#1
26th November 2015, 10:41 AM
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Home Loan Interest Rates In South Indian Bank
I am planning to open an account in the South Indian Bank Ltd. dor taking the home loan want to know details about this. Will you please tell me what the Home Loan Interest Rates In South Indian Bank and provide me contact details for doing the enquiry?
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#2
26th November 2015, 12:21 PM
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Re: Home Loan Interest Rates In South Indian Bank
As per your request here I am providing you the details of Home Loan Interest Rates In South Indian Bank. Please find the below details: Purpose of the loan: Purchase of Flat or House Construction of Flat for own use or House Purchasing land & constructing a House # For major repair, renovation, extension or improvement of flat or house. Takeover of Housing loans from other banks & reputed housing finance companies. Reimbursement of investments already made by the borrower provided the investment has taken place within one year. Eligible loan amount : 50 times average monthly remittance made by the borrower from abroad for credit to his / her NRE account with any bank in India, for a minimum period of 12 months, excluding bulk remittances, if any. Quantum of loan : Maximum Rs.1.00 crore; For renovations/additions/major repairs/ improvements etc. : Maximum Rs.10 lacs Minimum project cost : Rs.10 lacs Home loan interest rate: 1 Housing Loan - Salaried Class BR+0.30% 2 Housing Loan - Business People BR+0.30% 3 Housing Loan - Next Generation BR+0.30% 4 Housing Loan - NRI's BR+0.30% 5 Housing Loan - Agriculturist BR+0.30% 6 Housing Loan - Senior Citizen BR+0.30% 7 Housing Loan - Reimbursement for all Categories BR + 1.30% 8 Housing loan Priority sector BR+0.30% - 0.30% (Presently 10.00%) Contact: South Indian Bank Ltd. Head Office T.B Road, Mission Quarters, Thrissur 680 001,Kerala, India Telephone Nos : +91-487-2420020, 2420058, 2420113 Email: sibcorporate@sib.co.in |