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repayment of housing loan

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(Querist)
24 November 2016 Can Housing loan be repaid by taking unsecured loan from frnds
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CA. Vinodh Kothari

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CA. Vinodh Kothari (Expert)
24 November 2016 Yes housing loan can be repaid by taking unsecured loans from friends but you will not be able to claim exemption of Housing Loan Interest on unsecured loan taken from your friend.

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Sahil Chhabra

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Sahil Chhabra (Querist)
24 November 2016 is there any limit of unsecured loan
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
04 November 2021 No limit, provided taken by any banking mode.
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