Go Back   2023 2024 MBA > MBA > Main Forum > State Bank Of Patiala

Thread: State Bank Of Patiala Reply to Thread
Your Username: Click here to log in
Title:
  
Message:
Trackback:
Send Trackbacks to (Separate multiple URLs with spaces) :
Post Icons
You may choose an icon for your message from the following list:
 

Additional Options
Miscellaneous Options

Topic Review (Newest First)
13th October 2016 04:14 PM
shikha
Re: State Bank Of Patiala

State Bank Of Patiala provide two wheeler Loan scheme to purchase two wheeler loan.

Two wheeler Loan-

Loan amount-

18 times the NMI
OR
1.5 times the NAI
OR
90% of the cost of the vehicles (Ex-Showroom price including accessories) whichever is less

Loan Term-
Maximum : 5 Years

Interest Type (Floating or Fixed)
Both

a) Interest Chargeable (In case of Floating Rate Loans)-
15.75% (6.25% above MCLR i.e. 9.50%)

b) Interest Chargeable (In case of Fixed Rate Loans)-
16.00% (6.50% above MCLR i.e. 9.50%)

Processing Fee :
1.22% of the Loan amount with a Minimum of Rs. 255/- and Maximum of Rs.510/-

Fee refundable if loan is not sanctioned

Penalty for delayed payments

Penal Interest @ 2% over and above the applicable rate on the entire loan outstanding for the period of such default will be charged if the EMIs remain unpaid for a period of 30 days from the due date, for any reason, including a bounced cheque.

EMI Payable-
For Borrowers other than Agriculturists : In Equated Monthly Installments

For Agriculturist Borrowers : The periodicity of Installment for repayment will be decided as yearly/half Yearly/Quartely/ monthly depending upon the income generation i.e. coinciding with the harvest of the crops/income generation from other allied agricultural activities/mix of all types of income

Details of Security Collateral Obtained-
Hypothecation of Vehicle and noting of Hypothecation charge in the Books of RTO in favour of the Bank

Date on Which the Annual outstanding balance statement will be issued-
As on 31st March every Year.

Toll Free: 1800-180-2010
13th October 2016 03:02 PM
Unregistered
State Bank Of Patiala

I want to take two wheeler Loan from State Bank Of Patiala so can you please provide me the details of loan?

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT +5.5. The time now is 01:08 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Search Engine Friendly URLs by vBSEO 3.6.0 PL2

1 2