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February 4th, 2016, 11:01 AM
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Join Date: Mar 2012
Re: State bank of india home equity loan

Hello buddy as you want here we provides you information State bank of India home loan as follows


SBI TOP UP HOME LOAN

Eligibility


All Home Loans with a satisfactory repayment track of at least one year.
Valid mortgage should have been created in favour of the Bank.

Loan Amount

Minimum Loan Amount: Rs. 3 lacs

Maximum Loan Amount: Rs. 5 crores.

Processing Fee

Processing Fee 0.35% of Loan Amount subject to a minimum of Rs 1500/- and Maximum of Rs 10,000/-



Loan for Earnest Money for Allotment of A House/Plot

Many Government agencies, viz. Urban Development Authorities and Housing

Boards, periodically come out with schemes for allotment of plots/houses, wherein

applicants have to deposit 10-20% of the total cost of plot/house as Earnest Money Deposit (EMD).

SBI Earnest Money Deposit Scheme provides finance for Earnest Money deposit to all individuals above 21 years of age.

Applicant should have regular source of income.

No minimum income criteria.

Margin waived. Finance up to 100% of application money, subject to a maximum loan amount of Rs.10 Lacs.

No security, irrespective of the loan amount.


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