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Question: Are margin money receipts same as own contribution receipts?

Answer: Yes both margin money receipts and own contribution receipts are essentially the same thing. These are receipts issued by the builder towards the margin money or own contribution payment you make upfront. These receipts are used as a proof that you have made the payment to the builder for the property and are used for your home loan disbursal for the remaining amount.

Yes both margin money receipts and own contribution receipts are essentially the same thing. These are receipts issued by the builder towards the margin money or own contribution payment you make upfront. These receipts are used as a proof that you have made the payment to the builder for the property and are used for your home loan disbursal for the remaining amount. Source: CoolInterview.com

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