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Showing posts from February, 2009

[26Feb2009] My Dream House Construction Update

It took so many weeks before getting back to this topic... Hmm! I have some good and bad resaons behind it. First and foremost... My learning - Never approach Private banks for home loans. PERIOD. Always go to your near and dear public sector banks like SBI, Canara or Corporation banks. It's not a suggestion that  I am giving. I beg you not to travel the bitter paths that I traveled already. It all started with my application with HDFC bank, Bangalore. I applied for this loan in November 2008 and was promised a 10-day flay processing time. They quickly took away 11k from me for processing (?!*) the loan. Then they asked me to submit documents after documents after documents after documents after documents after documents after documents after documents.... Never ended. The XEROX shop guy near my house would have built his dream house with the copies that I ordered from him :)  Whatever processes they have, I am sure these banks give loans to crooks and cheaters who will default. Th