I have borrowed loan from SBI Yuva HL Maxgain. Full amount will be disbursed in 2 months. Can I invest my idle funds in it like it is possible in SBI maxgain. If yes then how it will be treated? Will interest be only adjusted from EMIs for first 36 months?
After the entire amount will be disbursed to you, ask your branch to give you transaction rights on max gain. Principal will not be adjusted for loan and it will keep on adding to your available balance which will result in bringing the interest outflow to a lower level.