November 25, 2016
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5:42Now PlayingExpert: Expert: Harsh Roongta CEO, Apnapaisa.com, Home Finance Expert.
Question: Which is the best bank to avail loan SBI or ICICI? What should be the maximum loan amount eligible when you are buying a home costing Rs 1.3 crore and if I have earned Rs 90 lakh?
Answer: The question on max amount of loan is not very clear. It seems you require a loan of around Rs 40 lakh. You will be eligible for the loan provided your net annual income is around Rs 9 lakh and you are less than 40 years old and have no other loan servicing needs. As far as best bank is concerned in terms of rate etc. there is very little difference between the 2 and you should decide on the bank that will fund the property chosen by you.
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