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11th April 2016, 09:57 AM
Super Moderator
 
Join Date: May 2012
Re: State Bank of Hyderabad Car Loan EMI Calculator

The State Bank of Hyderabad EMI Calculator can be accessed through the official website of the bank under the online services section.

SBH Car Loan details:

Interest Rates 9.75% – 9.95%
Processing Fees 0.25%
Prepayment Charges Nil
Min. Income Rs.25000/- p.m
Loan Repayment 7 years

UTSAV Car Loan

Purpose:

Term advances authorized for buy of new traveler autos, jeeps, Multi Utility Vehicles (MUVs) and SUVs.

Age Limit:
21-65 years.

Measure of finance:

Salaried Persons:

48 times the Net Monthly Income (NMI)

For others:
Upto 4 times of NAI.

Agriculturists:
3 times NAI

Margin:
Upto Rs 10 lacs: 15% on street Price of the Car

Above Rs. 10 Lacs:
15% Margin on Ex-showroom Price of the auto

(On the other hand)

Edge of 20% on Road Price of the auto at the alternative of the client

Handling charges:

0.25% of the Loan Amount subject to at least Rs. 500/ - and a most extreme of Rs. 5000/ -

Rate of Interest:
20 premise focuses above base rate of 9.75%, successful rate is 9.95% p.a, regardless of the advance sum

Insurance:
Insured for the sake of the borrower for the business sector esteem or possibly 10% over the advance sum extraordinary, whichever is higher for the business sector esteem.

Method of Disbursement:
The advance will be credited to the records of the supplier/merchant by method for RTGS/NEFT office on the off chance that they don't have account in SBH.

Punitive Interest:
The corrective hobby would be charged @ 2%p.a. on the late sum as it were.

Some Basic insights about SBH auto advances

you can benefit an auto advance for buy of MUV, Hatchback, SUV's, Commercial vehicles from State Bank of Hyderabad.

You should of beyond 21 years old years at the season of apply and 65 at the season of advance conclusion.

Most extreme advance sum which you can bring for new auto is 48 times of your month to month wage and 4 times of Form 1

6.

Least Income would be Rs.3 lac for Salaried/4 Lakh for Self Employed/4 Lacs for Agriculturist


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