Fixed and Floating Rate Home Loan
Any Housing Purpose
First 3, 4 or 5 years (at customers option) at fixed interest rate of 12.50% p.a. and floating interest rate of SBM PLR + 1% p.a. thereafter
Minimum amount Rs100,000/-
Up to 100% financing for house construction, extension and renovation and Up to 80% financing for acquisition of land, house or apartment
Up to 20 years for repayment [including Fixed Rate repayment period]
Decreasing Life Insurance Cover [under Master Policy]
Terms and Conditions apply
Fixed Rate Personal Loan Without Security
Any personal purpose
Fixed interest rate of 15.75% p.a. applicable over the whole tenure of the loan
No security for credit up to Rs500,000/-
Up to 5 years for repayment
Decreasing Life Insurance Cover [Master Policy]
Terms and Conditions apply |