Home Loan
Take-over of Housing Loan from SBI

Even SBI is betraying their existing customers.

They offer

1) New loans @8%

2) Takeover from other banks @8%

But SBI existing customers are repaying still @10%

Therefore, i would wish to take-over my existing home loan.

For this, despite being the fact that i am ready to pay the pre-payment penalty as well as processing charges to SBI, then why is it not possible for SBI to either either take-over or restructure its own home loan.

I have seen cases where some other banks like HDFC has lowered its interest rates for its own existing customers, after receiving some charges for the same