Documents Required for Home Loan in State Bank of Hyderabad

Can you tell me in detail about the Documents required for applying for Home Loan in SBH or State Bank of Hyderabad as I want to apply for a one for construction of new house?

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SBH or State Bank of Hyderabad offers general purpose unsecured personal loan for Indian resident individuals. The loan amount received under Personal Loan from SBH can be used for any genuine needs that might be having like funding vacations, children’s education, home renovation or repairs etc.

It offers a considerable amount of personal loan at low processing fees. Also, it takes care of the various needs of the pensioners, and offers personal loans to pay for the medical expenses, children’s marriage etc.

Documentation needed to apply for a State Bank of Hyderabad Home Loan

1. Signed application form with photograph

2. Processing fee Cheque

3. Latest bank statements

4. ID and residence proof

5. Documentation for salaried applicants:
Last 3 years Income Tax Returns with computation of Income
Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account

6. Documentation for self-employed applicants:
Latest income tax returns
Latest computation of income

State Bank of Hyderabad Home Loan Interest Rates

Interest Rate
9.70%

Processing charges
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/-

Pre-closure Charges
Nil

Loan Tenure
30 Years

Personal Loan Features:
SBH personal loan features include:
• 1% processing fee for SBH Personal Unsecured loan which is subject to a minimum of Rs. 1000.
• For SBH Prashanti Scheme, processing fee is Rs. 500.
• Can be availed by both salaried and self-employed individuals.
• No pre-payment charge is required.
• You can repay this loan in 36 EMIs.
• You can get personal loan up to Rs. 5 lakhs and above 5 lakhs depending on your eligibility and repayment capacity.
• Security is required.
• It is a personal loan on demand.
• Repayment through EMI is available.