010 08:13:23 +0000

Hi, I am looking for an home loan , But unfortunately my cibil report is not good , can anyone refere me of getting the same without any consideration of cibil report

By: Sajin

Sajin — Mon, 04 Jan 2010 15:07:15 +0000

I’ve sent you the details.

By: Saurabh

Saurabh — Mon, 04 Jan 2010 07:42:40 +0000

Can u plz fow me the contact details of Union bank of india guys. I am buying a property in the next month, looking for a loan.