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Do SBI bank provide 80% of the basic cost of a flat during home loan? and what about LIC?

Q: I have heard that SBI provides only 80% of the basic cost of flat without reg/taxes. But LIC is providing 80% of the total cost including reg+tax with little high interest rate.. Is it so? Can anyone me help on this topic?

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Replies (4)
1
Vani... seems your Home Loan issue has been solved..Could you share some of your experience with Us...
with which bank you took loan? how much is the interest rate? what all components are included for loan amount? etc
Ankur Mishra


2
Which is the project you are talking about?
Rajveer


3
You can contact your nearest bank to check your loan eligibility.
manoj


4
Hey Vani, I don't think this is correct. Banks actually first do check an individual's loan amount eligibility through different parameters. Based on this, the loan amount will be lended.
Nikhil


5

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