Is SBI Yuva HL maxgain work like normal Maxgain ?

POSTED BY siddharam.pujari ON February 12, 2014 9:22 pm COMMENTS (3)

I have sanctioned with SBI YUVA HL MAXGAIN, and following are my queries

1. Is it true that for first 36 months only interest will be deducted even though I have paid full EMI, if yes how I can ask bank people to deduct principal amount when I am paying full EMI

2. Can I place surplus amount even though my loan type is SBI YUVA HL MAXGAIN

3. Does it going to work like SBI MAXGAIN

4. I am getting the Cheque Book/Net Banking facility for the purpose like maxgain

Please help me I am bit worried about above question

Thanks
Siddhu

3 replies on this article “Is SBI Yuva HL maxgain work like normal Maxgain ?”

  1. ashalanshu says:
    February 13, 2014 at 10:03 pm

    Dear Siddhu, once final disbursal is done, ask for transaction rights on your Max Gain. Please do note as it’s Yuva loan, principal part of EMI ‘ll not be adjusted towards basic loan and it’ll get added up into your available balance to bring down your interest outgo.

    Thanks

    Ashal

    Reply
  2. siddharam.pujari says:
    February 13, 2014 at 4:02 pm

    NO.
    it will be done after 2 months

    Reply
  3. ashalanshu says:
    February 13, 2014 at 5:16 am

    Dear Siddhu, the full disbursal has been made or not?

    Thanks

    Ashal

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.