LOAN TENOR Upto 30* years subject to liquidation of the Home Loan before the borrower reaches the age of 70 years.
|
|
- Posy Parker
- 8 years ago
- Views:
Transcription
1 HOME LOAN Individual(s) over 18 years of age with steady source of income*, including persons engaged in agriculture & allied activities. Maximum Age Maximum age limit for a Home Loan borrower is fixed at 70 years, i.e. the age by which the loan should be fully repaid, subject to availability of sufficient, regular and continuous source of income for servicing the loan repayment. Sanctioning authority is, however, left with discretion to sanction loans to individuals above the age of 70 years, provided son / daughter / spouse, who is a legal heir and preferably below the age of 50 years, with sufficient income for servicing the loan repayment, joins as co-borrower / guarantor. No. of Co-Borrowers: Restricted to maximum 3 including spouse/children/parents/siblings. However, AGM (Region)/AGM (Branch) can relax In cases where the co-applicants are unrelated to each other, the DGM ( B & O) may permit the relaxation LOAN TENOR Upto 30* years subject to liquidation of the Home Loan before the borrower reaches the age of 70 years.
2 For Home Loan Borrowers falling under Commercial Real Estate (CRE) and Individuals engaged in business maximum loan tenor will be 25 years. EMI/NMI Ratio NAI (in Lakhs) EMI/NMI Ratio <= % >1.20 <= % >=3.00, <= % >6.00, <= % > % Margin: Loan amount House under construction House ready for possession Up to 75 lacs 20% 15% Above 75 lacs 25% 15% LTV Ratio: Home Loan
3 (LTV) Ratio for construction linked Amount (in disbursement lakhs) Home Under House Ready For Possession Construction Loan 90% 90% upto 20 Loan 80% 80% above 20 upto 75 Loan above 75 75% 75% Moratorium: for buildings up to 7 floors 18 Months > 7 and up to 14 floors 24 months > 14 and up to 21 floors 30 Months More than 21 floors 36 Months Mega/ Integrated Township - 48 Months PENAL INTEREST No penal interest should be charged for Home Loans
4 upto Rs.25,000/- For Home Loans above Rs.25000/-, if the irregularity exceeds EMI or Installment amount, for a period of one month, then penal interest should be 2% p.a. (over and above the applicable interest rate) on the overdue amount for the period of default. If part installment or part EMI remains overdue, then penal interest should not be levied. NRI HOME LOANS Individual (s) over 18 years of age with a steady source of income who NRIs, with total work experience of 2 years in India or abroad, who have taken up jobs/professions/other economic activity abroad for better prospects NRIs with a job contract for a minimum period of 2 years abroad after completion of 6 months in the employment and presently holding a valid job contract /work permit. Minimum: Rs lacs Repayment: Maximum period of 30 years subject to the stipulation that the loan should be liquidated by the age of 60 years or by the age of retirement, whichever occurs earlier. SBI-MAXGAIN HOME LOAN AS AN OVERDRAFT
5 Eligibility: Both Existing / Prospective customers having minimum balance of Rs.5000/- in their SB/CA Loan Amount : Minimum Rs.5.00 Lacs, No upper limit add 0.25% interest for loans above Rs.1 Cr. A fee of Rs. 1000/ will be charged as processing fee for conversion of existing TL. SBI-TRIBAL PLUS HOME LOANS Home Loans to people residing in Hilly /Tribal areas No Mortgage of land Loans given against Third Party Guarantee Maximum loan Rs.10 lacs Maximum Loan tenure 15 years 21 years of age (but not more than 60 years) (1)maintain satisfactorily conducted deposit accounts with us with an average balance of Rs.5000/- for the last two years or (2) maintains loan accounts which are satisfactorily conducted for a minimum period of 2 years Loan Amount: For employees :36 times Net Monthly Income (NMI)
6 For professionals, businessmen and self employed, Agriculturist(based on activity) 2 times average Net Annual Income (NAI) for the last 3 years on the basis Income-Tax Returns, along with audited/certified profit and loss account and balance sheets, I.T.Challans. GRAM NIWAS the population of which does not exceed as per 2001 census. Maximum Loan amount : For construction/purchase of house:rs.5 lacs For repairs/renovation :Rs.2 lacs For purchase of land AGE :18 years to 50 years Repayment : 180 months : Rs.1 lac Margin : upto % 50k to 5 lac 15% Security : upto EM is waived. SAHAYOG NIWAS SHGs with a good track of payment record for 2 years. 10 times the savings of the corpus of SHG.
