Can Buy a Flat on my Mother Name with my Home Loan?

POSTED BY SathishBaskar ON January 14, 2015 8:07 pm COMMENTS (3)

Hi,

I am thinking to buy and register a flat in my mother name(Who is house wife) with my NRI Home loan and my deposit.

Will bank offer Home loan to register in my mother name ?

Thanks,

Sathish

3 replies on this article “Can Buy a Flat on my Mother Name with my Home Loan?”

  1. nsabhyankar says:

    You can go for a joint home loan and a joint registration.
    Please confirm about the provisions for an NRI though.

  2. SathishBaskar says:

    Hi Manish,

    Thanks for your reply.

  3. I believe that wont be allowed . Every bank gives loan only if the house is in loan seeker name, else not !

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