Can I take home loan from SBI mumbai for under construction flat in Bangalore ?

POSTED BY anilmaskara ON February 10, 2014 3:55 pm ONE COMMENT

Hi All,

I have booked a flat in Bangalore which is pre approved by SBI . I stay in Mumbai and approached to one of the SBI branch there for loan. They are asking for guarantor since the flat is underconstruction and not yet registered ( Only a sales agreement is done between builder and me) . SBI branch is bangalore is disbursing loan only behalf of that agreement . Please suggest if availing loan from SBI mumbai is possible or not in case without guarantor.

One reply on this article “Can I take home loan from SBI mumbai for under construction flat in Bangalore ?”

  1. ashalanshu says:

    Dear Anil, you may get the loan from SBI Banglore branch which can be later on transferred to Mumbai.

    Thanks

    Ashal

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