7 SHG will on lend to its members for housing subject to a maximum of Rs. 50,000/- per member for purchase / construction of house and Rs. 25,000/- for repairs / renovations / purchase of plot All handling charges such as processing fee, ledger folio fee etc are waived except legal scrutiny fee which should not exceed Rs. 200/- 15 years repayment. SBI Yuva Home Loan Salaried employees of reputed companies in private sector, MNCs, government undertakings, PSUs and Central / State Government employees having age of 21 years and above but not more than 45 years. Minimum NMI should be Rs /. Loan amount 20% extra i.e. 1.2 times the loan amount calculated as per the normal method. Loan tenor allowed upto 30 years First 36 months Only the interest applied during the month will be recovered. SBI REALTY Maximum Loan Amount Rs cr. Maximum period for construction of house: 2 years from the date of availment of the loan.( IF NOT )(Interest rate as applicable to Personal Loan against
8 Mortgage of Immovable Property or 5.25% above the Base Rate, whichever is higher) Home Loan for purchase of Plot Loans above Rs.50 lacs require prior administrative clearance Repayable in a maximum of 180 months
Home loan Home loan with Home saver facility. Commercial property Purchase Home construction loan Home extension loan Home improvement.
Home loan Home loan with Home saver facility. Commercial property Purchase Home construction loan Home extension loan Home improvement Home loan Features Home loans can be used to buy new property, 2nd
More informationCourses Eligible. Courses Eligible. Contd. 2
COMPREHENSSIVE GUIDELINES ON EDUCATION LOAN SCHEME FOR PURSUING HIGHER STUDIES IN INDIA AND ABROAD Purpose To extend financial assistance to all eligible / deserving / meritorious students for pursuing
More informationUnited Bank of India, Head Office: Kolkata Rate of interest Chart on various categories of loans and advances
United Bank of India, Head Office: Kolkata Rate of interest Chart on various categories of loans and advances Sl Category of Advance Rate of Interest (linked with Base rate) Base Rate=9.65% w.e.f 12.10.2015.
More informationLOAN TO VALUE (LTV) RATIO RBI
LOAN TO VALUE (LTV) RATIO RBI In order to prevent excessive leveraging, the LTV ratio in respect of housing loans should not exceed 80 per cent. However, for small value housing loans i.e. housing loans
More informationi) Revised Rate of Interest structure for MSE advances w.e.f. 05.10.2015: a. Advances to Micro & Small Enterprises covered under CGTMSE
Interest Rates linked to Base Rate: 1. Micro and Small Enterprises (MSE): i) Revised structure for MSE advances w.e.f. 05.10.2015: a. Advances to Micro & Small Enterprises covered under CGTMSE Category
More informationGOVERNMENT OF INDIA MINISTRY OF HIGHER EDUCATION EDUCATIONAL LOAN SCHEME FOR PURSUING HIGHER STUDIES IN INDIA AND ABROAD
GOVERNMENT OF INDIA MINISTRY OF HIGHER EDUCATION EDUCATIONAL LOAN SCHEME FOR PURSUING HIGHER STUDIES IN INDIA AND ABROAD 1. INTRODUCTION Education is central to the Human Resources Development and empowerment
More informationSyndicate Bank HO:Manipal CO:Bangalore
Syndicate Bank HO:Manipal CO:Bangalore RATE OF INTEREST ON ADVANCES Prime Lending Rate () w.e.f. 0.0.0.9%* (*subject to change from time to time, valid for loans and advances sanctioned upto 0/0/00) Applicable
More information{' t- A need was felt to formulate a scheme to provide loans to the farming communify for ALL OFFICES
lnstruction Circular No. : 1004 File No. : 30 ALL OFFICES CENTRAL OFFICE, CHANDER MUKHI NARIMAN POINT, MUMBAI-4OOO2 1 PRIORITY SECTOR RURAL DEVELOPMENT DEPARTMENT Date z 07.11.2012 Dept. Running No. :
More informationHousing Finance being one of the safest lending avenues has. also contributed to the emergence of new players in the market.not
Introduction: Housing Finance being one of the safest lending avenues has also contributed to the emergence of new players in the market.not only home loans easily available, with intense competition in
More informationEducational Loan Scheme
Educational Loan Scheme RPCD.PLNFS.BC.NO.83/06.12.05/2000-01 April 28, 2001 The Chairman/Managing Director All scheduled commercial banks Dear Sir Educational Loan Scheme The Finance Minister in a meeting
More informationHousing Finance in India and Appraisal Process of Home Loans with Specific Reference to Indian Overseas Bank
Housing Finance in India and Appraisal Process of Home Loans with Specific Reference to Indian Overseas Bank Souvik Ghosh MBA in Finance, Future Business School, West Bengal University of Technology, Kolkata,
More informationThe ownership of the property is retained by the owner. In case of inability to repay the loan the property could be disposed of to repay dues.
Loan against Property Loan against Property is a secured loan. If you own Residential or Commercial property you could utilize the value of the same by opting for mortgage loan. The property papers are
More information1. What are the approximate rates for obtaining NHB refinance, NCD, RMBS, Bank loans, Deposits, CPs, ECB, any other instruments?
