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Subject to market value of the property
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Short-Term Bridging loan makes you realise your dream of buying a bigger and better home and gives you time to sell your existing property to pay off the loan.
This is a short term loan to help customers with the interim period between the sale of your old home and the purchase of a new home. You can take the loan even if you are an existing customer of HDFC.
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Security for the loan is a first mortgage of the property to be financed, normally by way of deposit of title deeds and/or such other collateral security as may be necessary. Interim security may be required, if the property is under construction |
WELCOME to SBI Home Loans
"THE MOST PREFERRED HOME LOAN PROVIDER" voted in AWAAZ Consumer Awards along with the MOST PREFERRED BANK AWARD in a survey conducted by TV 18 in association with AC Nielsen-ORG Marg in 21 cities across India.
SBI Home Loans come to you on the solid foundation of trust and transparency built in the tradition of State Bank of India.
Best Practices followed in SBI mentioned below will tell you why it makes sense to do business with State Bank of India Best practices followed in SBI People dealing with you End to End service by Permanent employees of SBI who are accountable to you. Place SBI branch of your choice will service your loan account. You can always meet our employees face to face. Price Complete transparency.
Interest charged on the daily reducing balance. Prepayment charges No penalty for prepayments made, out of bonafide savings or windfall gains for which evidence is produced. Costs hidden in fine print No hidden costs Transparency Complete transparency. All the features of our product, including interest rates, are in the public domain.
Unique features:
* Provision for on the spot "In principle" approval.
* Loan sanctioned within 6 days of submission of required documents.
* Option to avail Home Loan as a Term Loan or as an Overdraft facility to save on interest and maximise gains (see SBI MaxGain in the following sections)
*Option to club income of your spouse and children to compute eligible loan amount
*Provision to club depreciation, expected rent accruals from property proposed to compute eligible loan amount
*Provision to finance cost of furnishing and consumer durables as part of project cost
*Repayment permitted upto 70 years of age
*Free personal accident insurance cover upto Rs.40 Lac.
*Optional Group Insurance from SBI Life at concessional premium (Upfront premium financed as part of project cost)
*Interest calculated on daily reducing balance basis, and starts from the date of disbursement.
‘Plus’ schemes which offer attractive packages with concessional interest rates to Govt. Employees, Teachers, Employees in Public Sector Oil Companies.
*Special scheme to grant loans to finance Earnest Money Deposits to be paid to Urban Development Authority/ Housing Board, etc. in respect of allotment of sites/ house/ flat
*Option to avail loan at the place of employment or at the place of construction
Purpose
Purchase/ Construction of House/ Flat
Purchase of a plot of land for construction of House
Extension/ repair/ renovation/ alteration of an existing House/ Flat
Purchase of Furnishings and Consumer Durables as a part of the project cost.
Takeover of an existing loan from other Banks/ Housing Finance Companies.
Eligibility
Minimum age 18 years as on the date of sanction
Maximum age limit for a Home Loan borrower is fixed at 70 years, i.e. the age by which the loan should be fully repaid.
Availability of sufficient, regular and continuous source of income for servicing the loan repayment.
Loan Amount40 to 60 times of NMI, depending on repayment capacity as % of NMI as under - Net Annual Income EMI/NMI Ratio Upto Rs.2 lacs 40% Above Rs.2 lac to Rs. 5 lacs 50% Above Rs. 5 lacs 55%
Move ahead in life with SBI Car Loans! If you have been putting off purchasing that Car, we invite you to go through our Car Loan Scheme.
Low interest rates, easy repayment options, total transparency.
Finance to include vehicle registration charges, insurance, one-time road tax and accessories (subject to conditions).
Well, what are you waiting for? Just contact any of our branches (more than 6000) that offer Car Loans or our Personal Banking Branches and give wheels to your desire!
Enjoy the SBI Advantage :
Excellent service and lower costs. A quick survey of similar schemes available elsewhere and you will find that SBI Car Loans for new and old vehicles offer you :
Always compare the Equated Monthly Instalments (EMIs) and the total payments you would be required to make and not the rates of interest.
The Scheme 
Purpose
You can take finance for :
To avail an SBI Car Loan, you should be :
Salient Features
Loan Amount
There is no upper limit for the amount of a car loan. A maximum loan amount of 2.5 times the net annual income can be sanctioned. If married, your spouse's income could also be considered provided the spouse becomes a co-borrower in the loan. The loan amount includes finance for one-time road tax, registration and insurance!
No ceiling on the loan amount for new cars.
Loan amount for used car is subject to a maximum limit of Rs. 15 lacs.
Type of Loan
1. Term Loan
2. Overdraft - a) For New vehicles only
b) Minimum loan amount: Rs. 3 lacs.
Documents Required
You would need to submit the following documents along with the completed application form if you are an existing SBI account holder:
If you are not an account holder with SBI you would also need to furnish documents that establish your identity and give proof of residence.
Margin
New / Used vehicles : 15% of the on the road price.
Repayment
You enjoy the longest repayment period in the industry with us.
Repayment period:
For Salaried: Maximum of 84 months
For Self-employed & Professionals: Maximum 60 months
Repayment period for used vehicles :Up to 84 months from the date of original purchase of the vehicle (subject to maximum tenure as above).
A term loan granted to Indian Nationals for pursuing higher education in India or abroad where admission has been secured.
Eligible Courses
All courses having employment prospects are eligible.
Any other expenses required to complete the course like study tours, project work etc.
Amount of Loan
Do you want funds readily available to you whenever you desire or need, be it a sudden vacation that you plan with your family or urgent funds required for medical treatment? SBI Saral - Personal Loan is the answer to your questions.
