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i am a accountant and my salary is 16500 pm.. i want a
housing loan from nationalize bank up to Rs. 700000/- and i
want to pay EMI near about Rs.2000-2500 per month so can i
get loan form bank if yes, for how many years (loan
repayment years) ? pls answer me

Answers were Sorted based on User's Feedback



i am a accountant and my salary is 16500 pm.. i want a housing loan from nationalize bank up to Rs...

Answer / vvivek22

Loan Amount : 7 Lakhs
Rate of Interest : 10%
No. of Years : 20 Years
Monthly EMI : Rs. 6576

I hope this clarifies you query.

Regards,

Vivek,
Hyderabad.

Is This Answer Correct ?    3 Yes 1 No

i am a accountant and my salary is 16500 pm.. i want a housing loan from nationalize bank up to Rs...

Answer / chinmay gujarathi

Yes you can take loan from the nationalised banks. The years
taken for repayment would be as follows.

700000/2000 = 29 years

Is This Answer Correct ?    1 Yes 3 No

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