I have taken loan in LIC HFL with Rate of interest as 10.25% fixed for 2yrs.
After 2years when I enquired about rate of interest they give shock which is 12% floating rate of interest, which is too much, I am helpless and need to search another bank:(
And you know recently RBI reduced 0.25% ROI but no changes from LIC HFL
My advice is don’t go for LIC HFL with fixed ROI as they are increasing like any thing.