Jan 20, 2011 05:22 PM
8962 Views
Please do not go for SBI home loan if you target for registration in less than 4 months. I bet you wont get loan within minimum 4 months. I myself applied in November and now in January its still on Sanctioning officer's table according to my relationship manager.
I really don't know when I will be blessed with a home loan. Meanwhile my seller was asking daily about the status and its very embrassing to answer him. He even said he will increase rate if I delay. But somehow I could able to convince him.
Finally I decided to go for Manappuram gold loan and give him some money and lock the property. So, just imagine my situation.I really don't know where delay is happening. Three people came for different kinds of inspections. Really crazy people. And the process is very very slow and long.
I guess it will be delayed by a week or two than the other private banks. But the delay is really too much and making me exhausted, (whatever.I am running out of words)Tag line: WORST= SBI.
