State Bank of Hyderabad Home Loan Eligibility

Hii sir, I Wants to Apply for the Home Loan in the State Bank of Hyderabad Will you Please Provide me the Eligibility Criteria for the Home Loan of the State Bank of Hyderabad ?

[pawan]

As you Asking for the Home Loan of the State Bank of Hyderabad let me tell you that the State Bank of Hyderabad is Merged into the State Bank of India So Here I am giving you the Information About the Home Loan of the State Bank of india

State Bank of India provides a range of home loan products to suit the individual needs and preferences of its customers. Various surveys and consumer awards have conferred the title of The most preferred Home Loan Provider, to SBI.

Features

Lower interest rates as compared to other contemporary banks
Low processing fees
No hidden charges or administration fees
Nil pre-closure charges making repayment easier and more flexible
A huge network of branches across the nation making it convenient to visit a SBI branch
Exclusive packages depending upon individual needs of customers
Interest is calculated on daily reducing basis which lowers the overall interest paid


Interest Rate
The MCLR for 1, 3, and 6 months will be 7.8%, 9.85%, and 7.9% respectively.
The MCLR for one year maturity will be 7.95%.
The MCLR for two years will be 8.05%.
The MCLR for three years will be 8.1%.


Eligibility Criteria

Salaried
The age of the applicant must be between 18 years and 70 years.
The annual income must be atleast Rs.1.2 lakh per annum.

Self-Employed
The age of the applicant must be between 21 years and 70 years.
The annual income must be atleast Rs.2 lakh per annum.