Can anyone explain me how SBI Maxgain works ?

POSTED BY siddharam.pujari ON February 11, 2014 10:39 pm COMMENTS (3)

Greetings,

My Sbi loan is sanctioned last month  and info shows as follows:

Book Balance

-24,00,667.00

Available Balance

5,59,333.00

Limit

29,60,000.00

Uncleared balance

0.00

Drawing Power

29,60,000.00

Currency

INR

Rate of Interest (% p.a.)

10.15%

Lien Amount

0.00

where  24,00,667.00 is given to builder ,

1.what is   available balance here (5,59,333.00)  which yet to give to builder, can i use  this amount

2. My first  EMI is 29,090 start from march 10, how much will be my out standing principal for the month of Mar

3.can you fair idea for next three months how my account will look like

Thanks in advance

Siddhu

how it will be used.

3 replies on this article “Can anyone explain me how SBI Maxgain works ?”

  1. ashalanshu says:

    Dear Siddhu, please check the suggested article as well as youtube video. All the 3 queries are answered there.

    Thanks

    Ashal

  2. ashalanshu says:

    Dear Siddharam, please read my detailed article in main JI site with the name SBI Max Gain FAQs.

    Also you can check my 2 videos on Youtube named as SBI Max Gain 1 and SBI Max Gain 2.

    Thanks

    Ashal

    1. siddharam.pujari says:

      Thank for quick response ashalanshu

      please let me know about other 3 queries

      it will be great help

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