But two drawbacks I have observed.
One is interest rates will not immediately change once the RBI changes the repo rate instead they change quarterly once which I feel is little loot. And the other is you can’t prepay online instead you have to go to the home branch and should pay there.
But from what I have heard is these two drawbacks became really advantages to SBI to opt home loan from them.
In near future, I am also planning to transfer my Home loan from HDFC to SBI to enjoy the benefits.