1. #1
    Unregistered

    Procedure to get a house loan? Maximum amount, I can get through House loan?

    I am working in electric department of northern railways. My pay scale is 5200-2800. Can I apply for house loan? What is the procedure? I also want to know that how much amount I can get through this procedure?

  2. #2
    Labournet Law Consultancy Array
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    Re: Procedure to get a house loan? Maximum amount, I can get through House loan?

    Yes of course you can get a home loan. Since you are a government employee every bank will be ready to give you a home loan. For applying for a loan you have to approach the branch manager of a bank and fill up the forms with relevant documents. But you should be careful that you should take a loan from an nationalist banks only. In the beginning the private banks will be very attractive but at last you will be in trouble. According to me its better to take loan form State Bank Group. You will get a loan of 75% of your budget.The re payment period will be from 5 years to 25 years according to your choose. According to me you go for 25 years.
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  3. #3
    wipro84 Array
    Join Date
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    Re: Procedure to get a house loan? Maximum amount, I can get through House loan?

    Hi friend,

    Nowadays it is very easy to get the house loan.

    ---> Many banks providing the house loans with offers.

    ---> The house loan varies according to the area vise.

    ---> The house loan will be given in the range 5 lakhs to nearly 30 lakhs.

    ---> The salaried employees will get the home loan very easily.

    ---> If you know any employee in bank it is very easy to get the loan.

    ---> Banks providing the house are

    Andhra bank,
    Central bank of india,
    Bank of india,
    State bank of india,
    IDBI Bank,
    Axis bank,
    ICICI bank,
    Overseas bank,
    Bank of baroda,
    Indian bank etc.


    Thank you................

  4. #4
    venki Array
    Join Date
    Jan 2013
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    344

    Re: Procedure to get a house loan? Maximum amount, I can get through House loan?

    hello friends...

    Yes you can get the bank loan every government employees the bank are ready to give the home loan to him


    the repayment of amount is 5 years to 25 years that depend on your own choice.

    nowadays every bank is providing home loans

    the famous banks providing house loans are

    1)ICICI bank

    2)HDFC

    3)AXIS

    4)AndraBank

    5)SBI

    6)SBH

    7)Central Bank

    best of luck

  5. #5
    Param Array
    Join Date
    Sep 2012
    Posts
    298

    Re: Procedure to get a house loan? Maximum amount, I can get through House loan?

    Dear Friend!

    Any banks provide Home loan for a government employee or private employee with high salary or a business man if file RTI file for government and can get any kinds of loan from bank for any purpose. While you are a government employee and working in a electric department of northern railways. So you are eligible for loan for home loan. I would suggest you to contact with banks from which you want home loan "how much amount can get" and for more details.

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