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| home loan |
| By PVG on March 26, 2008, 5:50 pm |
| I have two houses purchased on loan, in which me and my wife are co-borrowers. one house is under construction (take three years to complete) and other one is self used. I like to know about the tax impact on both of us. |
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| By Ratan on April 8, 2008, 9:58 am |
| You need to apply for a business loan. You can contact private banks like ICICI, Axis Bank or public sector banks like Bank of Baroda or Canara Bank. |
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| Home loan |
| By M.Manikandan on March 26, 2008, 4:56 pm |
| I Want to Home Loan against property.which bank is lowest interest.My salary annum 1,00,000.9890514197 Please contact me. |
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| By saurabh on April 10, 2008, 11:52 am |
| Home Loan and LAP are secured loans. You have to compare the banks on the basis of other hidden charges charged by them. |
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| HomeLoan on unapproved plot |
| By Balaji M on March 24, 2008, 6:29 pm |
Hi,
I would like to know whether we can take home loan on unapproved plot for construction.
how to approach the banks in this case. |
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| By neha on April 2, 2008, 5:32 pm |
| Banks do a fair amount of due diligence on the property before giving home loans. I doubt you will be able to get a home loan for construction on an unapproved plot. |
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| Loan |
| By Abhilasha on March 20, 2008, 9:17 am |
| Need Home loan of 45 lakhs |
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| By Jyothi on July 16, 2008, 2:10 pm |
I am Jyothi from Citi bank
If you are looking for Home Loan still please contact me at"dj_jyorah93@yahoo.com" or #9972914070 |
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| By Sudhakar Dindi on July 14, 2008, 2:42 pm |
| I am Sudhakar Dindi. I f u r looking a home loan in Bangalore pls contact me on 9342931070 (CITIFINANCIAL) |
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| By vivek on June 11, 2008, 9:50 am |
| i am vivek from HDFC.if you are looking for homeloan in bangalore. pls contact on 9916957704. we will try our best for your dream home. |
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| By ramesh on April 7, 2008, 10:14 am |
| You can check out with GE and HDFC Bank for your home Loan requirement. |
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| Wizard home loan |
| By Manali on March 18, 2008, 9:07 pm |
Hi!
Wizard GE Money are offering home loan at 9.99%. I've read on net that this is only for a few months and they change the rate later. Is this true?
Also what are the best alternatives for a home loan? I need loan of 40 lacs. |
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| Formula used to calculate Housing Loan |
| By Magesh on March 18, 2008, 8:42 pm |
Hi,
Can you please provide me a formula to calculate housing loan for floating rate of interest.
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| By Sudhakar Dindi on July 14, 2008, 2:44 pm |
| You can download such calculator from any website of banks for ex: www.hsbc.co.in, www.icicibank.com etc., |
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| home loan |
| By manoj kumar singh on March 18, 2008, 1:02 pm |
| i am having registered power of attorney on my name which was executed in 2006.now i want to do registry on my wife's name,the same property.Is there any way so i can avail a home loan. my wife is currently not working. |
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| Transfer of loan against property |
| By rajindar singh on March 14, 2008, 4:31 pm |
| We had taken loan against property from ge money 2 years back Now I want to transfer this loan to any bank,who will give me loan at lower rate of interest. kindly help in in this Context |
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| By Ajay on April 2, 2008, 5:27 pm |
| This is dependent on the terms and conditions that you sign. Nearly all lending institutions have clauses that let them increase rates on fixed rate loans, but almost none of them ever invoke the clause. |
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| Loan against property |
| By Aneesh on March 13, 2008, 11:31 am |
| I want loan from loan against property , which bank is lowest interst, my salary 1,00,000 per annum, 9446069589 pls contact me |
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| Tranfer of Home loan |
| By Richa Bajpai on March 12, 2008, 7:47 pm |
| We had taken Home loan from ICICI 2 years back Now I want to transfer this loan to SBI kindly help in in this Context. |
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| By Simi on April 7, 2008, 10:08 am |
| You can apply on www.deal4loans.com with your requirements. They get various banks that can fulfill your requirements to contact you and you have the option to choose the lender of your choice. |
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| co applicant-tax benefit? |
| By balamani on March 12, 2008, 10:49 am |
hi,
I am a salaried person-unmarried. My mother is a pensioner-age 58. The land is on her name. We took the home loan with myself as a applicant and my mother as a co applicant. Can i claim any tax exemption?
