Q:I want to buy a flat already under loan in Andhra Bank (oustanding loan is 9.5 lakhs) since Feb 2010, is legal opinion again necessary if I want to take home loan (loan of 14 lakhs) from other branch of Andhra Bank?
Latest Answer: Yes, you can take a loan for this project, there is no issue, but the seller has to close his loan as soon as possible.Apply fresh loan application.