Need A Financial Product Forums Loans Should I invest surplus amount in SBI Maxgain OD account

This topic contains 1 reply, has 2 voices, and was last updated by  Sudhir Trivedi 3 years, 4 months ago.

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  • #47239

    I have purchased builder flat for which I have taken a loan of Rs. 17, 50,000 from SBI maxgain. The property is under constructed and bank has disbursed only Rs. 4, 00,000 till now. I have paid 5 lakhs to builder from my own pocket apart from loan. Next installment to builder is due for Rs. 5 lakhs in next month which again I will be paying on my own. Will you suggest me to deposit surplus Rs. 3, 00,000 in OD account?


    Deepak Patil

    No, since your loan is partially disbursed, you will not be allowed to withdraw from your account.

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