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Is it safe to buy flat without a home loan total Chq Payment from your Savings

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Is it safe to buy flat without a home loan total Chq Payment from your Savings

Last updated: August 4 2020
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  • Is it safe to buy flat without a home loan total Chq Payment from your Savings

    Looking to buy a 2.1 Crore flat. Total full cheque payment from Savings account, no bank loan will be taken.

    Is it safe to do that. Or should I take 10% loan from bank and pay 90% from Savings account? Do bank will check everything from the builder and there are no issues, as opposed to only me checking and can be cheated!

    Better if 2 parties and backing of bank is involved if the builder creates issues!

    Are payments for a RTM made in full in one ck. Payment or in instalment of multiple cheque payment?
    Last edited February 15 2020, 08:19 PM. Reason: Merged Posts
  • #2

    #2

    Re : Is it safe to buy flat without a home loan total Chq Payment from your Savings

    What checklist should I see?

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