Punjab And Sind Bank Loan Against Property

Hello sir, is there any one can provide me detail for interest rate of Punjab And Sind Bank for Loan against Property?

[sumit]

The punjab and Sind bank offer personal loans to government/PSU employees, permanent employees of other institutions and pensioners who have an account with the bank.

The following MCLR rates are applicable for new loans sanctioned w.e.f. 01.04.2016 to next review.

Tenor Rate Of Interest (%)
Overnight MCLR 9.3
One Month MCLR 9.5
Three Month MCLR 9.65
Six Month MCLR 9.65
One Year MCLR 9.65

Housing Loans

Loan Amount Rate of Interest (p.a)
Upto Rs.75.00 lacs One Year MCLR(9.65%) = 9.65%
Above Rs.75.00 lacs One Year MCLR (9.65%) + 0.25%= 9.90%

Eligibility:

Individuals who are income tax assess;

Age limit: Minimum 21 years and Maximum 65 years.

Quantum of Loan
Minimum Rs.1.00 lac and maximum Rs.500.00 lac

Punjab and Sind Bank Loan Against Property EMI Calculator:

Rs. 1760 - Lowest Punjab and Sind Bank Loan Against Property EMI per lakh
Loan Tenure:

Loan Amount (Rs.) 7 years 10 years 7 years
2,500,000 Rs. 43,998 Rs. 35,723 Rs. 43,998
5,000,000 Rs. 87,997 Rs. 71,447 Rs. 87,997
7,500,000 Rs. 131,995 Rs. 107,170 Rs. 131,995
10,000,000 Rs. 175,993 Rs. 142,893 Rs. 175,993