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26th February 2016, 10:18 AM
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Join Date: Apr 2013
Re: State Bank of Hyderabad Plot loans

As you have asked about the State bank of Hyderabad home/ plot loans, I am giving you information about it

Eligibility :
Individual(s) over 18 years of age with steady source of income, including persons engaged in agriculture & allied activities.

Amount of Finance :
Maximum loan amount will be lowest of loan amount assessed on the basis of the under noted 3 options(a.b.c) below:

a) Project cost which may include cost of land, house/ flat, cost of additional amenities related with said house/ flat, registration charges, stamp duty, property insurance, service tax and other statutory dues, if any, less applicable margin.

b) Permissible EMI/ NMI ratio.

c) Maximum Permissible Loan to Value(LTV) ratio.
Processing fee : 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/-
Equitable Mortgage Charges : Upto 1Lakh – NIL
Above 1 Lakh – Rs. 200/- per lakh. Max: Rs. 11,200/-
CERSAI – Amount of Fee Payable : Rs. 500/- for creation.
Other Charges : Lawyer’s, Valuer’s fee etc to be borne by the borrower on the basis of actual cost

Margin:

Loan Amount For House/ Flats under construction New House/ Flats for ready possession Old House/ Flats for ready possession
Upto 20 Lakhs 15% 15% 15%
Above 20 Lakhs 20% 20% 20%


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