Hi guys. My Home Loan was with Citibank and was linked to the 3 months TBLR with a Spread of 1.76.
Now that Axis Bank has taken over Citibank, I've received their communication for conversion to Repo rate linked loan wherein they will keep the Spread to match the total RoI.
To illustrate, this...
Has anyone availed home loan transfer through my money mantra?
Are they legit and safe? How to be safe from any mis-selling or scam? Any pointers on same will be helpful.
More details:
I have a home loan with SBI at 8.85% and my money mantra is offering transfer to HDFC at 8.4%.
And quoting...