How much housing loan avalibale from bank

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B.com
3006 Points Joined June 2012

A Small business non gst registered  person sales of turnover rs:32 lacs in f.y. 19-20 and sales of turnover rs:35 lacs in f.y.20-21.if a person vacant site value rs:25 lacs for registered value.

Question:

A person how much housing loan avalibale  as per sales turnover and site registered value received  from bank loan purposes.

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On 26 March 2022 at 15:26 Report
Replies (6)
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CFO- at NHTF
58280 Points Joined August 2012
It depends on bank to bank
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On 26 March 2022 at 19:08
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28026 Points Joined May 2017
It does not depend from bank to bank. It's more or less fixed. All commercial banks have to retain a certain percentage with the rbi.
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On 27 March 2022 at 07:03
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CFO- at NHTF
58280 Points Joined August 2012
Turnover and profits are the criteria for giving loans but each bank has separate rules for giving the amount of loans .

Few banks give loan of 5 times the net profit & few banks give 10 times the net profit..

It vary from Bank to bank
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On 27 March 2022 at 07:12
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B.com
3006 Points Joined June 2012
Property value based how much loan available
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On 28 March 2022 at 09:42
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28026 Points Joined May 2017
Turnover and profit are not the criteria for an individual but for a company involved in infrastructure projects. Cash reserve ratio is maintained by all commercial banks with rbi.
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On 28 March 2022 at 10:07
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CFO- at NHTF
58280 Points Joined August 2012
Then mention zero turnover and zero profit..You will get zero loan for sure ..
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On 28 March 2022 at 11:07


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