|
|
|
|
|
 |
|
Personal Banking- ADVANCES |
|
Deposits |
Advances |
|
.......................................................................................................................................... |
|
Sbbj Home Loan |
Sbbj Realty |
Housing Loan For Rajasthan Govt. Employees |
Housing
Loan Scheme For Nris |
Earnest Money Deposit Scheme For Purchase Of Land/House
Sbbj Car Loan
Scheme |
Vishesh Vahan Yojna For Rajasthan Govt. Employees |
Sbbj
Education Loan Scheme |
Sbbj
Mortgage Loan Scheme |
Sbbj Personal Loan Scheme
Sbbj Two Wheeler Loan
Scheme |
Sbbj Rent Plus
Scheme |
Advance Against Rbi Relief Bonds |
Sbbj Gold Loan
Scheme |
Processing Charges On Various Personal Segment Loan Schemes
| Emi Chart
|
Flexi Home
Loans |
Maxgain Home Loan |
|
...................................................................................................................................................................................... |
SBBJ
REALTY
A
unique product if you are on the look out for a loan
to purchase a plot of land for house construction.
The loan is available for a maximum amount of Rs.20
lacs* and with a comfortable repayment period of
upto 15 years.
You are also eligible to avail another Housing Loan
for construction of house on the plot financed above
with the benefit of running both the loans
concurrently.
(House should be constructed within 5 years from the
date of availment of ‘SBBJ-Realty’ Housing Loan)
(Other terms and conditions – as applicable to
regular Home Loans)
(* Relaxation considered on case to case basis)
|
HOUSING LOAN FOR
RAJASTHAN GOVT. EMPLOYEES
- A tailor
made product for Regular employees of State Govt.
having minimum service of 2 years and upto the age
of 55 years.
- Loan can
be granted at the branch where the employee is
posted or at the branch where the house is situated
- Loan
amount up to 60 times of gross monthly income
subject to total deduction including proposed EMI is
restricted to 60% (voluntary saving excluded) Income
of spouse cannot be clubbed
- Margin :
15% 20% for the plot (15% if land is allotted by
development authorities)
- Rate of
Interest : Floating Fixed (for 10 years with 2 year
reset) 8.50% p.a. 8.75%p.a.
- Repayment
: Maximum 20 years or upto the remaining length of
service
- Security
: Mortgage/Equitable mortgage of the property
proposed to be purchased/constructed/improved
-
Processing Fee : Nil
- Documents
: Application duly forwarded from the DDO Other
documents same as for SBBJ Home Loan
|
HOUSING LOAN SCHEME
FOR NRIs
The scheme covers both Non-Resident Indians (NRIs) as
well as Persons of Indian Origin (PIOs) and is similar
to the Bank's normal Housing Loan Scheme except in
respect of a few features
|
Eligibility Criteria |
Individual (s) over 21 years of age with a steady
source of income, who are: -
- Non-Resident Indian holding valid Indian
Passport. OR
- Persons of Indian origin (PIO), (A citizen
of any country other than Bangladesh, Pakistan,
Afghanistan, Bhutan, Sri Lanka or Nepal and) who
(a) Held at any time an Indian Passport
or (b) He or either his parents or any of
its grand parents was a citizen of India by
virtue of the constitution of India or the
Citizenship Act 1955.
- Persons should have been employed abroad for
a minimum period of 2 years holding a valid job
contract/work permit or be self-employed
professional with a minimum net monthly income
of US $ 500 (in any currency) for which a salary
certificate/income statement duly attested from
Indian Consulate / Embassy / SBI foreign office
(including representative office) should be
taken. Wherever attestation is not feasible, the
salary/income certificate should be submitted
duly notarized.
|
|
Proof of
income |
Any of the
following can be taken as proof of income in the
case of NRIs/PIOs 1. Salary certificate
2. Average remittance (during the last 12 months)
to NRE/FCNR/NRO account and SB account of spouse
or parent.
3. Branch Manager certificate based on market
enquires/ personal knowledge of applicant's
background. |
|
Mode of
Disbursement |
Direct
disbursement to seller of house/flat where
building is ready for possession. For
constructions/ renovation/ extension of house/
flat disbursement in phases linked to progress
of the project. Disbursements from loan account
should be done at the written requests of the
borrower only. Loan amount shall not be
credited to NRE/ FCNR account of the applicant. |
|
Margin |
The margin
should be paid by an NRI borrower by way of
foreign inward remittance through normal banking
channels or out of his/her NRE/FCNR/NRO accounts
in India. This should be received in advance
before disbursal of loan. |
|
Repayment |
If the
house/flat is rented out, and the rental income
is more than prescribed instalments, the excess
income can be utilised towards payment of local
taxes/ insurance premium, etc. connected with
the immovable property. If the rental income is
less than the prescribed instalments, the
borrower should remit the amount to the extent
of the shortfall from abroad or pay the
difference out of his/her NRE/FCNR/NRO account
in India. |
|
Other
Instructions |
- The loan will not be granted for purchase of
land only.
- Loans should be granted for acquisition of
only one house/flat for self-occupation by the
non-resident borrower on his return to India and
not for any other purposes
- The cost of construction of building shall
not be less than 50% of the total cost.
- The borrower should meet cost of escalation.
An undertaking to be obtained from him to the
effect before disbursing the loan.
- NRI must have accounts with the branch and
should agree to confine all his banking
transactions with the branch.
|
|
EARNEST MONEY DEPOSIT
SCHEME FOR PURCHASE OF LAND/HOUSE
|
Purpose |
To
finance applicants for earnest money for booking
of residential plots/built-up houses being sold by
Government Housing Agencies like Housing boards
and Urban Development Authorities. |
|
Eligibility |
Individuals above 21 years of age with a steady
source of income. |
|
Minimum income |
No
minimum income criteria is stipulated. |
|
Margin |
Minimum
10% |
|
Loan
Amount |
Least of the following
- 90% of application money
- 15 times NMI. Incomes of
all the applicants may be taken into account if
application is in joint names.
- Rs.3, 50,000/-
|
|
Rate
of interest |
1.50%
below BPLR, min. 9.75% p.a. on monthly compounding
basis |
|
Security |
-
Third party guarantee good for the loan amount.
- In
case third party guarantee is not available
tangible security to the extent of 100% of the
loan amount should be taken.
On
all applications it must be prominently mentioned
under proper authentication that in case of
non-allotment the refund be sent to the Bank to
adjust the loan account |
|
Disbursement |
-
B/C favouring Government Agency. The draft / B/C
should also bear application number of the
borrower.
-
The application should mention a/c number. of
the borrower with our bank for credit of refund
in case of non - allotment.B
|
|
Repayment |
- In
case of unsuccessful applicants - on receipt of
refund from the housing board / UDA
- In
case of successful applicants -lump sum
repayment of loan, which may also be repaid from
the proceeds of Housing Loan if availed for
purchase of the house / plot allotted.
-
Maximum tenure not to exceed 12 months
from date of disbursement
- No
penalty for prepayment.
|
|
Processing Fee |
0.60% of
the loan amount + service Tax Minimum Rs.110/- |
|
Papers |
-
Application form
-
Proof of Identity / Proof of residence / Proof
of income
|
|
Authorised branches |
-
All branches are authorized to grant housing
loans.
|
|
|
|
|
|
|
|
 |
|
