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Re: Loan for land purchase.

Posted: May 6th, 2013, 3:24 pm
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

Re: Loan for land purchase.

Posted: May 6th, 2013, 3:43 pm
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

Re: Loan for land purchase.

Posted: May 6th, 2013, 4:03 pm
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....