R P Mohan (SBI Marketing Consultant – Home Loans)

Mob: 9972332523 Email:rpmohansbi@gmail.com

Financing will be done for BDA,BMRDA,BIAAPA, BBMP approved properties only

Date: 14.02.2011 Base Rate =8.25% p.a.

1. SBI EASY HOME LOAN

Loan amount	Upto (and including) Rs.30 Lacs
Facility Type	OD (Maxgain) or TL
Interest Rate	Card Rate applicable for the tenor of the loan 1.50% above Base rate, present effective rate being 9.75%
First year	1% discount over Card Rate, present effective rate 8.75% p.a.
2nd & 3rd year	0.25% discount over Card Rate, present effective rate being at 9.50% p.a.
Interest rate from 4^th year	Card Rate
Fixed interest rate	No Fixed Interest Rate option

2. SBI ADVANTAGE HOME LOAN

Loan amount	Above Rs.30 Lacs up to Rs.75 Lacs
Facility Type	TL / Maxgain
Interest Rate	Card Rate applicable for the tenor of the loan 1.75% above Base rate, present effective rate being 10.00%
First year	1.25% discount over Card Rate, present effective rate 8.75% p.a.
2nd & 3rd year	0.50% discount over Card Rate, present effective rate being at 9.50% p.a.
Interest rate from 4^th year	Card Rate
Fixed interest rate	No Fixed Interest Rate option

3. SBI PREMIUM HOME LOAN

Loan amount	Above Rs.75 Lacs
Facility Type	TL / (Maxgain up to 1 Crore)
Interest Rate	Card Rate applicable for the tenor of the loan 1.75% above Base rate, present effective rate being 10.00%
Fixed interest rate	No Fixed Interest Rate option

Processing fee :- Loan Amount Processing Fee (Revised)

Funding :- Out of total project cost 80% loan will be funded including regn/stamp duty.

Example: Project cost – 28Lakhs; Registration ;1 lakh, Interiors; 1 lakh Total Project cost – 30 Lakhs

Allowed loan = 80% of the cost = 80% * 30 Lakhs = 24 Lakhs

Note:- We also takeover existing housing loans of other banks/FI's.

Features of our Housing loan:

List of Documents

1. Application form duly filled
2.SBI - Savings Bank Account witha min.balance of Rs.5000/- (Applicable for SBI Maxgain A/c’s)
3. Salary Slip- last 3 months	Additional documents for Take Over Loans:
4. Copy of Form 16/IT returns- last 2 yrs	1) Pre Closure Letter from other Bank with HL o/s
5. Photograph – 1 each for applicant(s)/guarantor	2) Statement of HL account from beginning
6. Bank Statement for 6 months – salary account	3)Letter stating list of original documents held with the existing bank
7. Copy of employer's Identity Card, PAN card	4) Certified copy of Sale Deed
8. Address Proof – HR letter
9. Employment proof – HR letter proving the service in the company
10. Guarantor-proof of ID, address, property, if working then 1 month salary slip, IT returns for 1 year (Guarantor required if project is under construction/purchase of plot/takeovers)
11. Property Documents (Sale agreement, Construction agrmt, Latest Taxpaid receipt, Copy of Mother deed, approvals from local authorities, Sanctioned plan, etc.) ENCUMBRANCE Certificate for 13 YEARS
12. Legal charges (Rs.1500/-)and valuation charges Rs.1500/- & Stamp duty for loan documents

Please note that EM creation charges ARE as applicable

Approx EMI chart at prevailing interest rates - for Rs. 1 Lakh per month