I have read so much, everyone cribbing about their bank’s opaque policies and unfair interest rates.
**Thanks for telling which banks are not good.**
But I hardly found anyone sharing good experience, that can either mean No bank is transparent and good or otherwise satisfied debtors dont like sharing experience.
I am in dilemma, please suggest if you have some feedback about bank and help loan seekers. Provide some positive reviews about the bank you liked for Mortgage loans. I have done some research on few banks
*UCO Bank* @ 9%
0.5% of Processing fee
1.5% of Registered Mortgage
0.25% other charges like Title clearance etc.
Total turning out to be 2.5% i.e for 30L of loan~75, 000 Rs
*AXIS Bank* @ 9%
0.25% of Processing fee+ 10.2% S.Tax(~0.28%)
.1% of Stamp duty
Rs 8000 of Lawyers fee for charges like Title clearance/ Latest search etc.
Rs 3000 of Scanning charges
Rs 600 for notary of docs
Total turning out to be for 30L of loan~ Rs 24000
Pls advice which all others are good option?
Many thanks!