LTV otherwise Financing in order to Worth Proportion are 90%
3. 100% of your approved count is going to be availed as Home loan against Worth of: A different sort of well-known myth. Take note that as per RBI direction banking institutions can be give only 90% regarding value of as a mortgage for Home loans off upto 20 lakh we.e. Also for Mortgage out of anywhere between 20 lakh and you may 75 lakh, LTV are 80% & Financing so you can Worthy of ratio are 75% having Mortgage brokers in excess of 75 lakh. As per RBI direction, stamp obligations and you may registration charges aren’t included in the assets well worth by finance companies. Read more