Date: 2008-09-28 16:20:40
Message:
City: Chennai
Employement Status: Salaried
Date of Birth: 05-10-1964
Earning Members: 1
Dependants: 3
Net Salary: Rs. 17000
Assets
Property: Owned
Vehicle: Owned
Other Assets: Owned
Loan Details
Loan Type: Property Loan
Loan Amount: Rs. 448000
Tenure: 192
Emi: 5113
ROI: 14
Emi Paid:
Card Details
Payment Due Status: M A D
Outstanding on Card: 150000
Payment Due Status: M A D
Outstanding on Card:
Query: I had taken a Home loan from SCB and now 6 years of EMI is over. Now the balance is 331000 and other credit card loan is 150000 and now i am paying both the loans upto 9300. So shall go to the other institutions for BT of my Home loan and ask for 500000 and close the credit card loan. Whether it is good or not. Now I paid 6 to 6.5 years loan for HL in SCB. If I take to other bank whether I am loser or not. pls tell me.
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Date: 2008-09-29 16:42:04
Message:
If you approach other banks for a home loan , the rate of interest will be higher. Instead you can approach your existing bank and ask for a top-up on your home loan. Which you should be eligible for. Use the funds to close your card dues.
Please revert with any clarifications on the above answer.
Regards,
Amitoj Sethi
www.deal4loans.com
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Date: 2008-09-29 21:49:55
Message:
Thanks
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