The interest rate is the most important criterion, but also consider how the rate is benchmarked, the terms and conditions for repayment and balance transfer, and the processing fee. .
Banks usually lend up to 80-85 per cent of the property value, and up to 90 per cent in case of properties costing up to Rs 3 million Loan eligibility depends on repayment capacity, which in turn will be a function of your monthly income and that of your spouse, number of dependants, other loan liabilities, etc Loan tenure should not exceed your date of retirement Do a ...
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First Published: Sun, May 20 2018. 21:08 IST
