How is loan sanction amount computed
This query is : Resolved
24 July 2010
Dear all,
How is home loan amount to be sanctioned computed in case of 'no account case assesses'(small business)? ie only the profit and few figures are available.. so what procedure is followed?
for eg.- if assessee has profit 100000, 150000, 200000 in 3 consecutive years.. so how much home loan can he get sanctioned approximately if the repayment period 20 years
How is home loan amount to be sanctioned computed in case of 'no account case assesses'(small business)? ie only the profit and few figures are available.. so what procedure is followed?
for eg.- if assessee has profit 100000, 150000, 200000 in 3 consecutive years.. so how much home loan can he get sanctioned approximately if the repayment period 20 years
24 July 2010
pLEASE FIND THE LINK , IT MAY BE HELPFUL FOR YOU TO CALUCLATE LOAN ELIGIBILTY
http://www.apnaloan.com/loan-advice-india/home-loan-eligibility.html
http://www.apnaloan.com/loan-advice-india/home-loan-eligibility.html
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