1. What are the approximate rates for obtaining NHB refinance, NCD, RMBS, Bank loans, Deposits, CPs, ECB, any other instruments? NHB Refinance Under Rural Housing Fund 1 : Interest rate on refinance =
More informationREVERSE MORTGAGE LOAN SCHEME FOR THE SENIOR CITIZENS OF DELHI
REVERSE MORTGAGE LOAN SCHEME FOR THE SENIOR CITIZENS OF DELHI Concept of Reverse Mortgage Loan (RML). DCHFC proposes to introduce the new scheme of Reverse Mortgage loan announced in the Budget speech
More informationSYNDICATE BANK HO: MANIPAL CO: BANGALORE. Revision in service charges on Loans and Advances (Service Tax to be collected in all cases)
SYNDICATE BANK HO: MANIPAL CO: BANGALORE Charges 1.PROCESSING CHARGES: WORKING CAPITAL Upto `25000/- Above ` 25000/- to `2.00 lakhs Revision in service charges on Loans and Advances (Service Tax to be
More informationLoan Application Form
Regd. Office : 9th floor, Antriksh Bhawan, 22, Kasturba Gandhi Marg, New Delhi - 110 001 Website : www.pnbhfl.com Loan Application Form INSTRUCTIONS 1 Please write all the information in BLOCK LETTERS.
More information7.00 6.60 6.60 6.60 6.60 6.60
RATES AT A QUICK GLANCE Deposit Accounts NATURE RATE OF INTEREST MINIMUM BALANCE NORMAL SENIOR Rural Semi Urban Urban CITIZEN 1. Savings Bank A/C (w.e.f. 03.05.2011) A. Domestic Account a. With cheque
More information" BML KIYAVAA" (EDUCATION LOAN) APPLICATION CUM APPRIASAL FORM. Enhancement of existing student loan
" BML KIYAVAA" (EDUCATION LOAN) APPLICATION CUM APPRIASAL FORM Surname Full names Permanent address BML customer No. Account opening date National ID card Title New student loan Enhancement of existing
More informationMOST IMPORTANT TERMS AND CONDITIONS (MITC) -------------------------------------------------------------------------------
MOST IMPORTANT TERMS AND CONDITIONS (MITC) ------------------------------------------------------------------------------- The Most Important Terms and Conditions (MITC) of the loan between the Borrower/s
More informationHow To Get A Loan From An Indonesian Bank
Creative Home Loan Application Form FORM-A (PERSONAL DETAILS) APPLICANT CO APPLICANT GUARANTOR Name Gender M F Salutation Mr Mrs Ms Dr. Other Date of Birth -- Marital Status Married Unmarried Other Name
More informationLAGHU UDHYAMI CREDIT CARD SCHEME (LUCC)
LAGHU UDHYAMI CREDIT CARD SCHEME (LUCC) FACILITY Cash Credit/ Overdrafts PURPOSE To make credit delivery system simple by waiving cumbersome procedural aspects relating to renewals, submission of balance
More information(iv) Bank may extend finance to a person who proposes to buy an old house where he is presently residing as a tenant.
Master Circular Housing Finance A. Purpose To consolidate framework of rules/regulations and clarification on Housing Finance issued by Reserve Bank of India from time to time. B. Classification A statutory
More informationScheme for Financing the SHGs/Minority Artisans/Individuals through NGOs/Co-operative Societies/Trusts
Scheme for Financing the SHGs/Minority Artisans/Individuals through NGOs/Co-operative Societies/Trusts NMDFC NATIONAL MINORITIES DEVELOPMENT AND FINANCE CORPORATION (NMDFC) Regd.Office: 1 st Floor, Core-1,
More informationMOST IMPORTANT TERMS AND CONDITIONS - HOME EQUITY LOAN
MOST IMPORTANT TERMS AND CONDITIONS - HOME EQUITY LOAN Following are the major Terms and conditions agreed between (Borrower) and the (Housing Finance Company) Loan Loan Amount To be determined on the
More informationMost Important Terms & Conditions (Approved by the RMC at its meeting held on 9 th. J une 2015)
INDIABULLS HOUSING FINANCE LIMITED Most Important Terms & Conditions (Approved by the RMC at its meeting held on 9 th. J une 2015) Indiabulls MITC elaborates the terms and conditions with respect to the
More informationON :- increased treatment. senior citizen. most of. liquidity for. Page 60
ISSN No. 0974-035X An Indexed Refereed Journal of Higher Education Towards Excellence UGC-ACADEMIC STAFFF COLLEGE, GUJARAT UNIVERSITY, AHMEDABAD, INDIA REVERSEE MORTGAGE Mrs Charmy Lad I NTRODUCTIO ON
More informationBANK OF BARODA (GUYANA) INC.
