1.

Loan Against Property

These are close-ended secured loans wherein the borrower needs to follow a set payment
schedule over a stipulated period. While you need to mortgage a residential, commercial or
industrial property in order to Avail a Loan Against Property, what makes it popular is the
comparatively low rate of interest. Usually, one can expect to receive anywhere between 40
to 70% of the market value of the mortgaged property. This concept is known as Loan to
Value or LTV.
This type of loan is taken for the purpose of expansion of business, purchase of new
machinery, purchase of property, home renovation, and personal expenses such as education,
marriage, and others.

2. Home Loan
Buying a residential property is one of the biggest investments in life. This requires access to
large amount of funds. Moreover, these loans are accompanied by attractive interest rates and
flexible repayment periods which make them a better decision as compared to the investment
of one’s entire savings on building/purchasing the house.
A Home Loan is usually taken in order to –

 Buy a residential property currently under construction

 Purchase a ready-made residential property
 Buy a plot in a private development
 Constructa new property to be used for residential purposes
 Purchase a plot with the aim of construction of a house

Comparison of Home Loan Interest Rates of SBI, HDFC Bank, ICICI Bank

Compare SBI, HDFC and ICICI Home Loan

Bank’s Name SBI HDFC ICICI
Interest Rate 8.40% onwards 8.60% onwards 9.05% onwards
Loan Tenure Upto 30 years Upto 30 years Upto 30 years
Max amount depends on
Loan Amount Upto 10 Crore applicant profile and other Upto 10 Crore
factors
0.5% of loan amount or Rs
0.5-1% of the loan
Processing Charge Upto 1% p.a. 3,000 whichever is higher +
amount
GST
 Cheque Bounce
Rs. 500 per instance Rs. 200 per instance Rs. 500 per instance
Charge
Cheque Instrument
Rs. 500 per instance Rs. 200 per instance
Swap Charges
Prepayment and Nil if floating, up to 2%
Nil Nil
Foreclosure Charges for fixed rate

3. Business Loans
For a business to grow and sustain, it is imperative that it enjoys a consistent inflow of funds.
While these funds help meet the day-to-day requirements of the business, there are times
when investments pertaining to expansion of business or purchase of new assets needs to be
made. Funds for such investments can usually be borrowed from a lending institution, in the
form of a Business Loan.
This is an unsecured loan which can be taken by a self-employed professional or a business
owner. This loan type varies from a minimum of 3 Lakhs to a maximum of 1 Crore, while the
tenure of repayment may range from 1-5 years, depending on the terms and conditions of the
loan.
There are essentially three types of Business Loans:

1. Term Loans – Meant for business expansion, capital infusion or acquisition of long-term
fixed assets including land, building or machinery.
2. Special Business Loan for Women Entrepreneurs – Low-interest loans meant for
female entrepreneurs with more than 50% ownership in the business.
3. Working Capital Loans – Meant to meet the operating expenses of a business.

4. Personal Loans
As the name suggests, this loan is used for personal purposes such as repayment of debts,
celebrating a festival, wedding expenses, taking a vacation, buying electronics, home
renovation, unexpected medical expenses, and so forth.
Typically, unsecured in nature, Personal Loans are offered on the credibility of the borrowers,
along with their capacity to repay the amount. The amount that can be procured through this
loan varies from a minimum of 50,000 to a maximum of 50 Lakhs, while the tenure of
repayment may range from 24 months to 60 months. Since this loan does not require any
collateral as security, the rate of interest is usually high.

