POSTED BY September 28, 2013 7:21 pm ONE COMMENT
ONI have few queries with respect to SBI YUVA HOME LOAN scheme. In this scheme , shall i start my repayment before 36 months if my salary got increased to the loan offered?
Or for the first 36 months , i should only pay the interest for the loan disbursed?
Please clarify me here.
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Dear Boobal, if your cashflow permits, you should start repaying more amount as and when you have the capacity to do so. This ‘ll save you the interest outgo in future.
Thanks
Ashal