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| By Shripurna Malghan on April 11, 2008, 4:02 pm |
| Sir, I want details of EMI paid, Principal component and Interest component paid during the financial year 2007-08 for claiming tax benefits. |
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| By Simi on April 7, 2008, 10:07 am |
| Yes you can claim tax exemption as long as the EMIs are being paid by you. The rebates associated with a home loan are tax saving are on the interest paid as well as on the principal repaid. |
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| By Mayank on April 2, 2008, 5:25 pm |
| Yes you can claim tax exemption as long as the EMIs are being paid by you. The rebates associated with a home loan are tax saving are on the interest paid as well as on the principal repaid. |
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| By Dr. S. KUMAR on April 1, 2008, 8:11 pm |
Sir, if get reply than please forward it to me, as I am also looking for the reply. other wise I have few intresting point for you which might be helpfull to you.................................
I want to construct a home on land registered in my father's name. Will I be able to get a home loan for it and avail income tax rebate on it? If not, can I make my father a co-owner to get the benefits?
-- N. Raja, email
You can get a home loan if you are a co-applicant for it. However, whether you can claim income tax benefits will depend on who the owner of the house is. If you are the owner/co-owner of the house, then you will be able to avail tax benefit on the home loan. Not otherwise.
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Who can be a Co-Applicant?
A Co-Applicant(s) is/are the Co-Owners of the property in respect of whom the financial assistance has been sought. However all co-applicants need not be co-owners. Usually co-applicants are: husband/wife, father/son, mother/daughter etc.
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| Personal Loan |
| By Utsab Ghosh on March 10, 2008, 6:21 pm |
| I am looking for a personal loan. My mobile number is 9903979290. I am flexible with the interest rate. |
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| By Yukti on April 7, 2008, 10:06 am |
| You can apply on Deal4loans.com. You will get a call from major banks within 1-2 working days. |
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| EMI |
| By sundar on March 8, 2008, 12:11 pm |
| Sometimes I am not able to pay the EMI of my home loan on time. Will that have any effect on the income tax exemption that I claim for paying EMIs? |
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| By Soham on March 8, 2008, 12:14 pm |
You can claim exemption only to the extent of actual payments made. So if you do miss a couple of EMI payments, you will need to pay penal charges and will not be able to claim income tax exemption on them.
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| Home Loan |
| By Samyak on March 8, 2008, 12:07 pm |
| I have purchased a flat along with my wife. The stamp duty paid by me towards my share of the property is Rs 76,000. I paid this in December 2006. I have, however, not taken possession of the flat. The possession is likely to the handed over to me in October 2007. When will the stamp duty paid qualify for rebate? The EMI I has already commenced. From when will the EMI qualify for tax benefits? |
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| By Ramesh on March 8, 2008, 12:15 pm |
If you used the loan to pay for the stamp duty then you can claim for the same. The route for claiming this would be repayment of the EMI on the loan. The deduction of interest payable on the loan taken to buy the house property is up to a maximum of Rs. 1,50,000 every year under section 24(b) and the principal portion of the loan repaid to the bank will be eligible for deduction under section 80C (along with other contributions and investments) up to a maximum limit of Rs. 1,00,000. The EMI qualify for tax benefits from the time you start paying them.
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| take over ofloan from other bank |
| By lalit sen on March 6, 2008, 8:25 pm |
| my mother availed bank loan for buying a prop. She expired.I have only one sister she has executed relinquisment deed in my favour duly regd. Now I want to trf that loan to other Bank due to higher ROI. Can I avail the loan in my name in this case. |
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| By rimi on March 13, 2008, 11:12 am |
Yes. You can avail of the loan in your name if all the legal aspects of inheritance are clear.
