Home Loan

POSTED BY Mohan ON June 16, 2013 8:41 pm ONE COMMENT

Hello,

I am planning to purchase a plot of worth of Rs. 18 lacs and build a house on it which incurs an expenditure of Rs.12 lacs (Total Rs.30 lacs). I have cash with me now which is only 20% of total. So, I want to go for home loan. But, my point is will i get loan for both purchasing the plot and building the house.

If so, pls explain how banks will process such type of loan application

One reply on this article “Home Loan”

  1. Dear Mohan, you ‘ll get the loan for the purpose you are asking for. Please contact any nearest branch of bank or the one where you do have salary account & you ‘ll get all the required info.

    thanks

    Ashal

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