SBI Type Of Loans

I want to know the types of loans offered by State Bank of India (SBI) so can you please tell me?

[shikha]

State Bank of India SBI offers several loan facilities and schemes for their customers.

Loan Schemes

Home Loans Interest Rates
Auto Loans
Education Loan Scheme
Personal Loans Schemes
Loans Against Securities
Gold Loans
Loans Against Property

SBI Loans Rates -

SBI Home Loans (w.e.f. 9th April 2007) -

Floating Interest Rates – 12.75% (upto 5 years Tenure Rate of Interest (p.a.), Upto 5 years 2.00% below SBAR, current effective rate being 10.75%. Above 5 years and upto 20 years 1.50% below SBAR,current effective rate being 11.25% )

Fixed Interest Rates - 12.75 % upto 10years.

SBI Car Loans

New vehicle - (Term Loan) Floating only W.E.F. April 09, 2007
Repayment Period All Centres (SBAR - 12.75%)
Upto 3 years (for loans ` 7.5 lac & above) 0.75% below SBAR i.e. 12.00% p.a.
Upto 3 years (for loans below ` 7.5 lac) 0.50% below SBAR i.e. 12.25%p.a.
Above 3 yrs up to 5 yrs (for all loans) 0.50% below SBAR i.e. 12.25% p.a.
Above 5 yrs up to 7 yrs (for all loans) 0.25% below SBAR i.e. 12.50% p.a.

Old vehicle - Floating only W.E.F. May 10, 2007

Repayment Period All Centers (SBAR-12.75%)
Upto 3 years 3.00% above SBAR i.e. 15.75% p.a.
Above 3 yrs up to 7 yrs 3.25% above SBAR i.e. 16.00% p.a.

Two Wheeler W.E.F. April 09, 2007

Repayment Period All Centers (SBAR-12.75%)
Floating Rate 2.00% above SBAR i.e. 14.75% p.a.
Fixed Rate 2.25% above SBAR i.e. 15.00% p.a.

SBI Education Loans

Loan amount
Structure w.e.f. 20.2.2007 Revised Interest Rate
Structure w.e.f. 9.4.2007
For loans upto ` 4 lacs
11.50% p.a.
12.75% p.a.
For loans above `4 lacs
13.25% p.a.
13.75% p.a.

SBI Personal Loans -
(against third party security)

Personal Loan against third party security of NSC/IVP /RBI Relief Bonds etc.

upto 3 years 11.75% p.a.
More than 3 years and below 6 years 12.25% p.a.

SBI Loans against shares / debentures / bonds

Existing Interest Rate Structure w.e.f. 20.2.2007 Revised Interest Rate Structure w.e.f. 9.4.2007

At SBAR 12.25% p.a. At SBAR 12.75% p.a.

SBI Loans against gold ornaments and Mortgage of property

(i) Loan against Gold Ornaments:

Size of credit limit Revised interest rate structure w.e.f.09.04.07 (Repayable upto 30 months)
Upto ` 1,00,000/- 0.50% below SBAR i.e.12.25% p.a.
Above ` 1,00,000/- SBAR i.e.12.75% p.a.

(ii) Loan against Mortgage of Immovable Property

Term Loan 0.75% above SBAR i.e.13.50% p.a. floating

Customer service: 1800 425 3800