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June 22nd, 2016, 12:33 PM
Super Moderator
 
Join Date: Mar 2013
Re: State bank of Hyderabad NRI Housing Loan

Hey as per your demand here I am providing you details of eligibility criteria of State bank of Hyderabad NRI Housing Loan

Eligibility
Individual over 18 years of age.
Having steady source of Income, who are non Resident Indians (NRIs) holding a valid Indian Passport
Candidates are persons of Indian Origin (PIOs) holding a foreign passport.

Margin
Upto Rs. 20 lacs 15%
Above Rs. 20 lacs 20% .

Security
Mortgage of the Property.

Repayment
Moratorium Period: Maximum upto 36 months.
Loan Tenor: Upto 30 years subject to liquidation of the Housing loan before the borrower reaches the age of 70 years.

Loan Amount :
75% of FCNR(B) Deposits multiplied by Level rates


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