Home loan survey results

Recently,BNP Paribas conducted a survey of the home loan Market in India.

Interest Rates
Home loan interest rates,India

The conclusions were as follows:

  1. Interest Rate Range:9.95% to 13.75%
  2. Rates offered by banks:9.95% to 11.75%
  3. Rates offered by NBFC (Non banking finance companies):10.75% to 13.75%
  4. Stronges Brand/Trust value:HDFC,SBI and LIC housing finance
  5. Most preferred among banks:ICICI,Axis,SBI.
  6. Most preferred among others:HDFC,LIC.
  7. Best due diligence:HDFC
  8. Best in efficency:HDFC (Less than 6 days to process)
  9. Rate difference between finance firms and banks:20 basis points.
  10. Who gives max commission to agents:MNC banks (1%) followed by NBFC’s and Banks.
  11. Who sells the max home loans:Agents account for 50% of loans being sold.Direct sales and cross selling teams sell the rest. 
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Mayur Panghaal

With more than 20 years experience at every level of the Real Estate market in Navi Mumbai, Mayur is equipped and trained to handle every task when it comes to buying or selling a property in Navi Mumbai. From knowledge of local development regulations to handling matters at the registration office or CIDCO, he is more than capable of helping you achieve your ends. You can get in touch with him on 9987452642

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