2letservice.com - India's #1 Property Listing Website | |
|---|---|
| State Bank of India Housing Loans | |
| Ad Posted: | 5/7/2008 11:00:05 AM |
| Ad Expire: | 6/16/2008 11:00:05 AM |
| Posted By: | rojalin |
| Category: | Resources > Home Loan |
| Ad Description: | |
Founded in 1806, SBI State Bank of India is the largest bank in the world. Home Loan Products are: SBI-Flexi Home Loans: Gives you a one time irrevocable option to choose one of the three customized combinations of fixed and floating interest rates and also to choose the order in which the fixed and floating rate will be availed. Minimum Loan Amount: Rs.5 lacs SBI-Maxgain Home Loans: The loan is granted as an Overdraft facility with the added flexibility for you to operate your Home Loan Account like your SB or Current Account. The product serves to minimize your interest cost by enabling you to park your surplus funds in SBI-Maxgain (with the benefit to withdraw the surplus funds whenever you require), specially in the wake of low yields from other deposit/ investment avenues. Minimum Loan Amount: Rs.5 lacs SBI-Realty Home Loans: The loan is available for a maximum amount of Rs.20 lacs* and with a comfortable repayment period of upto 15 years. You are also eligible to avail another Housing Loan for construction of house on the plot financed above with the benefit of running both the loans concurrently. SBI-Freedom Home Loans: For those who do not want to pay stamp duty for mortgage of their property or go through the hassles of creation of mortgage. You also have an option to take the loan by way of mortgage of the property and pledge financial securities in lieu of margin money. Repayment is highly customized, giving you the option to repay through regular EMIs or through maturity proceeds of the securities pledged. Information as available on SBI Website. For interest rates, terms and conditions and current offers visit sbi.co.in | |