Antony Projects Pvt Ltd : Chennai

	FAQs
	What security does one provide against the loan amount to be borrowed ?
	Sale deed of the property.
	Can one repay the loan ahead of schedule ?
	Yes, it can be done.
	Does the property have to be insured ?
	It is advisable to be insured.
	Home loans : What is the amount which can be sanctioned ?
	A maximum amount of 85% of the project cost.
	What is meany by an EMI (Equated Monthly Installments)?
	The amount to be paid to the bank every month comprising an amount towards principal and interest.
	What is the pre-EMI interest ?
	The interest one need to pay once the disbursement of loan amount.
	What is a floating interest rate ?
	Floating interest rate varies from time to time depending on the RBI guidelines to banks and other financial institutions.

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