Q1
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Loan against property interest????
Hi...I live in Dubai now & had bought a land by taking loan against the FD which I possessed. But I dont remember what was the rate of interest that will be charged..??? I know it will be more than the home loan. but can anybody tell me the rate of interest for laon against saving certificates. I heard it is increased now....
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Asked by varsha on 2007-04-23 12:04:57. |
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9% interest
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Answered by rr on 2007-04-23 12:04:15. |
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A1
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Q2
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a comparative study of loan against property of different banks?
loan against property policy of different private banks of india. their interest rate their criteria of giving loan ,max loan amount that they give age of person taking loan etc
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Asked by poornima a on 2007-05-21 15:05:38. |
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economic times newspaper might help u out for this
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Answered by sheerin t on 2007-05-21 15:05:14. |
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A2
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Q3
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want a loan against property without any income proof and IT returns.?
the property is worth of 1.5 crores. the loan amount is needed only for 30 lakhs. basing on the property itself, is there any chance of getting loans from the banks
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Asked by rajendra B on 2008-03-13 13:03:07. |
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In my view it is passable. You have to try in 2 to 3 banks. If the house documents are clear, I am sure they will give you the loan amount. If you are badly in need of money, and not bothered for interest, then any private financier can finance you.
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Answered by N.J.Reddy on 2008-03-13 13:03:21. |
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A3
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Q4
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Can we get Loan against House property from Banks?
Can we get Loan against property from Banks!
If so which one is the best one. Cane give the contact numbers or addresses of the Banks in Andhra pradesh!
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Asked by ClassicBlue on 2007-04-11 15:04:05. |
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Yes you can get the mortgage loan from banks. Indian Bank is offering best rates. You can walk down and check on it. The processing time is very less and people are helpful.
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Answered by Shyam S on 2007-04-11 15:04:46. |
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A4
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Q5
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if i want full home loan that is as per the rule (85% of property value) but a like one flat it has cost..?
if i want full home loan that is as per the rule (85% of property value) but a like one flat it has cost..?
11.65 lacs but the flat is 35 yrs old the condition is ok actually it is an coperative socity now what you think is it any chance that bank will give me loan ..?
if yes than how much ,...? actualy i want full 85% of the value
for your kind information the documents we have all whatever bank want but the palce is 35 yrs old ....
plz tell me because it is in mumbai (malad)
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Asked by vinashkari on 2006-09-21 15:09:57. |
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I don't think they'll give a loan covering the full cost for a 35 year old flat. The bank's engineer will make an estimate. If it's more than twenty years, you'll get only a small percentage. One way is to increase the value of the deal, but that'll increase your registration charges.
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Answered by BalaSundaraRaman on 2006-09-21 15:09:53. |
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A5
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Q6
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Question about home loan - property doesn't have BDA approved plan?
I have booked an apartment with a reputed builder in Bangalore. I had applied for loan with icici and it took 2 months for the bank to approve the project. I came to know that the builder doesn't have the floor plan approved by BDA yet. For releasing the loan, icici is asking for a signed letter from me stating that I am aware of the fact that the property doesn't have the floor plans approved by BDA. The builder says that it will take a couple of months for the plan approval. Is it advisable to submit such a letter? Or, will the builder wait till the plan is approved so that I can avail the loan amount without any such indemnity?
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Asked by phxmba on 2006-10-07 18:10:02. |
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bro mujhe lagta hai apko kisi nationalised bank se try karna chahiye pnb canara or sbi
yeh log apko loan de denge agar phir bhi aapko koi problem aaye to plz call me shayad hum aapki koi madad kar sake
my num is 09888225888
raj
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Answered by rajvinder on 2006-10-07 18:10:08. |
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A6
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Q7
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in these days of increasing cot of home loan and property what is best choice and suggestion?
Banks these days are on increasing home loan interest rates making it difficult for salaried class to hope to own a home because the homes are also costlier and is a dream to be fulfilled. How to manage home, home loan repayment when salaries hardly suffice with rising cost of living and increasing inflation with the current budget offering nothing. It is a costly dilemma because both are just and essential. Can some one suggest a way out to balance both?
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Asked by Mahesh R on 2007-03-14 11:03:38. |
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Still I am of the opinion that investment should be made in real estate as it gives you 2 (Two) fold income
1) Rental
2) Appreciation in value of the flat
As from rental one third is allowed as outgoing Income is payable on 2/3rd of the income after allowing deduction for property tax and interest. In no other business this facility is available. Moreover, on capital gains indexation cost benefit is available for payment of reduced tax.
hence, still there is high potentiality in Real Estate although the prices have gone up. It also depends in which city or town you are investing. If it is Mumbai you are at no risk you can blindly go for it provided you have chosen a good, reputed and trust worthy builder.
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Answered by ssunderagarwal on 2007-03-16 14:03:00. |
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A7
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Q8
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is housing loan same as loan against property?
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Asked by preeti on 2008-05-04 10:05:33. |
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They are 2 completely diff things.
Housing Loan : is provided usually by ur company for the sole reason of buying a house or apartment. U cannot use the money for any other reason. The intrest rate may also be smaller for these cases.
Loan against Property : It simply means what it says. U get a loan if u have any property (house, land , that can later be used to recover the amount if the money is not paid back)
So it's no property -- no loan . This is a system used usually by banks and private financing organizations.
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Answered by gameplayer_1706 on 2008-05-04 11:05:32. |
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A8
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Q9
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Trader,turnover expected to cross 2crores,got bank loan against property,need more loan WITHOUT COLLATERAL SEC
Dear Sir,
We are a trading house dealing in coal since last 25 years in Katni(near JabaLpur),M.P.Last year our group turn over was apprx.75Lacs and this year it is expected to cross Rs.200 Lacs.At present we have
undermentioned projects in pipeLine
1.We are pLanning to import coaL,we require finance and L.c.
2.We are on the final stage of purchasing a hotel in Jabalpur worth approximately rs 6.00 crores
3.We are also planning to set up a sponge iron unit with captive power plant.
For our these projects we may resort to private placement of shares,or go for other mode of finance.Please Let us know HOW can arrange finance for any of above projects with detaiLed
terms and conditions.
Thanking You,
Yours Faithfully,
For Garodia Finvest Ltd.
Vijay Garodia(M.D.)
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Asked by vijay_garodia38 on 2006-12-25 20:12:13. |
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U NEED GOOD PARTNERS SIR,
DOING ALONE WOULD LEAD YOU IN MESS FORM A GROUP AND LIMITED/PVT LIMITED FIRM, FLOAT SHARES
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Answered by sagar n sagar on 2006-12-25 21:12:06. |
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A9
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Q10
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can anybody give details of institutions that give loan against property without proof of income and guarontor
in chennai ( india)
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Asked by balaji s on 2006-08-08 21:08:08. |
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no they always check and you can't get a loan without a job
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Answered by jannie on 2006-08-08 23:08:06. |
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A10
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