I require a loan for some personal reason
I found the cheapest rate of interest on Home Loan/ Home Improvement Loan
So, I was planning that I take a Home Improvement Loan. Only an architect’s certificate of the estimated cost of improvement is required.
So, assuming that I take a home improvement loan, is it necessary that I spend it on the improvement of the house… I mean how will they check..
Moreover, is the loan amount disbursed on my name or on some third party’s name ????