Sl. No. AREA OF BANKING SERVICE SECTION I 1. Ledger folio charges DEPOSITS AND ALLIED SERVICES Applicable to BUSINESS CHECKING & OVERDRAFT Account (excluding loan against banks own deposits) Overdraft
More informationINFORMATION BROCHURE. Refinance Scheme for Scheduled Banks for their lending for Housing, 2003
INFORMATION BROCHURE Refinance Scheme for Scheduled Banks for their lending for Housing, 2003 1. Introduction The objective of the scheme is to provide refinance assistance to Scheduled Banks (SBs) in
More informationMUTHOOT VEHICLE & ASSET FINANCE LTD. LOAN POLICY
MUTHOOT VEHICLE & ASSET FINANCE LTD. LOAN POLICY Muthoot Vehicle & Asset Finance Ltd. (MVFL) is a Deposit taking Asset Finance Company licensed by the Reserve Bank of India for carrying out non banking
More informationREFERENCE BOOK ON STAFF LOANS AND ADVANCES
State Bank of India REFERENCE BOOK ON STAFF LOANS AND ADVANCES (UPDATED UPTO 01.06.2011) COMPILED BY : SBLC, PANCHKULA & INDUSTRIAL RELATIONS DEPARTMENT, CC, MUMBAI i Chapter Particulars Pages 1 INDIVIDUAL
More informationService Charges. For>10000/- up to less than Rs.50000/-: Rs.3.50 per Rs.1000 Min Rs. 50/- For Rs >50000/-
Service Charges Name of the Bank State Bank of Bikaner and Jaipur Saving Bank A/c-No frills A/c - Minimum Balance Saving Bank Account with cheque facility Minimum Balance Rural Rs.500/- Non-Rural Rs.1,000/-
More information3. The House Building Loan would be admissible to all members for the following purposes:
NAVAL GROUP INSURANCE FUND (NGIF) RULES FOR HOUSING LOAN Introduction 1. The proposal for introducing a House Building Loan Scheme financed by the Naval Group Insurance Fund and its broad parameters were
More informationCredit Guarantee Fund Trust for Micro and Small Entreprises (CGTMSE) Presentation on Credit Guarantee Scheme
Credit Guarantee Fund Trust for Micro and Small Entreprises (CGTMSE) Presentation on Credit Guarantee Scheme MSE as defined in MSMED Act 2006 Micro and Small Enterprises (MSE) in India MSE is governed
More informationLOAN AGREEMENT FOR PACKING CREDIT/ POST SHIPMENT FINANCE IN FOREIGN CURRENCY (PCFC / PSCFC)
IBD 10 LOAN AGREEMENT FOR PACKING CREDIT/ POST SHIPMENT FINANCE IN FOREIGN CURRENCY (PCFC / PSCFC) This agreement is made at on in between M/s hereinafter called the Borrower for the sake of brevity (which
More informationCAR LOAN APPLICATION FORM
CAR LOAN APPLICATION FORM Please read these instructions carefully before filling up the application form 1. Separate copies of Form-A (Personal Details) and Form-B (Employment and Income Details) are
More informationMUTHOOT VEHICLE & ASSET FINANCE LTD. LOAN POLICY
1 MUTHOOT VEHICLE & ASSET FINANCE LTD. LOAN POLICY Muthoot Vehicle & Asset Finance Ltd. (MVFL) is a Deposit taking Asset Finance Company licensed by the Reserve Bank of India for carrying out non banking
More informationReverse Mortgage Scheme November 2014 REVERSE MORTGAGE LOAN
REVERSE MORTGAGE LOAN - Source National Housing Bank Website. Reverse mortgage is a financial product that enables senior citizens (60+) who own a house to mortgage their property with a lender and convert
More informationThe interest factor depends on the perceived risk factor by the banks, past track, growth and profitability trends and the industry profile.
