SBBJ (State Bank of Bikaner and Jaipur) Home Loan provides home loans that have flexible tenures, hassle-free loan application process and attractive interest rates. SBBJ Housing Loan can be used for anything from purchasing the property to spending for home renovation.

SBBJ Home Loan

Purpose
Purchase of plot/house/flat, construction, extension, renovation and refurbishing

Eligibility
Individual

Loan Amount EMI/NMI:
Income up to 2.00 lacs – not exceeding-40%
Income above 2.00 lacs and up to 5.00 lacs – not exceeding 50%
Income above 5.00 lacs – not exceeding-55% Income of spouse /son/ daughter {any two) can be clubbed.
For businessman loan amount may be considered on the basis of sales if the loan amount is more than 2.00 lacs

Margin
Loan up to 1 crore 20% above 1.00 crore –25%

Repayment
Maximum 30 years including moratorium period.
Pre-closure /pre-payment penalty is discontinued on all Home Loans irrespective of the period for which the account has run or the source of funds.
Repayment to be completed by the time the borrower reaches 70 years

Security
Mortgage/ Eq. mortgage of the property proposed to be purchased/constructed/improved or any other tangible security Guarantee of spouse/son/daughter if income is clubbed.
PDCs for EMI

Processing Fee (Including Service Tax)
Upto Rs.25, 000 - NIL
Above Rs.25, 000 - REGULAR HOME LOAN: 0.50% of Loan Amount
(Min Rs.500 & Max Rs.10, 000)

Upto Rs.25, 000 - NIL
Above Rs.25, 000 - ONLINE HOME LOAN: 25% Concession on Applicable Processing Fee
(Min Rs.500 & Max Rs.10, 000)

Other features
SBBJ Realty SBBJ Maxgain
SBBJ Flexi Housing Loan
NRI Housing Loan Scheme