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How to repay mortgage loan over delay in construction?- Property Hotline
Posted
July 29, 2016
Views
56
July 29, 2016
56
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3:16Now PlayingExpert: Kartik Jhaveri, Founder & Director of Transcend Consulting India Pvt Ltd.
Question: I have a mortgage loan from SBI with 2 year tenure. However, the house was not constructed on time due to some personal issues. In this case, do I have to pay any fine? How do I go about with this loan?
Answer: There is no such fine as long as you are servicing the loan - all is well. The agreement which you have signed with the bank says that you have to pay any fine then only you will have to pay. Just check your agreement with the lawyer so that he can guide you.
Be Un Confused
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