SBI Home Loans

     Contact Srinivas. Ph:9030108575

WELCOME to SBI Home Loans

"THE MOST PREFERRED HOME LOAN PROVIDER" voted in AWAAZ Consumer Awards along with the MOST PREFERRED BANK AWARD in a survey conducted by TV 18 in association with AC Nielsen-ORG Marg in 21 cities across India.

SBI Home Loans come to you on the solid foundation of trust and transparency built in the tradition of State Bank of India.

Best Practices followed in SBI mentioned below will tell you why it makes sense to do business with State Bank of India.

SBI Home Loans Unique Advantage

	Package of exclusive benefits.
	Low interest rates. Further, we charge interest on a daily reducing balance!!
	Low processing charges.
	No hidden costs or administrative charges.
	No prepayment penalties. Reduce your interest burden and optimally utilize your surplus funds by prepaying the loan.
	Over 13,700 branches nationwide, you can get your Home Loan account parked at a branch nearest to your present or proposed residence. FEATURES Eligibility: Minimum age: 18 years as on the date of sanction Maximum age: 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. Loan Amount: Actual loan amount will be determined taking into consideration such factors as applicant’s income and repaying capacity, age, assets and liabilities, cost of the proposed house/flat etc. To enhance loan eligibility you have option to add: 1)    Income of your spouse/ your son/ daughter living with you, provided they have a steady income and his/ her salary account is maintained with SBI. 2)    Expected rent accruals (less taxes, cess, etc.) if the house/ flat being purchased is proposed to be rented out. 3)    Depreciation, subject to some conditions. 4)    Regular income from all sources. Security: ·         Equitable mortgage of the property Margin/ LTV Ratio: Loan Amount Margin (Min.) Maximum LTV Ratio (Max.) Upto Rs. 20 Lacs 10% 90% Above Rs. 20 Lacs. 20% 80% *LTV ratio - Loan to value ratio. HOME LOANS - INTEREST RATES With effect from 04.02.2013  All Rate are floating only  (Base Rate= 9.70% p.a.) Loan Amount Linkage with Base Rate over the tenor of the loan Effective Rate Upto Rs. 30.00 lacs 0.25% above Base Rate 9.95% p.a. Above Rs. 30.00 lacs 0.40% above Base Rate 10.10% p.a. No fixed rate option in any limit bracket. REPAYMENT Repayment period: Maximum 30 years (or) Up to the age of 70 years (the age by which the loan should be fully repaid) of the borrower, whichever is early. Moratorium period (Repayment holiday): The moratorium period is included within the maximum repayment period. DOCUMENTS List of papers/ documents applicable to all applicants: ·  Completed loan application ·  3 Passport size photographs ·  Proof of identify (photo copies of Voters ID card/ Passport/ Driving licence/ IT PAN card) ·  Proof of residence (photo copies of recent Telephone Bills/ Electricity Bill/ Property tax receipt/ Passport/ Voters ID card) ·  Proof of business address for non-salaried individuals ·  Statement of Bank Account/ Pass Book for last six months ·  Signature identification from present bankers ·  Personal Assets and Liabilities statement For guarantor (wherever applicable): ·  Personal Assets and Liabilities Statement ·  2 passport size photographs ·  Proof of identification as above ·  Proof of residence as above ·  Proof of business address as above ·  Signature identification from his/her present bankers Additional documents required for salaried persons : ·  Original Salary Certificate from employer ·  TDS certificate on Form 16 or copy of IT Returns for last two financial years, duly acknowledged by IT Deptt. Additional documents required for Professionals/self- employed/ other IT assesses: ·  Acknowledged copies of three years I.T. returns/ Assessment Orders. ·  Photocopies of challans evidencing payment of Advance Income Tax. For More Details Please Contact Srinivas. Ph: 9030108575

HDFC Home Loan

Contact Srinivas. Ph:9030108575 Home Loans It is important to choose a good housing finance company which can handhold the customer right through his home buying process. Since a home loan is a long term commitment of 15-20 years, several factors like expertise, quality of service, in-depth domain knowledge and the company’s level of commitment and transparency right through, the loan procedures, the fine print, quality of services offered and safe retrieval of the title deed are critical.

