Message:

City: Chennai
Employement Status: Salaried
Date of Birth: 18-04-1962
Phone: 9436584058
Earning Members: 2
Dependants: 3
Net Salary: Rs. 50000
Assets
Property: Financed
Vehicle: Company Provided
Other Assets: Do not own
Loan Details
Loan Type: Property Loan
Loan Amount: Rs. 2200000
Tenure: 156
Emi: 25000
ROI: 9.25
Emi Paid: 25000

Card Details
Payment Due Status: Less than M A D
Outstanding on Card: 2200000

Payment Due Status: M A D
Outstanding on Card:

Query: I have existing two housing loans lic housing approx 12lac and 15 lac at presant 10lac+13 lac.ROI is @ 9.25 floating.I woul like to shift these loans to any nationalised banks where ROI is lesser and a reliable banks which follow RBI rules.Please suggust /advise me what is the best solution this.
Regards
sudheer

Date: 2009-10-12 12:15:56

Message:

Dear Sudheer
To help me prepare a personalised debt consolidation plan for you, I need the following information from your end.

Initial Loan Amt |Tenure|Rate Of Interest|EMI|No of EMI Paid
Loan 1:
Loan 2:

You will also need to list your Credit Card outstanding and Net Income.

Looking forward to your response on this.

Please revert with any clarifications on the above answer.

Date: 2009-10-13 15:27:34

Message:

Loan 1 -- 12lakh received in 2004 for 18years ROI 7.5%float
Loan 2----15m lakh received in 2007 for 15 years at 9.25%
No credit card with me. Net Income as indicated earlier as Rs.50,000/-
Regards
sudheer
Date: 2009-10-15 12:17:48

Message:

Dear Sudheer

Your first Home Loan interest rate is quite fine,as in today's scenario it is really tough to get a loan @7.5%.

Whereas on your second Home Loan you can try to transfer this to SBI.
You can check the current rate of interest on Home Loan through the below link
http://www.deal4loans.com/home-loans-interest-rates.php

Please revert with any clarifications on the above answer.