Business loans are offered to small and medium enterprises towards working capital, expansion, or modernization of existing business. It could be either secured or unsecured. The idea is that if there
More informationExposure Norms & Guidelines on Loans & Advances
Exposure Norms & Guidelines on Loans & Advances Uma Sankar Reserve Bank of India College of Agricultural Banking Version: 1 Outline of presentation Introduction Exposure ceilings definitions Other restrictions
More informationLoan for property (Courtesy: Economic Times, apnaloan & apnapaisa, Accommodation times, i-save & others)
Loan for property (Courtesy: Economic Times, apnaloan & apnapaisa, Accommodation times, i-save & others) Frequently Asked Questions: Q. What are the steps involve in the process of loan & what fees it
More information(II) Advances ` 25.00 Lacs & Above :
(A) Rate of interest on MSE Segment w.e.f. 18/06/2015 (Base rate-9.95% w.e.f. 18/06/2015) (I) Advances below ` 25.00 Lacs: Existing Working Capital & Term Loans (3 Years & above) Working Capital & Category
More informationAMERIABANK CJSC TERMS OF MORTGAGE LOANS* (where the loan is secured by property other than the real estate to be bought)
Approved by Management Board decision 123/06/11 as of October 19, 2011 Chairman of the Management Board General Director Artak Hanesyan Effective since November 10, 2011 AMERIABANK CJSC TERMS OF MORTGAGE
More informationAPPLICATION FOR HOME LOAN
Please affix photograph(s) 1 copy PP size photograph of the Applicant 1 copy PP size photograph of the Co-Applicant Particulars Applicant Co-Applicant Please note that the column above titled applicant
More informationIREDA-NCEF REFINANCE SCHEME REFINANCE SCHEME FOR PROMOTION OF RENEWABLE ENERGY SUPPORTED BY THE NATIONAL CLEAN ENERGY FUND
IREDA-NCEF REFINANCE SCHEME REFINANCE SCHEME FOR PROMOTION OF RENEWABLE ENERGY SUPPORTED BY THE NATIONAL CLEAN ENERGY FUND IREDA NCEF REFINANCE SCHEME REFINANCE SCHEME FOR PROMOTION OF RENEWABLE ENERGY
More informationREVERSE MORTGAGE LOAN (RML): OPERATIONAL GUIDELINES (Awaiting approval and notification of the Government of India)
May 13, 2008 REVERSE MORTGAGE LOAN (RML): OPERATIONAL GUIDELINES (Awaiting approval and notification of the Government of India) Introduction Senior Citizens are an increasing component of the Indian society
More informationSchemes for Financing Micro, Small and Medium Enterprises
Schemes for Financing Micro, Small and Medium Enterprises Background The Small Scale Industries Sector, redefined since 2006 as the Micro Small and Medium Enterprises Sector has played a seminal role in
More informationService Charges (applicable wef April 1 2015) 1 Minimum monthlyaverage balance requirement and monthly maintenance charges in SB accounts
Service Charges (applicable wef April 1 2015) 1 Minimum monthlyaverage balance requirement and monthly maintenance charges in SB accounts 1.1 Where a debit card has been issued (other than CUB-card) to
More informationTotal acres. Land revenue (Rs.) irrigated acres
Loan Application Format - (CROP LOAN/ KCC) BRANCH Application No. Year The Branch Head IDBI ltd Dear Sir, I/ We hereby apply for a loan of Rs..(Rupees... Only) and furnish below the necessary particulars.
More informationSE-M NET WORTH Paid up capital plus free reserve.
SCHEMES FOR ASSISTANCE A few current definitions WEST BENGAL F MICRO ENTERISE [Manufacturing] Investment in plant & machinery upto Rs. 25.00 lakh. MICRO ENTERISE [Services] Investment in equipment up to
More informationUnsecured Business loans:
Unsecured Business loans: We provide up to 5 crores with following ADVANTAGES: NO GUARANTORS NO MORTGAGES NO COLLATERAL SECURITY FAST PROCESSING The Funds can be used for Business expansion, Working capital,
More informationLoans and Advances. 35.1 Introduction. 35.2 Objectives
35 Loans and Advances 35.1 Introduction In the previous lesson you have learnt the meaning and types of depositaccounts including the procedure of opening and operating bank accounts. We have seen that
More informationA Study on Housing Finance Policies and Appraisal Process of Home Loans in India
International Journal of scientific research and management (IJSRM) Volume 2 Issue 9 Pages 1441-1448 2014 Website: www.ijsrm.in ISSN (e): 2321-3418 A Study on Housing Finance Policies and Appraisal Process
More informationReverse Mortgage. Loan as proportion of Assessed Value of Property
Reverse Mortgage By Paul, Divya & Chakrapani, Jyoti Introduction: Reverse Mortgage is a product that will allow senior citizens to avail themselves of funds by mortgaging their residential property. The
More informationFlorida, USA Call 4 4722 72 Click www.hsbcpremier.lk
Build a life in the luxury of your dream home. Florida, USA Call 4 4722 72 Click www.hsbcpremier.lk HSBC Premier Home Loans As an HSBC Premier customer we offer you Home Loans for the following purposes:
More informationDASH ADVANCE PERSONAL LOAN PRODUCT TERMS
DASH ADVANCE PERSONAL LOAN PRODUCT TERMS 1. Applicable terms You must read this Dash Advance Personal Loan Product Terms together with our: Customer Terms Personal Loan/Personal Line of Credit/Overdraft
More informationBE GOOD WITH YOUR MONEY
BE GOOD WITH YOUR MONEY CREATIVE FINSERVE Finance Investment Realty About Us Established in 2006, in Borivali (West) a hustling suburb of Mumbai, India, Creative Finserve is a one stop shop for financial
More informationMost Important Terms and Conditions ( MITC) ( For individual housing loan)
Most Important Terms and Conditions ( MITC) ( For individual housing loan) Major Terms and Conditions of the housing loan agreed to between ( the borrower) and Can Fin Homes Ltd ( CFHL) are as under :
More informationThe Tamilnadu Industrial Investment Corporation Limited, 692, Anna Salai, Nandanam, Chennai 600 0035. FREQUENTLY ASKED QUESTIONS (FAQs)
The Tamilnadu Industrial Investment Corporation Limited, 692, Anna Salai, Nandanam, Chennai 600 0035. FREQUENTLY ASKED QUESTIONS (FAQs) 1. Does TIIC help in the preparation of project reports for new entrepreneurs?
