Co-applicant to a home loan claim HRA benefit?

Can a Co-applicant to a home loan, not a co-owner, claim HRA benefit?

I need to know if I can get HRA benefit while being a co-applicant on a home loan. I am becoming co-applicant just to increase the loan limit of the loan taker and I would not be the owner or co-owner of the property.

Employer lying about a laid off employee to get a home loan?

I have a employee that was laid off over a month ago. He is applying for a home loan and they are trying to verify his employment here at my company. If I say he is not employed, he will not get the loan. If I lie and say he still is employed I could very well be granting the loan. Are there any implications on my end for helping him out if something comes up later on?

I agree with the "off to jail" answerer and have this to add: this kind of bogus reporting is half of what got this country into this economic mess that we're in. People falsifying reported income, loan agents pumping people up into thinking they could afford more than they really could. Do not jeopardize your career/family/freedom/reputation to help get someone into a loan that they may or may not be able to afford. What you need to do is to give this former employee a truthful report when someone else calls you for an employment reference. That is the biggest favor you can do. He will have to get the home/job/etc on his own merits and abilities.

Which rate of interest will be charged to me on a Home Loan?

Sir, I have applied for a home loan from HDFC bank. The day when i applied for the loan, the rate of interest was 10.25% and now it has become 11%. so which rate of interest will be charged to me. The rate of interest on the day of application of the home loan or the day when i take the first disbursement of the loan ? please reply as soon as possible.

The rate of interest on the date of application will not hold good. The interest rate prevailing on the date of disbursal will be charged. one more detail for you. There are two types of interest rate Fixes & Floating. the rate you are mentioning is certainly floating rate. in fixed rate the interest rate will not be changing to you for three years. in floating rate if RBI allows and if hdfc choose to increase the rate, immediately you will be charged more from that month. also if for any reason interest rate drops you will be benefited by paying lesser interest from that month