Home loan from bajaj finance:

I am planning to take homeloan from bajaj finance... If anyone have first hand experience please share ... How will be the service?.. How quick they update interest rates when rbi increases or decreases interest rate..?

RealtyHyd

if you option of going with any National bank, please prefer Bank over NBFC.

Saisha23

Any disadvantage with NBFCs?

RealtyHyd

They doesn't come under RBI framework

Saisha23

What’s the disadvantage of not coming under RBI framework when you are taking loan and not depositing money?

RealtyHyd

they are not answerable to reduce interest rate when rbi reduce rate. their cost of money is higher than banks

Zayan92

I took. Did t find any issues.. they update quickly. Have not experience when the interest rate decreases

Myra1989

From my experience banks always have different rates for new customers and different rates for old customers. They are never the same.