How do you benefit?

HDFC Home Loan Advantages Counselling and advisory services for acquiring a property Instant Home Loan Approval Widest range of home loan products & services like Home Loans, Home Improvement Loans, Home Extension Loans, Loans to professionals for office or clinic, Home Equity Loans (Loan against Property), Short Term Bridging Loan etc. Loan from any office for purchase of home anywhere in India Loan approval even before a property is selected Flexible loan repayment options like Step Up Repayment Facility, Flexible Loan installments Plan, Tranche Based EMI, Accelerated Repayment Scheme & Telescopic Repayment Option Vast network of over 326 in India, offices in Singapore, London & Dubai and franchises in the Gulf Cooperation Council (GCC) region. Click here to find the nearest HDFC Office. Most experienced and empowered personnel to ensure smooth & easy processing Free & safe document storage Online loan application facility Features Maximum loan 80% of the cost of the property (including the cost of the land) and based on the repayment capacity of the customer. Maximum Term The maximum period of repayment of a loan shall be upto 30 years (Telescopic Repayment option) under the Adjustable Rate Home Loan product, depending upon the specific repayment scheme as may be opted (*). The maximum period of a loan shall be upto 20 years under the Fixed Rate Home Loan product. Repayment will not ordinarily extend beyond your age of retirement if you are employed or on reaching 70 years of age, whichever is earlier. However, HDFC will endeavour to determine the repayment period to suit your convenience. (*) For more information, you are requested to visit HDFC’s nearest office or Check our various repayment schemes Applicant and Co- Applicant to the loan Home Loans can be applied for either individually or jointly. Proposed owners of the property, will have to be co-applicants. However, the co-applicants need not be coowners. Adjustable Rate Home Loan Loan under Adjustable Rate is linked to HDFC's Retail Prime Lending Rate (RPLR). The rate on your loan will be revised every three months from the date of first disbursement, if there is a change in RPLR, the interest rate on your loan may change. However, the EMI on the home loan disbursed will not change*. If the interest rate increases, the interest component in an EMI will increase and the principal component will reduce resulting in an extension of term of the loan, and vice versa when the interest rate decreases. * Conditions Apply Interest Rate Wef : 6th Feb 2013 RPLR: 16.40% Loan Slabs Applicable Variable rates % ( Monthly Rest Basis ) Basis : RPLR minus Spread Upto and including Rs 30 lacs 10.15% RPLR - 6.25 Over Rs. 30 lacs 10.40% RPLR - 6.00 The above rates are subject to change without notice. TruFixed Home Loan Under this product the customer has the option to choose a Fixed Interest Rate Period (FIRP) between 3 to 10 years . Post the fixed rate period the loan will automatically convert to a variable rate product. The customer also has the option, subject to our eligibility norms to take a complete fixed rate term product for a fixed term of 3 to 10 years. Or, he can avail a long term loan of 15 to 20 years with a part fixed and part floating for the entire tenor of the loan. The full disbursement of the loan, irrespective of the fixed period chosen, shall have been availed within the first 3 years from the date of first disbursement of the loan. Post the fixed rate period the interest rates applicable on the loan shall be the then applicable HDFC RPLR minus the spread as applicable currently on the loan amount being availed under this product. The applicable interest rates in the Fixed Interest Rate Period (FIRP) are linked to sanctioned loan amount and as per details given below: Loan Slabs Interest Rates during the Fixed Interest Rate Period ( % ) Upto and including Rs 10 lacs 10.75 Rs.10.01 lacs to Rs.75 lacs 11.00 Over Rs.75 lacs 11.25 Eligibility The product is available to salaried and self-employed customers