State Bank Of Patiala Schemes

I am planning to take home loans from State Bank of Patiala and searching for the details about this home loan schemes. Can you provide me details about State Bank Of Patiala Schemes for home loan eligibility to apply along with interest rates also provide contact details of this bank?

[shikha]

State Bank of Patiala, founded in 1917, is associate bank of the State Bank Group.

State Bank Of Patiala Schemes for home loan:

State Bank of Patiala Home Loan Eligibility:

The eligibility criteria for an SBP home loan applicant is as follows:

He/she should be a resident Indian.

NRIs can apply for the NRI Home Loans.

The sanctioned loan sum can only be used to buy properties in India.

The applicant must be of age 21 and not older than 65 years at loan maturity.

The applicant and the co-applicant must have a stable source of income (salaried or entrepreneurial) with a good credit history.

Interest rates:

Loan Tenor MCLR Rate
Overnight 9.40%
1 Month 9.50%
3 Months 9.55%
6 Months 9.60%
1 Year 9.65%
2 Years 9.75%
3 Years 9.80%

Charges:

During Home Loan Tenure

Processing Fee for up to INR 25 lakhs: .25 percent of the total loan sum (Minimum INR 1000)
For between INR 25 – 75 lakhs – INR 6500
For more than INR 75 lakhs – INR 10,000

Contact:

General Manager (Treasury, F & A)
State Bank of Patiala
Head Office,The Mall, Patiala – 147 001
Phone No. 0175-2395629
E-mail id. gmtry@sbp.co.in