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Residential loan on company name

Others 200 views 3 replies

Hello Experts,

I am director of a Pvt Ltd company. My company ITR is around 35 lacs now which is proper however my ITR is not very proper and high and also I do not take regular salary from company to personal account but take random transactions.Also I have issues in cibil due to one credit card issue.

now I wanted to buy one residential property for which I have below queries-

1. Can I take residential property as company guest house on company name and apply loan from company?

2.if yes then my personal cibil score issue will cause a problem in taking loan ? Or only company ITR will be considered?

3.With above said conditions what is the best way to get loan and get tax benefits?

4. After taking NOC from bank for disputes resolution what I should do to recover my cibil score.  Note- I have a credit card also.

thanks- Adish Jain 

 

Replies (3)

TAKE LOAN IN THE COMPANY NAME

u  have issues in cibil due to one credit card issue.and u r director

so diffcult to get loan 

Hi,

Now i also resolved my credit card issue with bank and they are issuing NOC as well, so i can buy residentila property on compang name ?

Now bank will consider company ITR for loan or mine as well ? 

 


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