subject to file being logged in on or before April 30th, 2013 with an end date for the first disbursement on or before May 31st, 2013. Purpose Purchase of Flat, row house, bungalow from developers Existing freehold properties Properties in an existing or proposed co-operative housing society or apartment owner's association First Power of Attorney purchases in Delhi for DDA flats allotted before 1992. Refinance (balance transfer) of an existing home loan from another financial institution. Home Improvement Loans The interiors of any home reflect the personal preferences and tastes of its owners making it imperative to constantly upgrade to keep up with changing times. With HDFC's Home Improvement Loans you can now renovate your existing space for a more comfortable environment and a better quality of living. This renovation loan facilitates internal and external repairs and other structural improvements like Painting, Waterproofing and Roofing, Plumbing and Electrical Works, Tiling and Flooring, Grills, Aluminum Windows compound walls and much more. Purpose External repairs Tiling and flooring Internal and external painting Plumbing and electrical work Waterproofing and roofing Grills and aluminum windows Waterproofing on terrace Construction of underground/overhead water tank Paving of compound wall (with stone/tile/etc.) Borewell Maximum loan 80% of the cost of improvement. This is however subject to valuation of the property as assessed by HDFC. Subject to market value of the property Maximum Term 15 years subject to your retirement age Applicant and Co- Applicant to the loan Home Loans can be applied for either individually or jointly. Proposed owners of the property, will have to be co-applicants. However, the co-applicants need not be co- owners. Adjustable Rate Home Loan Loan under Adjustable Rate is linked to HDFC's Retail Prime Lending Rate (RPLR). The rate on your loan will be revised every three months from the date of first disbursement, if there is a change in RPLR, the interest rate on your loan may change. However, the EMI on the home loan disbursed will not change*. If the interest rate increases, the interest component in an EMI will increase and the principal component will reduce resulting in an extension of term of the loan, and vice versa when the interest rate decreases. * Conditions Apply Interest Rate Wef : 6th Feb 2013 RPLR: 16.40% Loan Slabs Applicable Variable rates % ( Monthly Rest Basis ) Basis : RPLR minus Spread Upto and including Rs 30 lacs 10.15% RPLR - 6.25 Over Rs. 30 lacs 10.40% RPLR - 6.00 The above rates are subject to change without notice. TruFixed Home Loan Under this product the customer has the option to choose a Fixed Interest Rate Period (FIRP) between 3 to 10 years . Post the fixed rate period the loan will automatically convert to a variable rate product. The customer also has the option, subject to our eligibility norms to take a complete fixed rate term product for a fixed term of 3 to 10 years. Or, he can avail a long term loan of upto 15 years with a part fixed and part floating for the entire tenor of the loan. The full disbursement of the loan, irrespective of the fixed period chosen, shall have been availed within the first 3 years from the date of first disbursement of the loan. Post the fixed rate period the interest rates applicable on the loan shall be the then applicable HDFC RPLR minus the spread as applicable currently on the loan amount being availed under this product. The applicable interest rates in the Fixed Interest Rate Period (FIRP) are linked to sanctioned loan amount and as per details given below: Loan Slabs Interest Rates during the Fixed Interest Rate Period( % ) Upto and including Rs 10 lacs 10.75 Rs.10.01 lacs to Rs.75 lacs 11.00 Over Rs.75 lacs 11.25 Eligibility The product is available to salaried and self-employed customers subject to file being logged in on or before April 30th, 2013 with an end date for the first disbursement on or before May 31st, 2013. For More Details Please Contact: Srinivas  Ph: 9030108575

