My friend wrote article in below link. Please check.
Home Loans Private Banks vs Government Banks
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  • few points -

    Don't take loan from SBI, worst bank to take loan. They give compulsory Insurance which is almost 50K to 1 Lahk

    Try canara Bank / Union Bank of India / State Bank of mysore which take 4 weeks time.

    Avoid ICICI if want private Bank.

    Axis bank is good if don't have good credit history so can give loan ( Risk taking Bank)

    Go for IFCL / LIC / Indiabulls / L&T finance if don't get any loan from Any private/Govt Bank
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  • I havent heared any issue with SBI so far and all my friends recommend it for home loan. I was in the process of getting from SBI. Will update here on the insurance part.
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