Access this facility from over 3000 branches across the country and confidently face the challenge of meeting any kind of personal expenses!!
Enjoy the SBI Advantage :
· Low interest rates. Further, we charge interest on a daily reducing balance!!
· Low processing charges; only 1%-2% of loan amount
· No hidden costs or administrative charges.
· No security required ……which means minimal documentation…something that you had always wanted.
· No prepayment penalties. Reduce your interest burden and optimally utilize your surplus funds by prepaying the loan (1% of the loan amount will be charged if you repay the loan before 6 months)
· Long repayment period of up to 48 months.
The Scheme
Purpose
The loan will be granted for any legitimate purpose whatsoever (e.g. expenses for domestic or foreign travel, medical treatment of self or a family member, meeting any financial liability, such as marriage of son/daughter, defraying educational expenses of wards, meeting margins for purchase of assets etc.)
Eligibility
You are eligible if you are a Resident Indian National having capability to repay a loan, except agriculturists. (At present, only salaried individuals are covered under the scheme).
Salient Features
Loan Amount
Your personal loan limit would be determined by your income and repayment capacity.
Minimum : Rs.24,000/- in metro and urban centres
Rs.10,000/- in rural/semi-urban centres
Maximum : 12 times Net Monthly Income for salaried individuals and pensioners subject to a ceiling of Rs.10 lacs in all centres
Documents Required
Important documents to be furnished while opening a Personal Loan Account:
For existing bank customers
Passport size photograph
From salaried individuals
Latest salary slip and Form 16
Margin
We do not insist on any margin amount.
Interest Rates
3.25% above SBAR FLoating i.e. 16.00% p.a.
Repayment
The loan is repayable in 48 EMI. You are allowed to pay more than the EMI if you wish to, without attracting any prepayment penalty.
Security
NIL
Processing Fee
If you are a Central or State Government pensioner drawing your pension through one of our branches and are not more than 72 years of age, you can avail of a loan from your branch to meet your personal expenses. We understand you may have an urgent or unexpected need for funds or a family obligation to be fulfilled and appreciate your association with us. You can avail a loan of up to a maximum of 12 months pension, subject to a ceiling of Rs.1,00,000. The documentation is easy.
The loan may be repaid over 5 years and will carry a low interest rate of 13.25% p.a.
There are no processing fees, no hidden costs and no prepayment penalties. Whenever you have some surplus funds, you can credit your loan account, thereby reducing your loan liability and interest burden.
Salient features of the Scheme:
Eligibility:
All Central and State Government pensioners, whose pension accounts are maintained by our branches. The pensioner should not be more than 72 years of age.
Purpose :
To meet personal expenses .
Loan Amount :
A maximum of 12 months pension with a ceiling of Rs.1,00,000/-
Margin :
Nil
Security :
The spouse eligible for family pension should guarantee the loan or any other family member or a third party worth the loan amount.
Repayment :
60 Equated Monthly Instalments (EMIs) – if age of Pensioner at the time of loan sanction is upto 70 years
48 Equated Monthly Instalments (EMIs) – if age of Pensioner at the time of sanction is between 70 – 72 years
Rate of Interest :
0.50% above SBAR Floating i.e. 13.25% p.a.
Authorised Branches :
Your dream home, a realityLoan requirement - We offer you loans ranging from Rs. 5 lakhs upto Rs. 3 crore*.
Property types - We offer loans to Resident Indians and NRIs for ready property, under construction property, self-construction and home improvement.
Loan tenure - Loans are available for tenures upto 25 years.
Flexibility, savings... more!Repayment options - Choose between fixed and floating rate home loans. You also have the option of switching from a floating rate home loan to a fixed rate home loan once a year at no extra cost. **
No penalty option - You can opt to pre-pay up to 25% of your loan every year. Pre-payment is permitted after a minimum of 6 months following loan disbursal.
Free Gold credit card - On approval of your Home Loan, you get a Gold credit card#, free for the first year with annual charges being waived.
Tax benefits - Resident Indians are eligible for certain tax benefits on principal and interest components of a housing loan under the Income Tax Act, 1961.##
Welcome to India’s No. 1 Home Loans Provider. We, at ICICI Bank Home Loans, offer unbeatable benefits to ensure that you get the best deal without any hassles.
With our varied offering of house loans and home finance, ICICI Bank Home Loans gives you an opportunity to select the perfect home loan as per your needs of a dream home.
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Changes in Floating Reference Rate (FRR) 
Taking a loan
Reasons why you must consider an ICICI Bank Home Loan
Tax benefits of a Home Loan
Buying a home
Safe Banking with ICICI Bank Home Loans
Technical terms demystified
Thinking of renovating your house? Yearning to buy a new Laptop? Need financial assistance with marriage related expenses or your child higher education? An ICICI Bank Personal Loan is your One-stop-shop for all your financial needs to fulfill any of your desires. Key Benefits of ICICI Bank Personal Loan: | |
 | Loan up to 15 lacs |
| No security/guarantor required |
| Faster Processing |
| Minimum Documentation |
| Attractive Interest Rates |
| 12-60 Months repayment options |
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Special Offer for ICICI Bank Customer:
With the "Loan on Phone" facility, it is possible to secure a loan even without having to visit your bank branch. If you have been an ICICI Bank customer for the past 6 months, you might have a pre-approved loan offer waiting for you. All you need to do is :
Login to icicibank.com using your user ID and password and know your offer
Speak to our phone banking officers and quote your relationship number to know your offer Click here.
