Scribd
Upload
23 views18 pages

Interest Rates for Various Loans

The document lists interest rates for various bank and financial institutions ranging from 10.25% to 11.75%. It provides details on fixed vs floating rates, loan terms of 10-25 years, processing fees ranging from 0.5-2% of loan amount, and eligibility criteria of 35-50% of gross income or 60-85% of property value for most institutions.

Uploaded by

Pavit Pandher
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
23 views18 pages

Interest Rates for Various Loans

The document lists interest rates for various bank and financial institutions ranging from 10.25% to 11.75%. It provides details on fixed vs floating rates, loan terms of 10-25 years, processing fees ranging from 0.5-2% of loan amount, and eligibility criteria of 35-50% of gross income or 60-85% of property value for most institutions.

Uploaded by

Pavit Pandher
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Bank/ Financial Rate Of Institutions Interest 10.25%, HDFC 11.0%, Floating 10.25%, 11.00%, Floating 11.25% & 11.

75%

ICICI Bank

IndusInd Bank

PNB

10.50%, Floating

India Bulls

10.25%, 11.00%, Floating

Deutsche Bank

10.25%

IDBI Bank

11.25%

SBI

10.50%, 11.25%, Floating

Fixed/ Floating Fixed till 2012, 2013, thereafter Floating Fixed till 2012, 2013, thereafter Floating

RPLR/ Base Loan Rate Term RPLR 20 Years

Base Rate + Margin (1.75%) Base Rate + Margin

20 Years

Floating

10 Years

Fixed for 3 Years, Floating

Base Rate + Margin

25 Years

Fixed till 2011, 2012, thereafter Floating

RPLR

20 Years

Floating

Base Rate + Margin

20 Years

Floating

Base Rate + Margin

20 Years

Fixed for 3 Years, Floating

Base Rate + Margin

25 Years

Pre-Payment Options Upto 25% till three year (only after 6 months) Amount o/s can be paid anytime other than 12 months EMI -

PrePayment Charges 2% + Service Tax 2% + Service Tax 2% + Service Tax

Upto 20%

nil

Upto 25% till three year (only after 6 months) Upto 25% till three year (only after 6 months)

2% + Service Tax 2% + Service Tax

After 6 months EMI, can be paid nil upto Balance o/s

Prepayment penalty is recovered only if the loan is pre- nil closed before half of the original tenure

Processing Fees Conversion Charges `10,000 or 0.5% + Service Tax (Whichever is Less) `2,000 or 0.50% - 1.00%% of Loan Amount (Whichever is Higher) `10,000 or 0.5% + Service Tax (Whichever is maximum) 1.75%

1.75%

Loan < `15 Lakhs0.75% Loan > `15 Lakhs- 0.5% of Loan Amount Loan < `20 Lakhs- 5,515 Loan > `20 Lakhs 0.5% of Loan Amount

2.00%

`2,000 + Service Tax

`10,000 + Service Tax

1% of the Loan Amount

Nil

`10,000 or 0.5% + Service Tax (Whichever is Less)

Time to T/f Tittle Eligibility Both Income 7-10 Based & Days Regestered P t V l 25 Days Income Based

20 Days Income Based

Regestered 15 Days Property Value

15 Days Income Based

20 Days Income Based Both Income Based & 2 Days Regestered Property Value

15- 20 Days

Both Income Based & Regestered Property Value

Eligibility Criteria 35% to 50% of Gross Income or 75-80% of Property 35% to 50% of Gross Income

35% to 50% of Gross Income

60% to 65% of Property Value

35% to 50% of Gross Income

35% to 50% of Gross Income

35% to 50% of Gross Income

35% to 50% of Gross Income or 80-85% of Property

You might also like