|Banks||up to 30 lacs||30-75 lacs||75 & above||Processing fees|
1%+ service Tax
||12% to 13%||12% to 13%||12% to 13%||1%|
||12.05%||12.05%||12.05%||1% + service tax|
||15.5%||15.5%||15.5%||1% of the loan amount|
A dream come true! An ALL PURPOSE LOAN for anything that life throws up at you!! Do you need funds for a Marriage ceremony, want to take your family to a well-deserved holiday or for a sudden medical emergency? you have some property, but would rather not sell it? Then why not avail of this ALL PURPOSE LOAN from SBI? SBI now makes it very much possible for you to only keep your property but also have liquid funds.
Interest Rates charged by State Bank of India for Loan Against Property:
ALL INTEREST RATES ARE SUBJECT TO CHANGE, WITHOUT NOTICE.
Eligibility: You are eligible if you are:
A. An individual who is;
Processing Fees - 2% of the loan amount [inclusive of the service tax]. Max of Rs. 50,000/-
2 times the net annual income of others (income as per latest IT return less taxes payable)