SBI MAX GAIN – Not for buying apartment or flat from Builders ?

POSTED BY rameshsaraf ON April 15, 2014 6:48 pm ONE COMMENT

I am eligible for a home loan from sbi for buying an apartment flat in Gurgaon. SBI is ready for sanction of normal home loan but when i asked for Max Gain, bank refused to sanction under Max gain. Bank told that they will disburse the amount to builder and no o/d limit can be given; hence in case of buying a apartment flat from builder; Max Gain scheme is not applicable.

Sir, pl guide me. is it true? or can i get SBI Maxgain home loan?

One reply on this article “SBI MAX GAIN – Not for buying apartment or flat from Builders ?”

  1. ashalanshu says:

    Dear Ramesh, I can not comment why SBI, G’gaon people are saying so. In my personal case, the Max Gain is availed for a builder apartment property. 🙂

    Many of my friends have availed for apartments.

    Thanks

    Ashal

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