Subvention Scheme is Fake

₹94.5 L
Possession on: Dec 2018
Status: Ready to Move
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Subvention Scheme is Fake
Jun 30, 2019 08:33 AM 11993 views (via Mobile)

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Don't go for subvention scheme. Initially for a month or two they will pay installments to bank, then thereafter every month your loan account will be liened as ATS will fail to pay. This way you will have triple loss , specially if your account is in ICICI Bank.


You can't avail the tax benefit


You end up paying more interests


You end up paying more cost of the property


Totally gross affair.



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