chittiR Posted October 19, 2020 Report Share Posted October 19, 2020 Hi All, Oka property thesukundham ani planning, cost 1.2 cr.. which bank offer best loan, and what is the minimum downpayment? Quote Link to comment Share on other sites More sharing options...
JingBang Posted October 19, 2020 Report Share Posted October 19, 2020 Ltt heard SBI is best but not an expert, so will wait for others opinions. Quote Link to comment Share on other sites More sharing options...
Assam_Bhayya Posted October 19, 2020 Report Share Posted October 19, 2020 SBI or LIC better in terms of property verifications and legal opinions by lender's internal legal department. If not HDFC, ICICI or IDFC also ok not bad. Process: look for a property. take photo copies of the property and get it checked with the bank loans agents if the property gets mortgage loan. usually 70% of the properties are usually eligible for mortgage loan. Sign an agreement of sale with the owner/builder/developer. Get the loan application filed with the help of loan processing agents Required docs are u r address proof in india like aadhar, passport and pan card photo copies proof of income and bank statements(us) visa copy property agreement copy with the builder/owner that you made by paying some token amount A GPA(general power of attorney) on your family member or friends who can execute the transactions on your behalf, but the property will be on your name. Bank do internal processing of validating the property documents, link documents and other documents. Then bank approves loan. Finally registration on your name which will be executed by your GPA holder as a virtual buyer and builder/owner as seller. https://www.sulekha.com/home-loans/hyderabad Quote Link to comment Share on other sites More sharing options...
Ryzen_renoir Posted October 19, 2020 Report Share Posted October 19, 2020 1 hour ago, chittiR said: Hi All, Oka property thesukundham ani planning, cost 1.2 cr.. which bank offer best loan, and what is the minimum downpayment? Property antey enti , house ? Plot ? Apartment ? Agricultural land ? Commercial complex ? Loan amount depends on this Quote Link to comment Share on other sites More sharing options...
tom bhayya Posted October 19, 2020 Report Share Posted October 19, 2020 3 minutes ago, Ryzen_renoir said: Property antey enti , house ? Plot ? Apartment ? Agricultural land ? Commercial complex ? Loan amount depends on this GO 111 land aithey entha ravochu loan? 1 Quote Link to comment Share on other sites More sharing options...
Assam_Bhayya Posted October 19, 2020 Report Share Posted October 19, 2020 3 minutes ago, tom bhayya said: GO 111 land aithey entha ravochu loan? 100% osthadhi anna. . . 0% interest rate. . . . GO enthinaka EMIs start ayithayi anta. 1 Quote Link to comment Share on other sites More sharing options...
Ryzen_renoir Posted October 19, 2020 Report Share Posted October 19, 2020 4 minutes ago, tom bhayya said: GO 111 land aithey entha ravochu loan? Assam ki train tickets vasthayi Quote Link to comment Share on other sites More sharing options...
chittiR Posted October 19, 2020 Author Report Share Posted October 19, 2020 2 hours ago, Ryzen_renoir said: Property antey enti , house ? Plot ? Apartment ? Agricultural land ? Commercial complex ? Loan amount depends on this independent house.. 150 sq yards.. HDMA layout..and minimum downpayment entha kattalsosthadi Quote Link to comment Share on other sites More sharing options...
chittiR Posted October 19, 2020 Author Report Share Posted October 19, 2020 2 hours ago, Assam_Bhayya said: SBI or LIC better in terms of property verifications and legal opinions by lender's internal legal department. If not HDFC, ICICI or IDFC also ok not bad. Process: look for a property. take photo copies of the property and get it checked with the bank loans agents if the property gets mortgage loan. usually 70% of the properties are usually eligible for mortgage loan. Sign an agreement of sale with the owner/builder/developer. Get the loan application filed with the help of loan processing agents Required docs are u r address proof in india like aadhar, passport and pan card photo copies proof of income and bank statements(us) visa copy property agreement copy with the builder/owner that you made by paying some token amount A GPA(general power of attorney) on your family member or friends who can execute the transactions on your behalf, but the property will be on your name. Bank do internal processing of validating the property documents, link documents and other documents. Then bank approves loan. Finally registration on your name which will be executed by your GPA holder as a virtual buyer and builder/owner as seller. https://www.sulekha.com/home-loans/hyderabad thanks for the information. Quote Link to comment Share on other sites More sharing options...
kasi Posted October 19, 2020 Report Share Posted October 19, 2020 2 hours ago, JingBang said: Ltt heard SBI is best but not an expert, so will wait for others opinions. i wanted to get a loan from SBI, i hated the experience lavhada lasku questions.....Indian Embassy ki poyi notarylu and they will have additional verification of documentation(this is good, second layer of property verifications) if you want to go with SBI, make sure you start the process like 2/3months before PS: i want to take the loan for that extra layer of protection for the property, they pissed me off and i didnt end up taking a loan. i paid cash Quote Link to comment Share on other sites More sharing options...
kasi Posted October 19, 2020 Report Share Posted October 19, 2020 . Quote Link to comment Share on other sites More sharing options...
Ryzen_renoir Posted October 19, 2020 Report Share Posted October 19, 2020 2 hours ago, kasi said: i wanted to get a loan from SBI, i hated the experience lavhada lasku questions.....Indian Embassy ki poyi notarylu and they will have additional verification of documentation(this is good, second layer of property verifications) if you want to go with SBI, make sure you start the process like 2/3months before PS: i want to take the loan for that extra layer of protection for the property, they pissed me off and i didnt end up taking a loan. i paid cash Government bank aaa mathram untadhi , HDFC will give you a smooth expirerince but higher fee + slightly higher interest rate Quote Link to comment Share on other sites More sharing options...
lastwarning_pk Posted October 20, 2020 Report Share Posted October 20, 2020 Quote Link to comment Share on other sites More sharing options...
kasi Posted October 20, 2020 Report Share Posted October 20, 2020 14 hours ago, Ryzen_renoir said: Government bank aaa mathram untadhi , HDFC will give you a smooth expirerince but higher fee + slightly higher interest rate not sure about fees and interest, but i had frnd working with HDFS and sure it was a smooth process Quote Link to comment Share on other sites More sharing options...
chittiR Posted October 20, 2020 Author Report Share Posted October 20, 2020 3 hours ago, kasi said: not sure about fees and interest, but i had frnd working with HDFS and sure it was a smooth process +1.. got to know that downpayment kuda 10% saripothadi anta through HDFC.. Quote Link to comment Share on other sites More sharing options...
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