Economics · Economy
A bank is considering a housing loan application for a property valued at 40 Lakh. Based on RBI's Loan-to-Value (LTV) guidelines for housing loans above 30 Lakh and up to 75 Lakh (where the maximum LTV ratio is capped at 80%), what is the maximum housing loan amount the bank can sanction for the property value?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 128,00,000
- 230,00,000
- 336,00,000
- 432,00,000✓
Correct answer
32,00,000
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