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Old 01-04-10   #1
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Default Home Loan from a PSU Bank?

I'm not aware if similar discussion has happened before or not in this forum.
So could someone provide us the reason why one should go for a PSU bank for a home loan and not any private/MNC bank? I have seen people just blindly looking for any PSU bank without knowing any concrete reason. Is not approaching a psu bank more hassle prone as compared to the private banks? Running for various unnecessary documents, getting signature/approvals from babus, answering to those annoying questions...aren't they more troublesome?

Would like the senior members out here to have their say and clear all our
notions?
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