Housing loan requirements

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 November 2013 Someone suggest me that minimum income required to apply for an housing loan of Rs. 5lakhs, going to apply for loan in August, 2014 with SBI.

Having PAN card since 6years, still no income tax return has been filed.

Source of income is Money Lending and Seasonal businesses.

13 November 2013 that would ask for last 3 years tax returns. Show atleast 2-3 lakh income.

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 November 2013 Thanx for your reply. But here the income means Gross Total Income or Total Income(after deductions)..??

13 November 2013 income means gross total income before deductions. You may show higher income if you wish to.

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 November 2013 Thank you.. :)

13 November 2013 you are welcome.


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