I have an account in the name of my child for 15 year saving plans, now I have complete 10 years, can I take loan from the a/c as a guardian of the child
I have completed 2.5 years in my previous company . The PF was accumalted in Trust of the company . Now when I have asked about withdrawl the company HR tells me he is going to deduct 30% tax if I withdraw it . Is this legally allowed and ethical to cut 30% from Accumalated figure?
Hi, Is it correct to repay the housing loan fater if I have money in hand, considering that I have floating rate for my loan? Or should I continue to pay EMI and invest teh money in hand else where? Which is the better one?
I availed housing loan of Rs.2,50,000/- on floating interest rates for twenty years from ICICI bank three years back. Now consequent upon rising interest rates, the bank has enhanced the tenure of my housing loan instead of enhancing the loan instalment without taking my consent. My questions are:
1. Can bank enhance the loan tenure at its own without taking the consent of customer? 2. I intend to close this account? What steps should I take to minimize the loan prepayment and to avoid penalty?
I've taken loan of Rs.15 L from SCB @ 7% but now it has gone upto 11%. Pl suggest if I want to repay the loan , I should ask them to reduce my principal amount OR Tenure OR both if possible.
Hi, I have a home loan and in first year I had paid 2 Lacs as interest and toook possession of house towards year end in march month. Next year it was 1.6 Lac and in 3rd year it is 1.4 Lac. Could I claim balance amount of interest form first year in thsi year to get maximum benefit of 1.5 L interest expemption. Thnaks.. -Shailesh
Dear Sir, I have taken a modgage loan from a Co.op bank, Can any bank convert this to a housing loan, if i transfer. awaiting for your reply. best regards Venkat
