Loan Information Essay

Features & Rewards of SBI Home mortgage

• Purchase/ Construction of House/ Level.

• Purchase of a plot of land for building of House.

• Lowest Home Loan Rates of interest.

• Extension/ repair/ renovation/ alteration of your existing House/ Flat. • Takeover of your existing mortgage from other Banks/ Housing Finance Companies. • Interest billed on the daily reducing equilibrium

• Not any penalty about prepayments of home loan

• No hidden costs

• Option to team income of your spouse and children to compute eligible loan sum Current Suspended Home Loan Rates of interest of SBI Bank Name| Up to 31 Lacs| By 30 lacs to seventy five Lacs| Over 75 lacs | SBI | 10% p. a. | 12. 15% p. a. | 10. 15% p. a.

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Eligibility Criteria & Documentation necessary for SBI House loan

| Salaried| Independantly employed

Age| 21years to 60years| 21years to 70years

Income| Rs. you, 20, 000 (p. a. )| Rs. 2, 00, 000 (p. a. )

Loan Volume Offered| five, 00, 500 - you, 00, 00000| 5, 00, 000 -- 2, 00, 00000| Tenure| 5years-20years| 5years-20years

Current Experience | 2years| 3years

Documentation| 1) Form with photograph

2) Id & house proof

3) Last 3-4 months salary fall

4) Form of sixteen

5) Last 6 months traditional bank salaried credit rating statements

6) Processing charge cheque| 1) Application form with photograph 2) Identity & residence resistant

3) Education qualifications license & evidence of business existence 4) Organization profile,

5) Last three years profit/loss & balance sheet

6) Last six months time bank claims

7) Finalizing fee cheque

SBI Education Loans: SBI offers education loan intended for eligible courses, graduation programs, PG programs, Professional training and other classes approved by UGC/ Government/ AICTE etc . Rates of interest, Documents needed, Expenses deemed for bank loan and payments options of education loan. A term bank loan granted to Indian Excellent for...