CA NeWs Beta*: SBI Home Loan Hidden Cost.

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Sunday, October 21, 2012

SBI Home Loan Hidden Cost.

In Home Loan Industry a Big name is State Bank of India, Interest rate on Home Loan cheapest 10% in   to compare to other Bank 10.5% and more, But a very big hidden cost include in SBI Home Loan Insurance of Life Cover must be taken from SBI Life Insurance for whole loan amount for full tenure of loan period and all borrower in case co-borrower, that is very big amount most of the case above the STAMP DUTY of hose registration. And most of the good borrower repay Loan before the end of the tenure of Loan and insurance cover cost addition burden on customer.

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