2. In our quest our research team checked two prominent teams namely HDFC and ICICI bank and found that HDFC services in home loan segment were much more transparent than ICICI Bank. Thus we can say that HDFC qualifies to be branded as best Indian home loan service provider and one must explore this option before haggling with other agencies and this info is backed with experience.
3. This is an update for ICICI bank home loans which has cut the home loan rate by by 25-50 bps and as a result the rate of interest on new home loan upto Rs 20 lakh is at 9.25% and on new home loan for Rs 20-30 lakh is at 10%. a point to note here is that these rates are valid for new customers only.