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July 29th, 2017, 12:46 PM
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Join Date: Mar 2012
Re: State Bank Of Hyderabad Bike Loan

As you know that State Bank Of Hyderabad is now State Bank of India and here I let you know about Super Bike Loan Scheme.

Eligibility
(i) Regular employees of State/Central Govt., Public Sector Undertakings, corporations, private sector companies, and reputed establishments.

(ii)Professionals, Self-employed, Businessmen, proprietary/partnership firms and others who are income tax assesses.

(iii) Persons engaged in agriculture and allied activities can also avail this scheme. Income Tax return is not required in case of agriculturists.

Income
i) Salaried: Net Annual Income of applicant and/or co-applicant if any, together should be Rs 6 Lacs and above.

ii) Self-employed, Professionals, Proprietary/Partnership firms and Businessmen: Net Profit or Gross Taxable income of Rs. 6 Lacs p.a. (income of co-applicant can be clubbed together for Self-employed, Professionals and Businessmen) as per ITR after adding back depreciation and deducting repayment of all existing loans

iii) Agriculturists: Net annual income of applicant and/or co applicant together to be Rs. 6 Lacs

Documents required
i) Statement of Bank account of the borrower for last 6 months.
ii) 2 Passport size photographs of borrower/guarantor (s).
iii) Signature identification from bankers of borrower/guarantor (s).
iv) A copy of passport /voters ID card/PAN card.
v) Proof of residence by way of tax receipts, telephone bill, electricity bill or any other document that comply with the regulatory and/or KYC requirements.
vi) Latest salary-slip showing all deductions and TDS certificate-Form 16 in case of salaried persons.
vii) Copy of Income Tax Return for last two financial years, duly acknowledged by ITO for professionals, self-employed and others.
IT Return is not mandatory in case of agriculturists.
viii) Proof of official address for non-salaried individuals.

Margin
15% of "Ex-showroom Price" of the vehicle

Address:-
State Bank of India
18 19, Devdas Kamlleg Block, Synergy Building, Bandra Kurla Complex-Bandra East, Mumbai - 400051, Behind National Stock Exchange

Phone:-
+(91)-80-26599990
18004253800,1800112211


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