| 8th October 2016 04:18 PM | |
| shikha | Re: State Bank Of Mysore State Bank Of Mysore provides Housing Loan to their customers for Construction or Purchase of a new house or flat. Housing Loan You can avail a loan for Construction or Purchase of a new house or flat For purchase of plot for construction of house within two years Repairs / Renovation / Extension of existing house For purchase of built houses not more than 15 years old Housing loan against II charge For Purchase of Furnishings / Consumer durables as part of the project cost Housing Loan Maxgain - Rs. 25 Lacs and upto Rs. 1 crore(inclusive) 9.60%(10bps above 1 year MCLR) Above Rs. 1 crore 9.70%(20bps above 1 year MCLR) Loan amount- Loan amount subject to following EMI/NMI ratio. Net Annual Income Rs. Permissible EMI/NMI Ratio 1) Upto.60,000/- 20% 2) > Rs.60,001/- <=Rs.1,20,000/- 25% 3) > Rs.1,20,001/- to < =Rs.2 lacs 30% 4) > Rs.2 lacs to < =Rs.5 lacs 50% 5) > Rs.5 lacs to < =Rs.10 lacs 55% 6) >= Rs.10 lacs 65% Loan term Maximum 30 Years Interest type (fixed or floating) Floating Rate a) Interest chargeable (in case of floating Rate Loan) 9.60%(10bps above 1 year MCLR) Fee payable - Processing fee at 0.50% Max. of Rs.7,500/- During the Term of the loan- a) Inspection charge for Rs.25001/-to Rs.2.00 lacs.225/- per Inspn. Max. Rs.600/-p.a. b) Above Rs.2.00 lacs to Rs.10.00 lacs Rs.275/- per inspection Max. Rs.1250/- p.a. c) Above Rs.10.00 lacs to Rs.25.00 lacs Rs.500/- per inspection Max. Rs.3500/- p.a. d) Above Rs.25 lacs Rs.600/- per inspection Max Rs.6000/- p.a. EMI payable - Rs,852/- per lakh (30 Years) @ 9.65% Contact- Contact your nearest Branch of State Bank of Mysore or Chief Manager State Bank of Mysore Personal & Services Banking Department H .O.: K.G.Road, Bangalore - 560009, INDIA Phone: 91 80 22353901 extn.380 Fax: 91 80 22283684 Email:cmpsb@sbm.co.in |
| 8th October 2016 03:55 PM | |
| Unregistered | State Bank Of Mysore I want to take House loan from State Bank Of Mysore so can you please provide me the details of loan of the bank? |
