Any deal/offer in home loans?

1.No one will be getting lowest interest rate ( other than

privileged customers like staff ). When you chooses a

a low payment term Bank will be calculating its net

return from the customer and try to balance as processing

fee or some other.

Again as with lower interest rate the speed of processing

may have to be compromised.

You may find HDFC, Indian Bank, and few Gramin banks

having lowest rates

2.Fixed interest rate will be always higher and with a shorter

term floating   will be better.

3,5 no process fees ,no prepayment charges, depends on banks

and if the property is pre-approved it may be waived. Banks

will also have special sales with lower fees

4.Hidden fees may not be there as it always will be there in

the agreement . These are charges you have not looked into.

Like there can be mortgage charges , or maximum Prepayment

Amount in a year is restricted