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    This document outlines the home financing programs, terms and conditions, mark-up rates, fees and charges for loans from ABN AMRO Home Finance. It provides details on four financing programs for home buyers, builders, those taking loans against existing homes or re-financing. Key terms include loan amounts up to Rs. 30 million for buyers/builders and Rs. 7.5 million for home loans. Interest rates range from 13-13.5% depending on loan amount. Various fees and penalties are also outlined. Professions deemed "negative" that may not qualify for loans are listed. The referral process involves customers applying at a branch who will forward leads to the product manager.

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    This document outlines the home financing programs, terms and conditions, mark-up rates, fees and charges for loans from ABN AMRO Home Finance. It provides details on four financing programs for home buyers, builders, those taking loans against existing homes or re-financing. Key terms include loan amounts up to Rs. 30 million for buyers/builders and Rs. 7.5 million for home loans. Interest rates range from 13-13.5% depending on loan amount. Various fees and penalties are also outlined. Professions deemed "negative" that may not qualify for loans are listed. The referral process involves customers applying at a branch who will forward leads to the product manager.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as ppt, pdf, or txt
    4 views8 pages

    Product Training Presentation

    Uploaded by

    khenry_hims6997
    This document outlines the home financing programs, terms and conditions, mark-up rates, fees and charges for loans from ABN AMRO Home Finance. It provides details on four financing programs for home buyers, builders, those taking loans against existing homes or re-financing. Key terms include loan amounts up to Rs. 30 million for buyers/builders and Rs. 7.5 million for home loans. Interest rates range from 13-13.5% depending on loan amount. Various fees and penalties are also outlined. Professions deemed "negative" that may not qualify for loans are listed. The referral process involves customers applying at a branch who will forward leads to the product manager.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as ppt, pdf, or txt
    of 8

    ABN AMRO Home Finance

    Financing Programs
    Home Buyer
    Buying a constructed property

    Home Builder
    Construction of new property

    Home Lender
    Taking a loan against your present home

    Home Re-Finance
    Switch your existing home loan to ABN AMRO Bank

    Terms & Conditions


    Loan Amount Loan Tenure Rs. 500,000/- up to Rs. 30,000,000/- for Buyer & Builder Rs. 7,500,000/- for Home Lender 3 years 20 years 15 years for Home Lender

    Loan to Value (LTV)

    80% LTV Salaried (A & B) & SEP


    70% LTV Salaried (Others), BB & SEB. (65% where loan amount is Rs. 15mm) (60% where loan amount is Rs. 20mm) 50% for Home Lender

    Minimum Income Debt Burden Mode of income calculation Primary Borrower Age Limit Co-borrowers Age Limit Years in Employment Proof Years in Business Proof

    Rs. 20,000/50% B/S, I.E, and Salary Slip 25 years 65 years SEP/SEB

    60 years for salaried individuals


    21 years 70 years upon loan maturity 2 years 3 years

    Mark-Up Rates
    Up to Rs. 4,999,999 Rs. 5,000,000 Rs. 9,999,999 Rs. 10,000,000 and above 13.50% 13.25% 13.00%

    Processing Fees & other charges


    Processing Charges loan amount <2mm Rs. 10,500/-

    Processing Charges loan amount >2mm Rs. 12,500/(this include the processing, legal and appraisal charges)

    Pre-Payment Penalties
    First year penalty amount for partial / payoff Second year and third year for partial / payoff Third year and onwards 6% 4% 3%

    Late payment charges are Rs.1,000 or 20% of the installment amount, whichever is higher. Property Insurance charges are 0.05% which are deducted on yearly basis.

    Balloon Payments equal to at least 3 installments are allowed once in 6 months without any penalty.

    Negative Professions
    Politicians Agriculturists Journalists Law Enforcement Agencies

    Contractors (except those with structured office setup and known projects) Commission Agents Transporters Rent a Car Media men (except those with no direct control of content of media material) Lawyers (except those working for well-reputed firms) Money Changers Builders

    Referral Process
    Step 1

    Customer visits branch and is interested in availing Home Loan.

    Step 2 The branch manager will forward the lead to Afaq Qazi Product Manager Secured Assets. Afaq email address is: AFAQ.QAZI@ABNAMRO.COM

    Step 3 The Product Manager will forward the referral to National Sales Manager Home Finance and will also update the branch manager that referral has been forwarded to the concerned stakeholder.

    Thank You!

    Question & Discussions

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