Date: 2008-09-29 00:18:21
Message:
City: Mumbai
Employment Status: Self Employed
Date of Birth: 01-06-1968
Earning Members: 1
Dependants: 1
Net Salary: Rs. 75000
Assets
Property: Owned
Vehicle: Financed
Other Assets: Owned
Loan Details
Loan Type: Personal Loan
Loan Amount: Rs. 265000
Tenure: 48
Emi: 7689
ROI: 18
Emi Paid: 22
Loan Type: Property Loan
Loan Amount: Rs. 499000
Tenure: 60
Emi: 11783
ROI: 15
Emi Paid: 08
Loan Type: Property Loan
Loan Amount: Rs. 383000
Tenure: 60
Emi: 11148
ROI: 20
Emi Paid: 04
Loan Type: Property Loan
Loan Amount: Rs. 318000
Tenure: 36
Emi: 11763
ROI: 20
Emi Paid: 09
Loan Type: Property Loan
Loan Amount: Rs. 217000
Tenure: 48
Emi: 5478
ROI: 48
Emi Paid: 11
Query: I wish to consolidate all my personal loans and make to one emi with lower rate of interest and longer tenure thus minimizing my monthly liabilities.please suggest the appropriate way to go.thanx.
----------------------------------------
Date: 2008-09-29 15:21:52
Message:
Do you have any assets you can leverage / mortgage / liquidate to improve your cash flow situation ?
Please revert with any clarifications on the above answer.
Regards,
Amitoj Sethi
www.deal4loans.com
----------------------------------------
Date: 2008-09-29 23:40:26
Message:
I have given you the details of my all unsecured personal loans, I wish to consolidate these accounts on the same grounds, i have the assets but I think there is no need of the same in case of the unsecured finance.suggest only the way out on these grounds.
----------------------------------------
Date: 2008-10-01 01:16:35
Message:
On your unsecured loans , there is not much top-up amount available to reduce the debts. Hence asked for assets if any to improve the cash flow.If you can mortgage your assets , use the funds to close your loans which have higher interest rate.
Please revert with any clarifications on the above answer.
Regards,
Amitoj Sethi
www.deal4loans.com
---------------------------------------
Date: 2008-10-01 13:52:13
Message:
can i avail overdraft facility on the basis of the track of my housing loan? i have my 2 ongoing housing loan tacks with PNB,1ST IS OF 510000/- EMI 4200/- almost 48 to 50 emis paid & the 2nd is of 984624/- emi 8230/-almost 40 emis paid.there is an appriciation of almost 35%in the cost of the property as on today from the date of purchase of the property.
---------------------------------------
Date: 2008-10-03 11:21:22
Message:
Yes , you could approach your bank & ask them for a top-up loan on your existing home loan.As the property value would have appreciated by now.
Please revert with any clarifications on the above answer.
Regards,
Amitoj Sethi
www.deal4loans.com
----------------------------------------
Date: 2008-10-04 22:20:04
Message:
THANX,I WILL SPEAK TO BANK PEOPLE AND THEN REVERT BACK TO YOU IF REQUIRED.
----------------------------------------