| 15th October 2016 08:53 AM | |
| shikha | Re: SBI Lending Rates Don’t worry I will tell you State Bank Of India details of Home loan and will also tell you about Benchmark Prime Lending Rate (BPLR) interest rates so that you can remember easily. Here is the lending rates Benchmark Prime Lending Rate (BPLR) reduced from 14.45% p.a. to 14.05% p.a. w.e.f. 05.10.2015. Eligibility: Minimum age: 18 years as on the date of sanction Maximum age: 70 years. i.e. the age by which the loan should be fully repaid, subject to availability of sufficient, regular and continuous source of income for servicing the loan repayment. Loan Amount: Actual loan amount will be determined taking into consideration such factors as applicant's income and repaying capacity, age, assets and liabilities, cost of the proposed house/flat etc. To enhance loan eligibility you have option to add: 1) Income of your spouse/ your son/ daughter living with you, provided they have a steady income and his/ her salary account is maintained with SBI. 2) Expected rent accruals (less taxes, cess, etc.) if the house/ flat being purchased is proposed to be rented out. 3) Depreciation, subject to some conditions. 4) Regular income from all sources. Security: Equitable mortgage of the property Margin/ LTV Ratio: Individual Home Loan Amount Margin (Min.)(%) LTV Ratio (%) Upto Rs. 30 Lacs 10 90 Above Rs. 30 Lacs. and upto Rs. 75 lacs 20 80 Above Rs. 75 lacs 25 75 FEES Processing Fee 0 % Processing Fee for Takeover of Home Loans proposals for the period from 1 st June, 2016 to 30th September, 2016 (Balance Transfer) 50 % waiver of Processing Fee on SBI approved Projects for the period from 1 st June, 2016 to 30th September, 2016 The processing fee structure for proposals other than above is as under : 0.35% of the loan amount plus applicable service tax. Minimum: Rs. 2,000/- plus applicable service tax, and. Maximum: Rs. 10,000/- plus applicable service tax. Address:- State Bank Of India 3rd Floor, G Block, Synergy Buidling, Bandra Kurla Complex-Bandra East, Mumbai - 400051, Behind National Stock Exchange Phone:- +(91)-80-26599990 18004253800,1800112211 |
| 14th October 2016 05:59 PM | |
| Unregistered | SBI Lending Rates Can you please tell me Benchmark Prime Lending Rate (BPLR) interest rates and details of Home loan offer by State Bank Of India? |