Axis Bank Home Loans

 

Cotact: Srinivas Ph:9030108575

• Features & Benefits

Axis Bank offers affordable and flexible housing loans that can turn your dream of owning a home into reality.
If rising real estate prices have pushed the house you coveted beyond your budget, Axis Bank’s unmatched home loans will put it within reach. The attractive interest rates and minimal processing fees make our home finance products a first choice for savvy buyers. In addition, features such as flexible tenures, transparent processing and quick service have made our products stand out among the best home loans in India.
We have products to suit every budget, taste and need. Whether you are self-employed or salaried, want a floating or fixed rate, Axis Bank will offer a loan that is just right for you.

At Axis Bank, there’s more to a home loan than finance for apartments or readymade homes. Want to build a home according to your specifications and designs? Axis Bank offers loans for land purchase so that buy plots and create your dream home the way you want. We also provide home renovation loans that will help you refurbish your home without worrying about upfront costs.
The attractive interest rates on land purchase loans as well as home improvement loans, and Axis Bank’s reputation for customer service make our housing finance products a great choice for customers.

Land Loan features and benefits

• You can use the land purchase loan to buy a plot of land and to construct the house.
• You can take a land loan to build a house on a plot of land that you already own.
• The land loan can be used to buy a new house/ flat.
• Purchase an old house/ flat. To avail of the loan, the residual age of the property as confirmed by our empanelled valuators at the maturity of the loan should not be less than 10 years.
• Takeover of existing housing loans.

Home Improvement Loan features and benefits

• You can use our home improvement loans for a variety of purposes. You can utilize it to make renovations, paint the house, carry out repairs to the walls and floor etc.
• You also get the benefit of attractive interest rates on home renovation loans.

 Special Balance Transfer Scheme

AXIS BANK home Loans Presents "BT Dhamaka 2012"

A Special Balance Transfer Scheme

Limited period offer!

All you need is a clear Repayment Track record of your existing Home Loan and you can avail –

• Attractive Low Rate of Interest
• Closure at your will - ZERO Pre-Payment /Part payment charge
• Top up loan available @ Home Loan rate only
• Higher Top Up loan up-to 30% above your current loan
• Simple Process, Hassle Free Loan, faster Disbursement

Attractive ROI

Rate of Interest

• Up to Rs 30 lacs - 10.50%
• Rs 30 lacs upto Rs 75 lacs - 10.75%
• Rs 75 lacs and above - 11.00%

Features:

1. The eligibility of the Balance Transfer will be based on the seasoning and track-record of existing loan only – Minimum Clear Repayment Track Record of 18 Months is required
2. Total Loan Eligibility -
a. Maximum 1.3 times of the sanctioned amount of the existing loan for a track record of 24 months, 1.2 Times for track record of 18 months
c. Minimum margin is 25 % of the Market Value of the property for Salaried & 30% for the Self Employed customers

Exclusion:

• Plot loans
• Properties in Hyderabad, Bhubaneswar, Madurai and Greater Noida
• Facility is available for Takeover from Selected Financial Institutions

Indicative Documentation:

• Application Form
• KYC documents
• Bank statement
• Income documents
• Repayment Track record of existing Loan for 18 months & previous loan details

Salaried	Current/ Last month pay slip and 1 Month salary a/c statement showing salary credit
Self Employed	ITR of last / previous financial year

Special Processing Fees

Salaried customers

• Up to Rs 30 lacs : Rs 5000 + ST
• Above Rs 30 lacs : Rs 10,000 + ST

Self-employed customers - 0.50% + ST of the loan amount.
For detailed information, please contact the nearest ASC/ Branch of AXIS Bank Limited period offer, Loans are upon sole discretion of AXIS Bank Please read the terms and conditions carefully.

• Eligibility Criteria

Axis Bank offers loans to a variety of individuals. Home loan eligibility is determined by various factors such as income, employment status, tenure and so on. Our aim is to provide affordable housing loans to as many individuals and families as possible.

Home Loan Eligibility Criteria

A) - Salaried Individuals

• Individuals in permanent service in the Government or reputed companies meet our Home Loan eligibility criteria
• Applicants should be above 24 years of age at the time of loan commencement and up to the age of 60 or superannuation, whichever is earlier at the time of loan maturity.

B) - Professionals

• Professionals (ie, doctors, engineers, dentists, architects, chartered accountants, cost accountants, company secretary, management consultants only) can apply.
• Applicants above 24 years of age at the time of loan commencement and up to 65 years or less at the time of loan maturity meet our housing loan criteria.

C) - Self Employed Individuals

• Any individual filing income tax returns can apply
• Applicants should be above 24 years of age at the time of loan commencement and up to 65 years or less at the time of loan maturity

 For More Details Cotact: Srinivas Ph:9030108575