Gestation period for housing loan
This query is : Resolved
Sunny Samala
(Querist)
14 April 2014
why do bank give gestation period for housing loan? why dont they collect EMI immediately after sanction of loan???
Nikhil Kaushik
(Expert)
15 April 2014
well so that the borrower can atleast get time to settle down before start repaying. the idea is not to burden the borrower.
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