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| personal loan |
| By sunil on March 3, 2008, 1:34 am |
I have a personal loan from icicibank of Rs 500000 and have paid13 emisof Rs 18080 per emi PLS let me know am I eligible for any other personal loan on the basis of this record.
contact no.9999115768 or at sunildudeja@yahoo.com |
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| By upendra on March 13, 2008, 11:13 am |
If you have a repayment track for more than 9 months, typically you can avail of a top-up to your existing loan. You could also get another personal loan from a different bank based on a repayment record of 6 months.
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| personal loan |
| By RR PATCHA on February 28, 2008, 10:33 am |
| hi, iam a NRI and i want to take personal loan from any of the bank in india for 6 lakhs rupees. i want to know the eligibility criteria, best interest rates and EMIs as early as possible. can u please help me out. |
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| By Ankit on March 8, 2008, 12:40 pm |
Personal detail documents – photographs, passport and visa photocopies, PAN card, residential proof, etc.
Financial detail documents – income documents, bank statements, etc.
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| credit card required |
| By gokuldas on February 23, 2008, 10:03 pm |
my annual income is around RS.2.5 lacs. I am a priority customer of axis bank for the past two years. i availed car loan and paying RS.9250/-EMI and 7 months was over. I defaulted credit card payment 10 years back . i think my name is reflected in sify list. I need a credit card with atleast a limit Of Rs.50000/-
pl suggest me where i can get it |
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| By rimi on March 8, 2008, 12:53 pm |
| you can approach Axis Bank for your credit card requirement. Also you can get in touch with the bank on whose credit card you defaulted on the payment and settle the account with them. Only they are in a position to take your name out of the Satyam defaulter list. It always pays to have a clean credit record. |
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| personal loan |
| By suresh kumar sharma on February 23, 2008, 2:49 pm |
| I want ot take a personal loan Rs-35000/- I want pay it in Emi system up to 24 month . plz tell me what its rate , & it will good for me or not , , my salary is 8000 cash in hand.how much days passed it sanction .i live in a rented house in 1 year more plz tell me soon , it is possible or not , |
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| By soham on March 3, 2008, 10:33 am |
You should be able to get a personal loan, but it will be at a relatively higher rate of interest. The rate will be in the range of 30%. This loan will be subject to your fulfilling all the other evaluation and qualification criteria of the lender. You can approach CitiFinancial, GE Money or IndiaBulls for this loan.
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| By Kamal Yadav on February 26, 2008, 4:33 pm |
Hi, u can call on 9810042425 for the information or can send me a mail on naveenkumar576@gmail.com
Regards
Kamal Yadav |
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| Rates on loans |
| By Kamal on February 23, 2008, 9:04 am |
Is the recent statements made by the finance minister and then a lot of banks cutting there plr ratios mean that rates for loans are going down?
For all of us whose finances depend on the home loan emis should know that may be after 5 years these rates may go down. For new customers the free bies are increasing at rates etc and this month even Hdfc decreased rates for existing borrowers. I hope this trend is followed by all other banks in terms of home loan.
What i want to know from others is the rates of Personal loan also going down?
Whats the scene on such loans? |
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| By Zushi on March 8, 2008, 12:10 pm |
Cutting of PLR means that the rate of lending to prime customers is dropped. This does affect overall loan rates, directly in terms of floating rate home loans and indirectly other secured and unsecured loans. The period between the drop in PLR and reduction in rate of loans is subjective and varies from bank to bank. The revision of the rates is also a function of the frequency, which has been fixed by the banks for rate revision. i.e. quarterly / half yearly / yearly
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| By Ankit on February 25, 2008, 11:29 am |
| Yes, i think home loans rates are getting down but not sure on Personal loan front.Hdfc has reduced rates. |
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