Query :- I am an NRI working at Doha, Qatar. I have a home loan of Rs.950000/- and my current emi is rs.10500 /- my bank is not able to provide me a top up of another 1000000/ rs which is urgently required for the renovation,repair,extension etc; my present salary is rs.50000/- and the market value of my said home is now valued @ 65 lacs. Kindly advice me with suitable options considering me as an nri.
Answer:- You should consider transferring your loan to an alternate bank. They would be able to take over your existing loan and also offer you the top-up that you need.
Query :-I am a very old customer of SBI and have an account in the Kurla (west) branch of Mumbai. The pin code is 400070.I wanted to apply for a credit card on line but could not go further from the first page itself. As I am a housewife, I was not able to go ahead of the Employment status option. I do pay my regular taxes and so I have a Pan card. I would like to enquire whether there is an option of applying online for credit cards.
- Are you caught in a debt trap?
- Are you unsure about how to manage loans/credit cards?
- Are you clueless about how to reduce your EMIs on multiple loans/cards?
If you need any help - feel free to ask our Loan Guru- Amitoj