EC funds

[kiladik]

Hi,
Iam applying for EC with one dependent(spouse).

I have around 2 lakhs in my savings a/c and planned to go for another 4 lakh rupees personel loan. Is it ok to take loan of around 4 lakhs or it will create any problem.

Also Iam planning to go for a post dated EC for around 2 months. Do we still need to do hotel booking for accomodation ie., booking should be after 2 months from now.

Best Regards
KK

[salmanghani]

i can't say about ur loan thing but u shd apply alone and bring ur spouse later. As your bank balance is not that much.

Rest senior member can guide you in a much better way.

[piyush123]

I believe that you can go ahead with the loan from any bank. It is an acceptable form of money. Also, 2 lacs in in ur saving account okay. If you have any property in ur name , you can attach that paper as well as a supporting document that ur financially sound.

By the way, can you please let me know the meaning of 'Post Dated EC' and how to go for this. Expecting your earliest response. Thanks!!!