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QUESTION

I m a govt salaries person salary in hand per month rs.60000 . i want to loan 40000 for purchasing residential cum commercial property in allahabad u.p. my age 35 yrs old.

By Arif husain   2 months ago  8 views
 
 
 
 
 
 
 
ANSWERS (1)
 
 
 
 
raghavbhati 2 months ago
Hi Arif, as per the rule, you can apply for 60 times of your in-hand salary as a loan amount. But, the loan depends on several factors such as your monthly expenditure, your current liabilities, etc. So, after submitting your papers they will sanction an amount you are eligible for after analysing your financial ability to repay the loan. So, I would advise you visiting the nearest bank to know how much loan you can apply as per your monthly salary.

You can even find the available home loan options for you here: https://www.99acres.com/apply-for-home-loan-hlpg
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