Not only from the perspective of interest rates, but also the eligibility
amount it is advisable that you shop around and play one provider against
another. A home loan is large purchase decision; 0.2% knocked off your interest
rate over a 20 year home loan can typically save you half a lakh! Apart from
interest rates, also look out for various fees and charges - processing fees,
pre-payment charges, legal fees, valuation fees and other hidden costs. So
haggling is worth the trouble. Summon up all your bargaining powers and let
banks compete for your business! Enjoy the journey.
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