Loan Against Property In India

[kathanayakudu]

Taking loan in US or India which option better antaaru? I think US lo personal loan tappinchi, home equity loans for a property in India ivvaremo kada???? Personal loan interest ante almost same as home equity loan interest rate india vuntada? 

 

Ivanni kakunda asalu best option ento cheppandi plzzz.

[kathanayakudu]

by the way, home value around 30 lakhs and i need 25 lakhs. ippudu cheppandi bro... what to do what not to do!

[Captain_nd_Coke]

India lo kuda 30l property ki 25l ivvaru ga

[kathanayakudu]

poni 20 lakhs aina parledu bhayya! asalu option edi better aa ani?

[MeetFriendz]

eeekada personnel loan tesuko ... its much less than loan in india ... also as captain said  they dont give more amount  i think 

[Spartan]

as u mentioned....

 

India lo property ki US lo loan ivvaru obvious...

 

nuvvu India lo teskovali ante....chala kathal unnai..power of attorney adi idi details chala ekkuva ..

 

US lo personal loan maximum 15K-20K kanna ekkuva ivvar and that too APR 14-25% untadi minimum.....

 

nuvvu 20lacs kaval antunnav kabatti u need somewhere around 40K$...india lo home loan APR 11% untadi....

 

oka india trip vesi...anni documents ready cheskon..

 

 

NRE account open chesko..

 

Loan processing kosam GPO ni set cheyi me dad or evarikaina..

 

property loan kosam pay stubs w2 etc avanni submit cheyi akkade... 

[saradagakasepu]

nuvvu konali anukune property/land evaluate chesi 80% ye loan istharu...nuvvu 30 lacs anukune property vallaki 25lacs ye anipinchindi anuko...you will get 80% of 25 lacs...ante 20 lacs...

 

okkosari evaluate chese vadini manage chesi aaa property/land value 37.5 lacs veyinchachu...appudu 80% of 37.5 lacs...ante 30lacs loan vasthadi...but ila manage cheyyadam kashtam..

 

 

worst case lo neeku 20lacs ye loan sanction avthadi anuko...you still need 5 lacs after taking loan in india...india lo bank entha interest vesthunnadu? ikkada nuvvu personal loan theeskunte 25 lacs rupees = 2500000/ 60 = $42K approx...ikkada personal loan interest entha? 

 

 

US lo 42K loan unchukuni vere loan ki apply chesthe (auto/home loans, etc.,) approve ayye chances thakkuva untay kada...so i would say better take loan in india

 

 

 

 

paina chitti baa cheppinattu NRE acc open chesko..me nanna ki power of attorney ivvu

 

 

 

[kathanayakudu]

Thank you guys! Aithe NRE account open cheyyali tondaraga. Meeru cheppinattu India lo loan better option anipisthundi. Emanna balance avasaram aithe ikkada teeskunta. NRE account lonchi pay cheyyalante, recurring deposit account teeskovala/ current account aa? Fixed dep account aithe bayataku munde tiyyalem kada.

[VenkatD]

ltt

[chandra916]

Better first mi parents ni consult chey bhayya.....hakf amount bank and half amount evarina thelisina valla daggara thakkuva interest ki with bond try chey