Loan for land purchase.

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mahesh_uls
Posts: 11
Joined: October 5th, 2012, 5:09 pm

Re: Loan for land purchase.

Post by mahesh_uls »

Hi All,

can somebody please let me know if axis bank strictly follows the construction condition. i have given a affidavit stating that construction would start within one year. But will the bank strictly follow this condition. Any body who has loan with axis bank, pls let me know.

Regards
M
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mahesh_uls
Posts: 11
Joined: October 5th, 2012, 5:09 pm

Re: Loan for land purchase.

Post by mahesh_uls »

Hi All,

can somebody please let me know if axis bank strictly follows the construction condition. i have given a affidavit stating that construction would start within one year. But will the bank strictly follow this condition. Any body who has loan with axis bank, pls let me know.

Regards
M
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nagarjunkatta
Posts: 161
Joined: August 15th, 2011, 4:39 pm

Re: Loan for land purchase.

Post by nagarjunkatta »

No. Dont worry. there are some friends who have taken loan from Axis and they dont insist. Its RBI mandate and hence they take such undertaking....
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