Home Loan State Bank of Hyderabad

Hello friend what is the eligibility criteria for home loan at State Bank of Hyderabad, please get me the complete details on this?

[Rajkumar Agarwal]

State Bank of Hyderabad is a subordinate bank of State Bank of India (SBI), and is one of the scheduled banks in India.

Eligibility Criteria
The applicant should be of 18 years of age with steady source of income, including persons engaged in agriculture & allied activities.

Interest Rates
9.75% – 9.85% Max.

Loan Amount upto
80% of LTV

Min. Income
Rs.10000/- p.m

Loan Repayment
Upto 30 years

Documents Required for SBH Home Loans
Signed application form with photograph
ID and residence proof
Processing fee cheque
Last 6 months bank statements

Documentation for salaried applicants
Last 3 months salary-slips
Form 16 or Income Tax Returns

Documentation for self-employed applicants
Education qualification certificate & proof of business existence
Last 3 years Income Tax Returns with computation of Income
Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account

EMI/NMI Ratio
Up to Rs. Sixty thousand – 20%
Above Rs. Sixty thousand to Rs. 1. 20 lakhs – 25%
Above Rs. 1.20 lakhs to 2 lakhs – 30%
Above 2 lakhs to Rs. 5 lakhs – 50%
Above Rs. 5 lakhs to Rs. 10 lakhs – 55%
Above Rs. 10 lakhs – 65%