Recently, I bought a house in Hyderabad. Initially, I wanted to take loan from SBI as interest currently being shown is luring, but heard from many that it is very difficult to get from them and I need to provide lot of documentation. My builder recommended me to go for LIC Housing Finance as already couple of people got a loan from LIC, so it would be easy for me to get.
After a week, I really realized how quick it is. I applied housing loan through an intermediary called Nagaraju Company. In a week, I got a housing loan sanctioned without much verification. I just got a call from them, nothing more than that. They did not even come to my house for verification. Where some banks doing lot of verification to give a 1 lac personal loan, how come LIC scantioned housing loan in a week for 20 lacs.
I really impressed with their quick processing, I think credit goes to intermediary what I mentioned earlier. If you are staying in Hyderabad and wants to apply LIC housing loan, you can consider visiting them at below address.
P R K NAGA RAJUII FLOOR, Dr. ATMARAM ESTATES, ,
HYDERNAGAR, KUKATPALLY, HYDERA,
ANDHRA PRADESH, INDIA.,
Tel: 040-23897111, 23890851, 09
I just took a loan from LIC Housing, but need to see how they serve the next 20 years. Hope for the best.