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25-08-12
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#1 | |
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New Member
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Doubt:regarding loan
Home loan:20 lacs 15% Builder downpayment+VAT+Tax: 12lacs So, for the remaining 18lac amount which I should be paying to the builder partly as per slab construction, is it possible that I start the loan amount (20lacs) first and after the bank pays all the money to the builder, later I can pay the remaining amount (which is 18lacs)...Can i do that?? Is it possible to rearrange the money as above?? Finally the money which builder is going to get is the same, which I & the bank is going to pay is also the same, just the bank would pay first and then I would pay the rest. |
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25-08-12
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#2 |
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Member
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the answer is no, that does not happen. Either you will pay first and bank will pay later. Or when a demand comes from builder, bank and you will pay together...percentage wise.
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| doubtregarding, loan |
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