Home Loan At State Bank Of Hyderabad

Hii sir, I wants to apply for the Homer loan in the State bank of Hyderabad will you please provide me the information about the Home loan offered by the State bank of Hyderabad ?

[Shaleen]

State Bank of Hyderabad is a nationalized bank in India, with headquarters at Hyderabad, Telangana. It is one of the five associate banks of State Bank of India

The details of the Home loan of the State bank of Hyderabad is given below :

Eligibility :
Individual(s) over 18 years of age with steady source of income, including persons engaged in agriculture & allied activities.

Processing fee :

Up to Rs. 25.00 lacs- 0.25% of loan amount subject to minimum of Rs.5,000/-
Above Rs. 25.00 lacs to Rs. 75.00 lacs- Rs.6,500/-
Above Rs. 75.00 lacs- Rs.10,000/-

Equitable Mortgage Charges :
Upto 1Lakh – NIL
Above 1 Lakh – Rs. 200/- per lakh. Max: Rs. 11,200/-

EMI/ NMI Ratio :
Based on income-wise graded ratio as under:
Up to `0.60 lacs: 20%
Above `0.60 lakhs to `1.20 lakhs: 25%
Above `1.20 lakhs to `2.00 lakhs: 30%
Above `2.00 lakhs to `5.00 lakhs: 50%
Above `5.00 lakhs to `10.00 lakhs: 55%
Above `10.00 lakhs : 65%


Document Required :

Completed loan application
3 Passport size photographs
Proof of identify (photo copies of Voters ID card/ Passport/ Driving licence/ IT PAN card)
Proof of residence (photo copies of recent Telephone Bills/ Electricity Bill/ Property tax receipt/ Passport/ Voters ID card)
Proof of business address for non-salaried individuals
Statement of Bank Account/ Pass Book for last six months
Personal Assets and Liabilities statement

for more details you may contact to the State bank of Hyderabad the contact details are given below :

Customer service: 1800 425 1825