Good evening sir.
With your kind help I took e-term policy from Kotak life.Now I want to purchase a plot by taking loan. I am Andhra Pradesh state government employee. I did not take any loan in any form till now. My net salary for a month is Rs. 40, 000. I can save Rs.15000 per a month. now I have Rs. 3,00,000 in reserve money form and Rs. 1,00000 costs gold in my hands. I want to pawn this gold and also want to take loan to buy a plot of worth Rs. 12,00,000. Is my decision correct sir? I don’t have any assets till now. If my decision is correct, please guide me in this aspect sir. Which companies are giving loan for purchasing plots? How much installment is preferable to my salary?