Regarding SBI Max Gain

POSTED BY Manoj Bansal ON April 11, 2013 7:28 pm ONE COMMENT

Hi,

I have sbi max gain home loan account . I know that I cannot withdraw any money till full disbursement is done. However I want to ask if I put some extra money other than EMI , would this money be considered as a part of margin money.

for example if I have loan of 50l and my margin is 20l .if I have taken 10l till now but also deposited 1l would the margin can be taken from this account

One reply on this article “Regarding SBI Max Gain”

  1. Dear Manoj, the plain answer is no. The amount parked by you in MG can not be used by you for margin payment.

    Thanks

    Ashal

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