Home Loan Statment

[Rohit0202]

Hi Seniors,

I have few questions regarding POF. Please help.

1. Maintained sufficient funds in saving account(CITI)
2. Have home loan and car loan in India(SBI)
3. My father transferred 3lacs to my home loan account. Will there be any problem with this?

Do I need to show home and car loan statements of 6 months? I am copartner with my wife. She is the primary loan accounts holder.

Anyone faced any issue due to home loan and how to represent it in POF account section.

 

[snooozefeed]

Hi Rohit,
My case is somewhat similar to yours.
I have an ongoing home loan in India ( Axis).
Can you please share your experience with me?
snooozefeed@gmail.com
Thank you in advance.

 

[lampbreaker]

Just show the savings account.

 

[snooozefeed]

So the home loan won't really matter if I maintain enough balance on my saving account?

 

[lampbreaker]

It does not matter any way. They just want to know if you borrowed money to show the sufficient funds. So personal loans etc. may be a problem, but home loan, car loan, student loan etc. is never a problem.