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  #1  
Old June 30th, 2016, 08:41 AM
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Default SBBJ Lap

Hello sir I want to know the Interest Rate of SBBJ Loan Against Property so will you please provide me the same ??
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  #2  
Old June 30th, 2016, 09:12 AM
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Join Date: Dec 2012
Default Re: SBBJ Lap

As you want to know the Interest Rate of SBBJ Loan Against Property as under:

SBBJ Loan Against Property

Interest Rate

Interest Rate 12.05% Floating

Lowest EMI Rs. 1,438 per lakh

Tenure Max 10 years

Processing Fee Upto 1.00%

Prepayment, Foreclosure Charges Individual Borrowers: Prepayment allowed with nil charges for floating rate loans.

Others: Prepayment charges, restrictions can apply

EMI Calculator

Loan Amount (Rs.) 7 years 10 years 10 years
2,500,000 Rs. 44,199 Rs. 35,940 Rs. 35,940
5,000,000 Rs. 88,397 Rs. 71,880 Rs. 71,880
7,500,000 Rs. 132,596 Rs. 107,820 Rs. 107,820
10,000,000 Rs. 176,795 Rs. 143,760 Rs. 143,760

Eligibility

Employees, Professionals & self-employed Individuals who are IT assesses and Non Resident Indians (NRIs) owned residential property in his own name or in the name of spouse/children/parents/siblings.

Income :

Minimum Net Monthly Income of Rs. 25,000/ (or Rs. 3 lacs per annum).

Loan Amount

(i) Minimum Loan Amount: Rs. 10 lacs
(ii) Maximum Loan Amount: Rs. 5 crores, subject to location of the property as mentioned hereunder
(a) At Non-BPR urban centres: 1 crore
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