Dear Sir / Madam,
Recently i have applied for home loan and got sanction from one of the nationalised bank. I am suppose to pay 70% of the total property cost to builder as the building is under construction. but my question is even though bank is going to give me disbursement of 70% of my sanction amount they are saying that the EMI which i need to pay every month would be same even if they giving 70% of total sanction amount. Is this feasible. It would great help if you could help me to understand the same.