State Bank Of Hyderabad offers Home Loan for Purchase plot of land and construction of house (both) thereon.

SBH Home Loan

Purpose-

Purchase a new flat/ house or construction of a house.
Purchase plot of land and construction of house (both) thereon.
Purchase an existing (old) house/flat or extension of existing house.
Purchase house plot only.
Repair or renovation an existing house/ flat
Furnishings/ consumer durables.
Takeover the loans from Banks/ HFC

Eligibility :

Individual(s) over 18 years of age with steady source of income, including persons engaged in agriculture & allied activities.

Amount of Finance :

Maximum loan amount will be lowest of loan amount assessed on the basis of the under noted 3 options(a.b.c) below:

a) Project cost which may include cost of land, house/ flat, cost of additional amenities related with said house/ flat, registration charges, stamp duty, property insurance, service tax and other statutory dues, if any, less applicable margin.

b) Permissible EMI/ NMI ratio.

c) Maximum Permissible Loan to Value(LTV) ratio.

Processing fee :

Up to Rs. 25.00 lacs- 0.25% of loan amount subject to minimum of Rs.5,000/-

Above Rs. 25.00 lacs to Rs. 75.00 lacs- Rs.6,500/-

Above Rs. 75.00 lacs- Rs.10,000/-

Equitable Mortgage Charges :

Upto 1Lakh – NIL
Above 1 Lakh – Rs. 200/- per lakh. Max: Rs. 11,200/-


CERSAI – Amount of Fee Payable : Rs. 500/- for creation.

Other Charges :
Lawyer’s, Valuer’s fee etc to be borne by the borrower on the basis of actual cost

EMI/ NMI Ratio :

Based on income-wise graded ratio as under:

Up to `0.60 lacs : 20%
Above `0.60 lakhs to `1.20 lakhs : 25%
Above `1.20 lakhs to `2.00 lakhs : 30%
Above `2.00 lakhs to `5.00 lakhs : 50%
Above `5.00 lakhs to `10.00 lakhs : 55%
Above `10.00 lakhs : 65%

Customer service: 1800 425 1825