#1
July 22nd, 2016, 02:46 PM
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Mortgage Loan State Bank of Hyderabad
I want to get detail of Mortgage Loan scheme of State Bank of Hyderabad. Please provide here detail about this scheme of bank ?
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#2
July 22nd, 2016, 03:17 PM
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Re: Mortgage Loan State Bank of Hyderabad
Through Mortgage Loan scheme , State Bank of Hyderabad provide hassle free credit facilities . Bank provide mortgage of property of adequate value. Mortgage Loan Scheme : Eligibility : MSME Enterprises Quantum of Loan : 65% realizable value of the Security subject to a maximum of `5.00 crores depending upon category of Enterprise Repayment : Working capital loans [CC/OD] is valid for 12 months. Term Loan 60 Months including moratorium. Demand loan maximum 36 months Margin : 35% Security : Primary : Hypothecation of assets acquired by Bank Finance. Collateral : 153% of Loan amount in the form of equitable/ registered mortgage of land/building Interest Rate : Period Interest Rate Term Loan 13.00 Overdraft 13.25 Contact Detail : State Bank of Hyderabad 1800 425 1825 |
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