http://reversemortgageloanblog.com/2008/02/20/reverse-mortgages-fail-to-take-off-in-india/ News and discussion about Reverse Mortgages Sat, 30 Apr 2011 21:05:04 +0000 hourly 1 http://wordpress.org/?v=3.0.5 http://reversemortgageloanblog.com/2008/02/20/reverse-mortgages-fail-to-take-off-in-india/comment-page-1/#comment-1942 G.H.Khan Sat, 30 Aug 2008 04:51:46 +0000 http://reversemortgageloanblog.com/2008/02/20/reverse-mortgages-fail-to-take-off-in-india/#comment-1942 The banks, in general,are not intrested in extending RML.When approached,they discourage the applicants.Major obstacles are in the way is,the Banks consider only those houses which are alloted by State Housing Boards and Development Authorities.Own constructed houses on private land and housing societies land are not considered for the purpose. The desirous senior citizens are disappointed with the attidudes of Banks. The banks, in general,are not intrested in extending RML.When approached,they discourage the applicants.Major obstacles are in the way is,the Banks consider only those houses which are alloted by State Housing Boards and Development Authorities.Own constructed houses on private land and housing societies land are not considered for the purpose. The desirous senior citizens are disappointed with the attidudes of Banks.

]]>