Banks are preparing to introduce ‘switch’ facility for their existing home loan borrowers. India’s largest lender, SBI has already launched such a product. State owned lenders including Central Bank of India and Union Bank of India too are likely to offer on similar lines. Mortgage lender HDFC has an existing switch facility.
Copyright © e-Eighteen.com Ltd All rights resderved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol.com is prohibited.