A person with savings of ?16 lakh wants to buy a ?2 crore 2BHK flat in Mumbai with a bank loan covering 60% of the cost. They may need to consider a lower-priced property, as the 10% down payment alone is higher than their current asset pool. If they take a loan of ?1.8 crore for 20 years, the EMI would be approximately ?1.56 lakh. To transfer funds from an existing PF account to a new one, the employee needs to email both UANs to [email protected], and submit a claim to transfer the EPF ac...
A person with savings of ?16 lakh wants to buy a ?2 crore 2BHK flat in Mumbai with a bank loan covering 60% of the cost. They may need to consider a lower-priced property, as the 10% down payment alone is higher than their current asset pool. If they take a loan of ?1.8 crore for 20 years, the EMI would be approximately ?1.56 lakh. To transfer funds from an existing PF account to a new one, the employee needs to email both UANs to [email protected], and submit a claim to transfer the EPF ac...
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