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2nd July 2016, 05:59 PM
Super Moderator
 
Join Date: Aug 2012
Re: State Bank Of Travancore.Org

State Bank Of Travancore offers home loan for construction, purchase/ repair/ renovation/ alteration of a house or for purchase of a plot for the construction of a house, with or without bank finance.

Home Loan

Purpose

For construction, purchase/ repair/ renovation/ alteration of a house or for purchase of a plot for the construction of a house, with or without bank finance.

Eligibility -

All Resident with regular monthly income with a minimum NMI of Rs. 12,000/-

Non-Resident Indians with a regular monthly income with a minimum NMI Rs. 15,000/-.

Spouses of Non-Residents, who are residents and receiving regular monthly income

Salaried persons, self employed businessmen, professionals and agriculturists, who have regular monthly income and who have a minimum of three years of standing / experience in their line of activity.

Minimum age of 18 years witha a steady source of income.

No. of Co-Borrowers -
Maximum three (including spouse / children / parents/siblings)

Loan Amount -
Maximum loan of Rs 500.00 lacs

Processing Charge(inclusive of service tax)-

Upto Rs.25,000 Nil
Rs.25,001 to Rs.2.00 lacs Rs. 500 /-
Above Rs.2.00 lacs 0.50% of the loan amount plus service tax , with a maximum of Rs. 10,000/-

Toll free number: 1800 425 7733


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