More informationHow To Pay Off A Personal Loan From Hsbc
Most Important Terms and Conditions for Personal Loan Key things you should know The maximum loan amount that can be availed of under this offer is `15 lakh. Select customers may be eligible for loans
More informationCOMMERCIAL MORTGAGE LOAN APPLICATION FORM
COMMERCIAL MORTGAGE LOAN APPLICATION FORM CORPORATE BORROWER Company Name: A.C.N. Registered Principal Activity: Name of Trust (if applicable) Postcode: of Incorporation: PERSONAL PARTICULARS OF ALL DIRECTORS/SHAREHOLDERS/BENEFICIARIES
More information2. 3. (Signature) Borrower / Guarantor. *strike out whichever is not applicable
Draft format of confirmation to be obtained from NRI borrower/guarantor confirming the execution of loan/guarantee documents by their POA holder or confirming the deposit of title deeds by their POA holder
More informationGOVERNMENT SPONSORED PROGRAMMES
GOVERNMENT SPONSORED PROGRAMMES The Government at Centre and State are implementing Programmes for alleviating poverty, providing gainful employment to various sections of the people viz. Men, women, youth
More informationCreating imaginative spaces across India. NRI/PIO/OCI Real Estate Investment Guidelines
Creating imaginative spaces across India NRI/PIO/OCI Real Estate Investment Guidelines C O N T E N T S NRI/PIO/OCI Definition and general guidelines 04 Documents required for buying property 06 Tax on
More informationRBL Bank Limited. (Formerly: The Ratnakar Bank Limited) Deposit Policy
RBL Bank Limited (Formerly: The Ratnakar Bank Limited) Deposit Policy 1. Preamble One of the important functions of the Bank is to accept deposits from the public for the purpose of lending. In fact, depositors
More informationAIB Mortgages Helping you move home. Tracker Interest Rate Retention and Negative Equity Mover Brochure. Guiding you through your next move.
AIB Mortgages Helping you move home. Tracker Interest Rate Retention and Negative Equity Mover Brochure. Guiding you through your next move. Contents 01 Introduction Tracker Interest Rate Retention Negative
More informationResponse to Queries / Suggestions received on Credit Linked Subsidy Scheme (CLSS) under Housing for All (Urban) Pradhan Mantri Awas Yojana
Response to Queries / Suggestions received on Credit Linked Subsidy Scheme (CLSS) under Housing for All (Urban) Pradhan Mantri Awas Yojana Sl. Suggestion / Query Response 1 Organisations such as the National
More informationSERVICE CHARGES AND FEES
SERVICE CHARGES AND FEES CASH HANDLING CHARGES: limit (per month) Savings account schemes* First five cash remittance Upto 5 Lakh 25 times the actual AMB of previous month The free limit per month will
More informationReverse Mortgage Presented by Ian MacGillivray, NMLS #638502 American Capital Corporation, NMLS #264422 Phone: 505-690-1089 Website:
Reverse Mortgage American Capital Corporation, Phone: 505-690-1089 Website: http://mortgagepartners-santafe.com Contents I. What Is a Reverse Mortgage? II. Benefits and Typical Uses III. Is the Home at
More informationLOAN AGAINST PROPERTY PRODUCT, POLICY SNAPSHOT
IndoStar Capital Finance Limited LOAN AGAINST PROPERTY PRODUCT, POLICY SNAPSHOT About IndoStar Capital Finance Limited IndoStar Capital Finance Limited ( IndoStar or the Company ), an NBFC is registered
More informationINDIAN BANKS: SENIOR CITIZEN BENEFITS & SCHEMES
INDIAN BANKS: SENIOR CITIZEN BENEFITS & SCHEMES Union Bank of India: Interest Rate Benefit in Term Deposits to Senior Citizens (Source of Information: www.unionbankofindia.co.in/personal_benifit_senior_citizen.aspx,
More informationFrequently Asked Questions - Car Loan
Frequently Asked Questions - Car Loan October 2013 2 Application Who is eligible to apply for an HSBC Car Loan? Individuals aged between 18 to 65 years old (loan to terminate at 65 years) with a minimum
More informationThe Reverse Mortgage A FINANCIAL SOLUTION TO ELDERS. By Nandhavanam www.icaremylife.com
The Reverse Mortgage A FINANCIAL SOLUTION TO ELDERS By Nandhavanam www.icaremylife.com Concept of Reverse Mortgage During the earning period an individual s major earnings goes towards housing loan repayment.
