Fixed is always better, at least you are aware that how much installment you have to pay at the end of month, there are no fluctuations in your monthly installment. For eg: PNBHFL is offering fixed interest rate @ 10.75% for period of 10 years while ICICI offers for 2 years, so point is for next 10 years you are secured. Floating interest rate is 10.50 so there is hardly difference of 0.25% One should always go with fixed when difference is not high
