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Moderator
You have not mentioned your earning. Loan depends on the earning of the person. Second point - When you are looking to buy a flat of 450,000, why loan amount 500,000?
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PolicyWala NewBie
I earn 22000 per month and I am looking for loan of Rs 500,000. (As I need to pay the registration fee too)
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PolicyWala NewBie
I also need to pay for some lighting charges and also deposit some security deposit before shifting into the flat, so I need 500,000 (450,000 = flat cost + lighting charges + security deposit etc)
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PolicyWala NewBie
you get the loan amount in any banks and financial company.but you your loan amount 450000 and you get 500000 so this is a query.Any banks pay the loan if you are a employee and pay tax.Per lac installment is may1200 rs per month.
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