One important thing to note is banks do not approve 100% value of the property. They put a margin on the property value called “Collateral Margin”. Banks do so to make sure they can lend as much money as they can recover excluding the losses that might incur on the property over the...
Custody chargesRs 1000/- per month for non-collection of collateral documents beyond 60 days, from date of closure of all loans/facilities linked to the collateral. House Renovation Loan Eligibility Loan eligibility is primarily dependent onincome and repaying capacity. Other important factors include...