The initial floating ROI (rate of interest) is available for all banks and is checked by a buyer at the time of taking loan.
However, the banks revise the ROI upward/downward after sometime and then, there is no way (or very difficult) to check what ROI revision other banks have done. Hence, there is no way to check the performance of banks.

So, kindly share your homeloan ROI in this format:
Bank Name:
Current ROI:
Last revision date:
Usual revision cycle:

Please help on this as it'll help all of us.
Read more
Reply
30 Replies
Sort by :Filter by :
  • Bank Name: AXIS
    Current ROI: 10.5 (base rate + 0.5)
    Last revision date: since beginning (Aug 11)
    Usual revision cycle: i think it is linked with RBI, no?
    CommentQuote
  • what i know there are two types of bank loan agencies:

    1. One are some what linked with RBI rules and they might choose to or not to change their lending rates.
    2. Which have solidly linked with RBI and their loan rate would increase and decrease along with RBI ruling. Axis bank falls in to this category. can some1 shed more light on it.
    CommentQuote
  • Bank Name: IDBI Bank
    Current ROI: 11%
    Last revision date: 1 May, 2012; reduced by 0.25%
    CommentQuote
  • Bank- Corporation Bank for Amrapali Silicon City

    ROI- 10.65%

    Last Rev- Aug-2011
    CommentQuote
  • Bank: HDFC
    Loan Amount: 30L for 20yrs
    ROI: 10.5% (RPLR - 6%)
    CommentQuote
  • Sethi Max Royal
    Bank Name : HDFC
    ROI : 10.5%
    Time : 15 Years
    CommentQuote
  • Bank Name : LICHFL
    ROI : 9.95%
    Tenure : 20 years
    Loan Sanctioned : Feb-2011
    1st Disbursement : Mar-2011
    Full EMI Started : May-2011
    Loan Taken till date : 18 lacs
    CommentQuote
  • It seems I have got the best rate :)

    (loan amount is greater than 30L)
    CommentQuote
  • LChand bhai, tumhara 5 saal k liye fixed hai na?
    CommentQuote
  • Originally Posted by fatichar
    It seems I have got the best rate :)

    (loan amount is greater than 30L)


    and it seems i got the worst rate...11.25 % 40 lacs for 20 years
    CommentQuote
  • which bank?
    CommentQuote
  • Fatichar bhai... how did you decide you have got the best rate...
    I have 33 lacs approved loan amount 9.95%... however, have taken only 18 lacs till date.. 16 lacs I have paid.

    * Yeah..mine is fixed for 5 years... 1 year already complete...

    I am also planning to pre-pay from next month ....

    Please tell the procedure if you are aware....

    Originally Posted by fatichar
    It seems I have got the best rate :)

    (loan amount is greater than 30L)
    CommentQuote
  • Originally Posted by LChand
    Fatichar bhai... how did you decide you have got the best rate...
    I have 33 lacs approved loan amount 9.95%... however, have taken only 18 lacs till date.. 16 lacs I have paid.

    * Yeah..mine is fixed for 5 years... 1 year already complete...

    I am also planning to pre-pay from next month ....

    Please tell the procedure if you are aware....

    My page was loaded before you posted. so i saw your post after submitting my post.

    but anyway, yours was taken much earlier, that time rates were lower. You got benefit due to 5 yr fixed. so u r in a diff category. I took in Aug 11. i dont know ayone who took after me, and got the same rate for loan bigger than 30L.
    CommentQuote
  • WHAT IS THE PROCEDURE FOR LOAN PRE-PAYMENT?

    what is the max. amount that can be pre-paid per month?
    CommentQuote
  • Kisi ka humse worst Home Loan ROI ho to battao ;)

    In Jan/2011 by DHFL at 10.5% , 12 Lac for 5 years (DP)

    At this time it is 13.5% :)

    Only good point Pre-Payment charges are now ZERO for any pre-payment which was ZERO only for 20% extra pre-payment previously so I can finish it with in this financial year.
    CommentQuote