Can I use ₹40 lakh from my flat sale proceeds for my child’s education and the rest for a second home loan?
I plan to sell my flat and would like to allocate a portion of the proceeds toward my child’s education. My question is: can I use approximately ₹40 lakh for my child’s education and apply the remaining funds toward a second home loan? Raj Khosla, Founder and MD of MyMoneyMantra.com You are free to utilize … Read more