Is there a fixed rate homeloan at present offered by any bank for the entire tenure. Some recommend a bank with a transparent loan. Even a fixed rate is subject to a review if there is a hidden clause on this point. Can someone throw light?
RE:Best bank for a homeloan
by Abhay Asthana on Jan 31, 2007 06:09 PM Permalink
There is no such bank that offers a fixed interest rate for the entire tenure of the loan. There's a reset clause which allows a bank to increase the fixed interest rate after a particular period or in case of a general increase in the overall interest rates.
RE:Best bank for a homeloan
by Abhay Asthana on Jan 31, 2007 06:04 PM Permalink
There is no such bank that offers a fixed interest rate for the entire tenure of the loan. There's a reset clause which allows a bank to increase the fixed interest rate after a particular period or in case of a general increase in the overall interest rates.
RE:Best bank for a homeloan
by Abhay Asthana on Jan 31, 2007 06:13 PM Permalink
There is no such bank that offers a fixed interest rate for the entire tenure of the loan. There's a reset clause which allows a bank to increase the fixed interest rate after a particular period or in case of a general increase in the overall interest rates.
RE:Best bank for a homeloan
by Abhay Asthana on Jan 31, 2007 06:04 PM Permalink
There is no such bank that offers a fixed interest rate for the entire tenure of the loan. There's a reset clause which allows a bank to increase the fixed interest rate after a particular period or in case of a general increase in the overall interest rates.
RE:Best bank for a homeloan
by Abhay Asthana on Jan 31, 2007 06:18 PM Permalink
There is no such bank that offers a fixed interest rate for the entire tenure of the loan. There's a reset clause which allows a bank to increase the fixed interest rate after a particular period or in case of a general increase in the overall interest rates.
RE:Best bank for a homeloan
by Abhay Asthana on Jan 31, 2007 06:08 PM Permalink
There is no such bank that offers a fixed interest rate for the entire tenure of the loan. There's a reset clause which allows a bank to increase the fixed interest rate after a particular period or in case of a general increase in the overall interest rates.
RE:Best bank for a homeloan
by Abhay Asthana on Jan 31, 2007 06:08 PM Permalink
There is no such bank that offers a fixed interest rate for the entire tenure of the loan. There's a reset clause which allows a bank to increase the fixed interest rate after a particular period or in case of a general increase in the overall interest rates.
RE:Best bank for a homeloan
by Abhay Asthana on Jan 31, 2007 06:06 PM Permalink
There is no such bank that offers a fixed interest rate for the entire tenure of the loan. There's a reset clause which allows a bank to increase the fixed interest rate after a particular period or in case of a general increase in the overall interest rates.
RE:Best bank for a homeloan
by Abhay Asthana on Jan 31, 2007 06:08 PM Permalink
There is no such bank that offers a fixed interest rate for the entire tenure of the loan. There's a reset clause which allows a bank to increase the fixed interest rate after a particular period or in case of a general increase in the overall interest rates.
RE:Sachin...Sachin ...and Sachin
by raman gurumurthy on Jan 31, 2007 06:17 PM Permalink
no dear, what is the price being paid?, when compare to contemporary circketers in the globe. champions r to perform every time and any time pls do not try to gain more out of latest outing
RE:Best bank for a homeloan
by Abhay Asthana on Jan 31, 2007 06:07 PM Permalink
There is no such bank that offers a fixed interest rate for the entire tenure of the loan. There's a reset clause which allows a bank to increase the fixed interest rate after a particular period or in case of a general increase in the overall interest rates.