More informationScholar Loan Application Form APPLICATION CUM APPRAISAL FORM FOR EDUCATION LOAN(SCHOLAR LOAN SCHEME)
State Bank of India I.I.T. Powai Branch Scholar Loan Application Form APPLICATION CUM APPRAISAL FORM FOR EDUCATION LOAN(SCHOLAR LOAN SCHEME) (PLEASE COMPLETE ALL PARTICULARS IN BLOCK LETTERS AND TICK BOXES
More informationWhat does it mean? A Glossary of terms. Home Ownership Fact Sheet. Housing Programs Department of Housing and Public Works
Home Ownership Fact Sheet What does it mean? A Glossary of terms There are many words that are specific to property buyers, sellers and lenders. This list is designed to explain some of these words which
More informationTata AIA Life Insurance MahaLife Supreme
Tata AIA Life Insurance MahaLife Supreme Tata AIA Life Insurance MahaLife Supreme Endowment Assurance Plan Time never stands still and neither do our financial needs. As we move through various stages
More informationNational Housing Bank REVERSE MORTGAGE LOAN (RML): OPERATIONAL GUIDELINES
REVERSE MORTGAGE LOAN (RML): OPERATIONAL GUIDELINES Introduction Senior Citizens are an increasing component of the Indian society and dependency in old age is increasing in the country. While on the one
More informationGet the facts. What every homeowner who is at least 62 years of age should know about reverse mortgage loans
Get the facts What every homeowner who is at least 62 years of age should know about reverse mortgage loans Dino Guadagnino Reverse Area Sales Manager PHL Federal Reserve Meeting December 1, 2010 1 What
More informationA STUDY ON EDUCATIONAL LOAN PROVIDED BY COMMERCIAL BANKS IN KERALA INTERVIEW SCHEDULE TO THE BENEFICIARIES
A STUDY ON EDUCATIONAL LOAN PROVIDED BY COMMERCIAL BANKS IN KERALA INTERVIEW SCHEDULE TO THE BENEFICIARIES Please mark your option as 1, 2, 3. Within the column provided Eg. 1 I Personal Profile: Identification
More informationCurrent Scenario in Education Loans in India. Minu John Research Scholar School of Management Studies CUSAT, India.
IRA-International Journal of Management & Social Sciences ISSN 2455-2267 Vol. 03 Issue 01 (April, 2016) Paper DOI: https://dx.doi.org/10.21013/jmss.v3.n1.p7 Current Scenario in Education Loans in India
More informationIREDA-NCEF REFINANCE SCHEME
IREDA-NCEF REFINANCE SCHEME REVIVAL OF THE OPERATIONS OF EXISTING BIOMASS POWER & SMALL HYDRO POWER PROJECTS AFFECTED DUE TO UNFORSEEN CIRCUMSTANCES SUPPORTED BY THE NATIONAL CLEAN ENERGY FUND IREDA NCEF
More informationHOME LOAN APPLICATION FORM
Serial No. HOME LOAN APPLICATION FORM Please fill in the form in CAPITAL/BLOCK letters and tick the boxes wherever applicable. If applicant is an existing customer of Deutsche Bank AG, please quote the
More informationRecent Photograph of Applicant
For office use only Branch: _ Reference no.: _ Received on: _/_/_ APPLICATION FORM for HOME LOAN Recent Photograph of Applicant Recent Photograph of Co-Applicant Personal Details Information Applicant
More informationSERVICE CHARGES PERTAINING TO LOANS AND ADVANCES
1. LETTER OF CREDIT 1.1 Usance Charges 1.1.1 For bills up to 7 days sight `200.00 Plus 0.25% of the LC amount subject to minimum of `750.00 per LC 1.1.2 For bills over 7 days and up to 3 months sight `200.00
More informationSTATE BANK OF INDIA BRANCH. Interview Form For Loans above Rs.25,000/- (To be submitted to the Sanctioning Authority along with the Application Form)
Annexure-SBF/3 STATE BANK OF INDIA BRANCH SMALL BUSINESS FINANCE Interview Form For Loans above 25,000/- (To be submitted to the Sanctioning Authority along with the Application Form) To be used for :
More informationPass on your legacy not your liabilities.
