So when we go hopping for home loan from a bank, it would be for 30 lakh (bsp) or 38.86 lakh(grand total).
You should apply for loan keeping in mind the grand total.
Also, keep in mind an un-written rule:
Bank would normally NOT approve the whole amount that you apply for. This is simply based on the assumption that a person applies for maximum amount that they can get. So, they try to push you back a bit and force you to pool in some money even if you are eligible for a higher amount.
Does that answer your question?
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