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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
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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 |
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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