5. Credit Cards
Contrary to popular opinion, even Credit Cards constitute a loan. Unsecured and open-ended
in nature, a Credit Card allows the borrower to take anywhere between a small amount of
money, up to the credit limit, and repay the same in a stipulated period.
While this loan has a comparatively higher rate of interest than other loans, the sheer
flexibility that it offers ensures great value for money. Right from paying for a meal at a
restaurant to enjoying a vacation, from buying a refrigerator to paying the children’s school
fee, Credit Cards can be used for a wide variety of purposes!
6. Agriculture Loan
Agriculture is the backbone of Indian economy and it definitely comes as no surprise to see
financial institutions offer monetary aid to farmers all across the country. Agricultural loans
are available for different kinds of farming-related activities.
Types of Agricultural Loans in India
 One can avail a loan for the following activities related to agriculture:
 Running day to day operations
 Buying farm machineries such as tractors, harvesters, et cetera
 Purchasing land
 Storage purposes
 Product marketing loans
 Expansion
Moreover, these financial aids can be offered in form of grants and subsidies too, which are
usually meant to protect the farmer in an event of crop damage or loss of crops.
Agricultural loans in India are not only offered to farmers working towards the cultivation of
food crops, but they are available to anyone who is engaged in other agriculture-related
sectors like horticulture, aquaculture, animal husbandry, silk farming, apiculture and
floriculture.

Other Similar Types of Agricultural Loan Schemes

 Dairy Entrepreneurship Development Scheme: This scheme is meant to promote the
dairy sector, specifically by setting up modernized dairy farms, promoting calf rearing,
provide infrastructure, upgrading logistical operations to improve the product on a
commercial scale, and generate self-employment.
 Rural Godowns: The main objective of this scheme is to help farmers throughout the
country by providing them with godowns. This will, in turn, improve their holding
capacity drastically and as a result, they will be able to sell their produce at fair rates,
rather than selling them under distress. In addition to this, with a nationalized warehouse
system in place, the marketing of agricultural produce becomes simpler.
 Loan Against Warehouse Receipts: Warehouse receipt financing serves as a foolproof
way to prevent distress sales. When a farmer needs funds, post-harvest, all he has to do is
store his produce in a Warehousing Development and Regulatory Authority (WDRA)
accredited warehouse, which in turn issues him a receipt. This warehouse receipt
mentions important details like quality and quantity of the produce, and can be used to get
credit from banks, up to 70 percent of the collateral value.
 Solar Schemes: These schemes were implemented in order to reduce dependence on grid
power by promoting the use of solar equipment. The idea here is to replace diesel pumps
 with solar ones, considering that they have low operating costs and are environment-
friendly.

7 Small Business Loans you should know about:

The government of India has partnered with financial bodies to make credit availability easy
for SMEs in the country. If you are planning on starting something of your own and require
money, you can consider one of these small business loans schemes offered by the
government of India.

1. The Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGS)

The credit guarantee fund scheme is run by the government of India in collaboration with
SIDBI (Small Industries Development Bank of India) to give unsecured loans to businesses.
You can borrow up to Rs.100 Lakh in term loans or working capital loans as per your
eligibility and feasibility.

2. The MUDRA Loan Scheme

MUDRA stands for Micro Units Development and Refinance Agency Ltd. It is an agency
launched by the government of India to facilitate corporate term loans to entrepreneurs. Take
a look at the Mudra Loan Scheme features in this table below:

3. Stand Up India Scheme

The Stand-Up India scheme is a special scheme started by the government of India to
financially empower SC/ST and women entrepreneurs. You can borrow between Rs. 10 lakh
and Rs. 1 CR to start a manufacturing, trading or service unit, which is to be repaid in 7
years.

https://www.instamojo.com/blog/best-small-business-loans-offered-government-india/
Survey of banking Employees and Manger, Customers in KIOSH
BANK (SBI)
1. loans product offered by them?
So Basically, agriculture loan is preferred in SBI Kiosh bank as Famers easily grant loan with
less formalities, with less documents.
2 popular loan?
Krishi Loan is most popular in Agriculture loans with less amount of interest.
3. Highest Rate of loan?
Basically, interest rate is not higher of agriculture loans. Its 2 to 3 percentage.
4 Are Customer get Satisfied services from Kiosh bank?
Customer basically get good services customer rated services out of 10 (the average is 8)
5. Does Employees and manger help the customer to resolved the problem?
Yes, Employees and Manger are helpful to resolved the query.
6. Does customer know how use entry machine and ATM?
Basically, Average Customer know how use ATM but entry machine does not.