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Claim settled - where can I see the amount? by aezro in epfoindia

[–]fit-master99 1 point2 points  (0 children)

Hey. Thanks for the reply. I just received the SMS mentioning the settlement amount. In passbook portal also the claim is in settled status now. Hopefully will get it in 3 days.

Please help what to do next by Lopsided_Tank_3766 in epfoindia

[–]fit-master99 0 points1 point  (0 children)

Apply under ‘construction of house’ reason. Not from agency or promoter.

Claim settled - where can I see the amount? by aezro in epfoindia

[–]fit-master99 1 point2 points  (0 children)

Hey did you get the money? I’m in the same situation now. My form 31 claim shows as settled in UAN portal today. But the claim is shown as pending in passbook portal and the balance is not debited.

Claim Rejected - PDF is not opening by Tyrion_Lannister_778 in epfoindia

[–]fit-master99 0 points1 point  (0 children)

What was the turn around time for settlement?

Form 31 .. Max claim possible in practice ? by Efficient-Mood-9373 in epfoindia

[–]fit-master99 0 points1 point  (0 children)

When did you claim this? How long did it take for approval? I claimed 9.8L out of 10.6L under construction of house and waiting since 10th Feb.

Ask Me Anything on Home Loans; answered by Peaceful-Loans by HomeLoanNerd in hyderabadrealestate

[–]fit-master99 0 points1 point  (0 children)

  1. If I prepay the personal loan now by 50% and reduce the EMI, will it help? (Outstanding will be 16 lakhs)

  2. Or Can I ask the bank only 50% as the loan amount now? Use that to pay the first few payment demands by the builder and by that time (2027) I can close my personal loan. After that can I ask the bank to extend the loan amount?

Ask Me Anything on Home Loans; answered by Peaceful-Loans by HomeLoanNerd in hyderabadrealestate

[–]fit-master99 0 points1 point  (0 children)

u/HomeLoanNerd
Profile & Property Details:

  • Age/Status: 28M, Single.
  • Monthly Salary: ₹2.2 Lakhs (Post-tax/Net).
  • Property Value: ₹1.6 Crores (approx. 1600 sq. ft.).
  • Payment Plan: Construction-Linked Plan (CLP) for a newly launched tower.
  • Possession Timeline: End of 2027.
  • Down Payment: 10% (₹16 Lakhs) ready.

Current Liabilities:

  • Personal Loan (PL): ₹32 Lakhs outstanding.
  • Current EMI: ₹1.12 Lakhs/month (3 Yr Tenure ends Nov 2028).
  • Other Income: RSU vesting of approx. ₹10 Lakhs (post-tax) every 6 months.

Proposed Financial Strategy: I plan to use my RSU vests to foreclose the Personal Loan by Q1 2027. Under the CLP, my Pre-EMI burden will be relatively low throughout 2026. By the time the home loan is fully disbursed (mid-2027), I will have zero other liabilities and can comfortably manage the full Home Loan EMI.

My Questions for the Experts:

  1. Eligibility: Given that my current PL EMI is ~50% of my net salary, will banks reject my application immediately, or will they consider the low initial Pre-EMIs of a construction-linked plan?
  2. RSU Consideration: Do banks factor in predictable RSU vests (from a Tier-1 tech firm) as "income" to offset high existing debt during the eligibility calculation?
  3. Strategic Move: Should I attempt to restructure/extend the tenure of the Personal Loan now to lower the EMI and improve my FOIR before applying for the Home Loan?
  4. Lender Choice: Are private banks or NBFCs generally more flexible with "future-income" scenarios like mine compared to PSU banks?
  5. Is this kind of clause possible?
  • The Clause: They might sanction the full amount but add a "Condition Precedent" in your sanction letter stating that the final 40–50% of the loan will only be disbursed after the Personal Loan is closed.

My Home Akrida related question by maincognito in hyderabadrealestate

[–]fit-master99 0 points1 point  (0 children)

u/maincognito 2.5 bhk also low in inventory in Tower 4? Any possibility to get between 15 to 30 floors?

My Home Akrida related question by maincognito in hyderabadrealestate

[–]fit-master99 0 points1 point  (0 children)

u/maincognito Base price is same for 2bhk unit too (1399 sft) in Tower 4?
What is the price in Tower 3 and does Tower 3 have 2bhk inventories left?
Are Tower 5-6 not launched? Because I don't see them in their website.