Pass on your legacy not your liabilities. SUD Life LOAN SURAKSHA PLAN A Single Premium Group Credit Life Insurance Plan UIN-142N037V01 SUD LIFE LOAN SURAKSHA PLAN A SINGLE PREMIUM GROUP CREDIT LIFE INSURANCE
More informationAPPLICATION FORM For availing Working Capital Loan by Cooperative Banks (For Agricultural Credit)
APPLICATION FORM For availing Working Capital by Cooperative Banks (For cultural Credit) र ष ट र य सहक र व क स न गम NATIONAL COOPERATIVE DEVELOPMENT CORPORATION (Industrial and Service Cooperatives Division)
More informationCredit Risk. Loss on default = D x E x (1-R) Where D is default percentage, E is exposure value and R is recovery rate.
Credit Risk Bank operations involve sanctioning of loans and advances to customers for variety of purposes. These loans may be business loans for short or long term commitments and consumer finance for
More informationEconomic empowerment through concessional finance and micro-credit facilities for socio-economically marginalized sections
Section 6 Programmes and Schemes Economic empowerment through concessional finance and micro-credit facilities for socio-economically marginalized sections Finance - approachable, available and affordable
More informationonsum r s ui to v rs ort s
onsum r s ui to v rs ort s Access Cash for Living Expenses r s o l ik om Home Mortgage Bank Prince s Court, Ground Floor Corner Keate & Pembroke Streets Port of Spain,Trinidad,W.I. Tel.(868)625-4972,627-4695
More informationWELCOME TO STATE BANK OF INDIA NATIONAL INSTITUTE OF TECHNOLOGY (NIT) THIRUCHIRAPALLI 620015 DEAR STUDENTS OF NIT,
WELCOME TO STATE BANK OF INDIA NATIONAL INSTITUTE OF TECHNOLOGY (NIT) THIRUCHIRAPALLI 620015 DEAR STUDENTS OF NIT, We are pleased to inform you that STATE BANK OF INDIA, NIT BRANCH, will sanction SBI SCHOLAR
More informationLOANS. This Document would assist the reader in understanding the Requirements for Loans under Companies Act, 2013. CA.
LOANS This Document would assist the reader in understanding the Requirements for Loans under Companies Act, 2013 CA. Pramod Jain _ 31st August 2015 B. Com (H), FCA, FCS, FCMA, LL.B. DISA, MIMA CONTENTS
More informationPRODUCT DISCLOSURE SHEET
PRODUCT DISCLOSURE SHEET (Read this Product Disclosure Sheet before you decide to take out the Maybank Mortgage of Product. Be sure to also read the general terms and conditions.) Product: MaxiHome Financing
More informationPut your home to work for you
Put your home to work for you Sara A. Cornwall 2507 Post Road, Southport CT 06890 Phone: 203-319-5014 Email: Sara.Cornwall@WellsFargo.com What is a reverse mortgage It s a home loan that enables you to
More informationStandard Table showing floating interest rates on (monthly compounding other than Agriculture & Export Credit) advances linked to Base Rate
SYNDICATE BANK HO: MANIPAL CO: BANGALORE INTEREST ON ADVANCES Effective on all loans and advances Standard Table showing floating interest rates on (monthly compounding other than Agriculture & Export
More informationSTATE BANK OF MYSORE
STATE BANK OF MYSORE Sl. No. Item Service Charges w.e.f 01.04.2011 1. AQB non Savings Bank Non maintenance of Minimum Balance maintenance Account charges (a) Metro/urban SB with Chq Book - SB without Chq
More informationHome Loan: New borrowers
Home Loan: New borrowers If you have been planning to buy a home from quite sometime now, this is the most appropriate time to buy one. Though the interest rates are rising, but rise may be quite steep
More informationPolicy for serving and lending to Micro, small and medium enterprises of India
Policy for serving and lending to Micro, small and medium enterprises of India 1. Background Worldwide, the micro small and medium enterprises (MSMEs) have been accepted as the engine of economic growth
More informationCREDIT FACILITY APPLICATION FORM
RETAIL BRANCHES CORPORATE EMPL DATABASE For Bank Use Only Personal Loan Business Installment Loan Educational Loan Facility Application No.: Date D D M M Y Y Y Y CREDIT FACILITY APPLICATION FORM (To be
More informationAnnexure II. A. Rate of Interest on Advances for Agricultural purposes: Existing (w.e.f 01.09.2015)
Annexure II A. Rate of Interest on Advances for Agricultural purposes: Sl. No. Size of the Limit / Loan Agricultural Jewel Loans: 01 Upto & inclusive of Rs. 2.00 lakhs 02 Over Rs. 2.00 lakhs and upto Rs.
More informationStatement of Principal Interest Rates and Service Charges For Domestic Operations
Statement of Principal Interest Rates and Service Charges For Domestic Operations Last Updated on 03 November 2015 Individuals Corporate / SME Other A INTEREST RATES 1 Deposits Savings Account 3.00% p.a.
More information