So you are looking out for a home loan to build your dream home and reached this review to get some perspective of what you can expect in applying for a loan and getting it? Good.you are at the right place. I did the same thing but went on with my decision to apply with HDFC despite of so many bitter experiences shared here.
Now, I will request you to please approach any national bank like SBI, Corporation, Canara or Indian Bank, and get your loan after little bit of red-tapism. But that’s 1000 times better than being conned by HDFC kind of a bank. I was fooled and harassed by the no-brainer processing team at HDFC home loan department in Bangalore in January. They are just bunch of.
Please go to a PSU banks and you will never feel for that good decision. HDFC’s sales tactics are perfect for you and me to fall in trap and suffer endlessly. Their professional behavior and ambiance will floor you - but once you are there, you are ruined. Look at their recent move of charging 3% for pre-closures.
TOTALLY STUPID MOVE by HDFC. If you are not able to compete with a bank like SBI, what for you are sitting in this country and serving? Close your shop and migrate to other nation where u fill find fools who will fall for your strategy. In this recession hit world, HDFC adds fuel to fire by its pathetic strategy.