POSTED BY April 23, 2013 12:55 pm COMMENTS (4)ON
I am planning to take SBI MAX Gain House loan
Property Value 45L, and it is under construction. Expected hand over in Jun 2014. Now more than 70% completed.
I want to contribute 30L from my savings and loan is planned for 15L.
Please clarify my following question
I have already made 20% contribution 9L.Can I ask bank to do the disbursement of 15L immediatley after loan sanction and I contribute my part later stage?
Will the Full EMI starts after final disbursement? Can we start Full EMI during the part disbursement?