POSTED BY May 9, 2013 8:02 pm COMMENTS (8)ON
When I filled loan disbursement form (first installment) for my SBI Maxgain loan,the processing guy told me that for filling next disbursement form I need to submit bills of construction .
(my loan is for construction of house – independent)
Wanted to know
1) Is this a rule – and applicable to all
2) what percent of bill should I submit
3) if my loan is say 18L should I submitt bills for all 18L split across all disbursement forms ( which I think is not practical )