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2 votes
0 answers
68 views

Does a loan for purchasing land provide a tax benefit?

I want to take a loan for land. In the future we want to build house on it, but now we can only afford the land. Would this be a personal loan or home loan? If I take this land loan can I benefit in ...
Dakshank's user avatar
  • 121
0 votes
1 answer
104 views

Taking home loan and car loan separately with some down payment or taking one loan without any down payment. which one is good?

Am from India and planning to buy a house and a car. I have ~10L in my hand. House costs around 36L (Including Registration and other charges) and car cost around 11L (on-road price). So paying down ...
Dhanapal's user avatar
  • 101
1 vote
1 answer
367 views

How to buy a flat with a loan from NRI friend

I am intending to buy a flat worth 60 laks rupees in India, I am an Indian Citizen. I have 35 laks rupees in my bank (sale proceeds of a flat) and I want to fund the remaining 25 laks as; 15 laks ...
kumar's user avatar
  • 11
3 votes
2 answers
146 views

How can I judge loan availability?

I want to apply for home loan ( I am from India ). But I did not know If I am qualified for loan or not. Previous history is that I already have a home loan for a property through my family. That ...
kuldeep.kamboj's user avatar
1 vote
1 answer
668 views

Employer Letter for NRI Home Loan

Please advise: for an NRI working in US applying for home loan in India, Bank is asking for employer letter, latest salary revision letter from employer and employer ID card etc.. but if NRI is an ...
user20335's user avatar
3 votes
1 answer
2k views

Getting a loan to buy a second house from family in India

I have one elder brother. My father has one house worth 30 Lacks. During property sharing, this house went to my brother. He is planning to sell that property, but I do not want to sell it to some ...
Sreeni's user avatar
  • 31
0 votes
1 answer
2k views

How to Split a loan, and how much should be my investment

I am from India. My idea of the question is to understand what is the loan amount I am entitled to, what should be my plan for applying a loan and is there any ways to reduce interest rate after a ...
Naveen Babu's user avatar
6 votes
3 answers
63k views

Can I get a housing loan for my father's property?

I want to apply for a home loan, but the property is registered in my father's name. Is it possible? Can anybody help clarify my understanding of home loans?
vinoth's user avatar
  • 215