Pf Loan Vs Home Loan

I want 4 lakhs total. out of which i want 1.6 lakh now and rest later. I have three options.
1) take 1 lakh now from housing loan as there my 1 lakh is pending which i have not taken that time.
2) pf loan
3) company is giving loan at 12.75%
now which option is better which cause me less burdened. Kindly tell me for 1.6 lakh now and rest 2.4 lakh in 6 months.

Dear Friend,
My option is, if your having good PF accumulation balance, kindly withdraw the total amount from the PF. Because your getting interest on PF 8.5% per year. But if you take home loan, other than the initial and other procedural charges, you have to spent 2 to 3% of the loan requested and interest on the home loans also available from 12% to 16.5%.
Second option you may go for bank home loan, if your income tax assess as your home loan payment with interest together upto Rs.1,00,000/- exepted from income tax.
Third option going for company loan but any time, if you think of relieving from the company and join somewhere, first you have to settle your loan and to move away. This is more risky,
It all depends on your current situation please.
With Regards,
C.Renuka

Dear All,
I do agree with Ms.Renuka.
Moreover You need not repay anything to EPFO, because it is not a loan actually it is an Advance.Hence your take home salary will not be affected.
Do some Homework before take a decision.
All the best,
S.Sethupathy,
Excellent HR Services.