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Harsh Roongta

Harsh is CEO, Apnapaisa Private Limited. He is counted among India's foremost personal finance experts. After a successful entrepreneurial stint and an equally impressive career at ICICI, Harsh co-founded Apnaloan.com in 2000, in partnership with other accomplished industry professionals.
Apnaloan.com has since become part of the larger Apnapaisa Private Limited. His knowledge of the minutiae of personal finance products be it loans or insurance, has successfully driven the Apnapaisa ethos - that of a comparison site bar none.
His ability to perceive the less-than-obvious angle on a story stands him in good stead while answering queries - on the Apnapaisa portals, online chats, or on his regular appearances on the major TV channels.
When it comes to personal finance, Harsh has been the go-to guy for quotes and opinion for all major newspapers for quite some time now. While dispensing eminently practical wisdom, he has succeeded in taking time out to co-author The Complete Home Loan Guide, a popular guide to home loans.

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Date : 5 Aug, 2009

Question

Sir, i am drawing a salary of 16000 monthly and my husand in social work organisation getting less salary which we are sending to our inlaws with part my salary i want to buy a house my aim is to buy land or house yesterday i saw an individual house worth 20,00000 agreement 2 lakhs but i dont know whether i will get loan i want full loan pls give me suggestions

Answer

A bank can give only up to 80-85% of the cost of property based on your income and tax returns filed. Check the home loan eligibility calculator.

View Questions/Answers


	26581	Hi,I have one flat which has market value of 35 lak I already have loan against(Loan Against Pr
	26573	Dear Sirs, Kindly let me know if I will be able to procure loan against properyty by pledging m
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	26547	dear sir i need home loan against property in allahabad bank gorakhpur so please give me advice
	26546	Is it mandatory to submit completion certificate to get a loan? Property is 14 years old and cu
	26530	I have a housing loan with Union Bank of India of 3.5 lacs which I had taken 7 years back,now I
	26520	Hi , I wanted loan from private finiance who are providing loan becuase we had property worth 2
	26505	I want to take a loan of 10 lakhs against property to start a business.The property is in my fa
	26503	I want a loan amount of Rs One Crore for Sandalwood plantation.Where i can apply for the same?
	26494	sir/Madam My cousine brother require loan against property ,The property is located at the
	26458	Kindly address to my following query: My Client the bidder whose bid was accepted has been giv
	26446	Kindly address to my following query: My Client the bidder whose bid was accepted has been giv
	26436	hello, dear sir, i requires loan against industrial property i.e. factory shed of with total la
	26419	It is right to purchase mortgage agriculture land via a socity developer who is saying that it
	26399	dear sir I own a house at a prime location in jaipur worth 4 crores now i want a loan to of aro
	26388	sir, I,m looking for a loan of thirty lakhs rupees against 2.5 acre agricutural land in sonepat
	26351	Hello this bhargavi. We need loan of 5 Lacks on property whose market value is 20Lacks. Actuall
	26345	Dear sir, MY mom have a house in hyderabad whose market value is nearly 20Lcaks but it is not
	26321	Sir, I am having a land document. We are going to build the house. But we are not the owners, O
	26320	Sir, I need a help related to Indian property law. I bought a land without a house from a pers
	26305	sir, i am in need of loan against my property. due to my business slow down i am going for this
	26294	please make me available provisions for financing against property of HUF as securtiy (Mortgage
	26268	Sir, i am drawing a salary of 16000 monthly and my husand in social work organisation getting l
	26265	My father is retired Govt. servant and has got a Residential property worth Rs. 70.0 Lacs. I re
	26250	i have a industrial land in nagpur which is under midc. i live in noida. i have taken the posse
	26248	can i get a loan against a unconstructed plot? what is the rate of interest? what is the term (
	26213	Respected sir ,i have to construct our Guest house in katra (vd). so pls give me our viws how t
	26190	Hi Sir m Can i avail home loan (finance from bank if the proerty i buy i mean falt is on Pow
	26184	After my father's death, my mother and my sisters gifted the house to me.I have the notarised g
	26183	hi,iam 57 yrs old retired (on 31st jan,2009)paramilitary personnal am i eligible for loan agai