Delay in home loans are irking customers

Q: Home loans are being delayed and are irking many potential customers discuss

Vineet raj, Hyderabad

10th June 2014

Real estate News in Delhi

home loan

delay

home loan & loan against property

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Replies (2)

Hi, i have friends working in private financing companies and they justify the delay saying that for banks, home loan is one among many process while with institutions dealing with only home loans they have to be meticulous and so the delay..

Dinesh Verma, Gurgaon

10th June 2014

Comment

Hmmm.. that is there but then why does banks and other institutions insist on taking life insurance or open deposit account etc ... i don't think there really is a need for all such processes.

Soundarya G S, Bangalore

10th June 2014

Yup vineet, in a recent survey it was found out that 47 % of the people said that there was delay of more than a week in availing loan from both banks and private institutions

Syed Pasha, Delhi-NCR

10th June 2014

Comment

hmm..it looks like the banks pass on information about different process and related documentations in phased manner further delaying the whole process..

Giri, Noida

10th June 2014