Professional Documents
Culture Documents
Approved Legally Cleared Projects.H.L.sbi - Nov.17 (MCLR 7.95%) Check List
Approved Legally Cleared Projects.H.L.sbi - Nov.17 (MCLR 7.95%) Check List
3. i. Passport.
ii.PAN Card
iii.Company ID. –All the 3.
/
4. Residence Proof
i.Passport(having the same address)
ii.Telephone/Electricity.
iii.Letter from Employer..- Any one of the above.
5 .i.Employment Letter.
ii.Copy of offer letter.
iii.Salary Slips,for last 3 months .
iv)Previous jobs service letters.
6.Form.16 and Copy of IT Returns for the last two financial years .
8.SBI Savings A/C Number.(If not having -please open one in the branch near to you)
9.Copies of Assets like, existing immovable property/ies, investments like Demat account copy of Shares/MFs,
Insurance policies,FDs if any etc.
Loan Eligibility:
Upto 75 lakhs loan- 80% of the cost (Excluding Registration amount) or Valuation of property.
Above 75 lakhs loan-75% of cost and 85% of Sale value in case of outright purchase.
OR -Eligibility as per Net Monthly Income.
Loan Insurance Facility is available with SBI Life Insurance Co Ltd, in the form of Group Insurance-
RINN RAKSHA, premium of which can be added to the loan amount. Or Term Insurance in the form of
SBI Life “Smart Shield” .
Women
Type of Facility Borrower Others
/With Women % %
Term Loan upto 75 Lakhs 8.30 8.35
Term Loan Above 75 Lakhs 8.40 8.45
Max-Gain is an in-built OD facility within loan account. You are free to pay any amount to the loan account
over and above the EMI, thereby reducing the Interest burden and reduction in repayment period .You can
withdraw such additional amount if you want at any time.
Disbursement of loan:
Will be done in stages based on progress of construction-i.e, parallel funding(for flats under construction).At
every stage of release your margin as per the sanction shall be maintained.
Loan Insurance Facility is available with SBI Life Insurance Co Ltd, in the form of Group Insurance-
RINN RAKSHA, premium of which can be added to the loan amount.Or Term Insurance in the form of
SBI Life “Smart Shield” .
For assistance of any kind and to avail the loan without hampering your regular schedule, service of Home
Loan Counselor is available. Right from application till disbursement everything will be taken care of. No need
to make frequent visits.
Contact :
N.Sudarshan, /Sagar.S.Bharadwaj Res:
Home Loan Counselors, State Bank of India, No.2256 ,22nd Cross,K.R.Road,
BANGALORE. Banashankari 2nd Stage,
9901775053/9740075053 BANGALORE-560070
sudarshan.nbhushan@gmail.com /sagar57@me.com 080.26769363