|
COMPARE : HOME LOANS |
|
|
|
|
South Indian Bank Home Loan |
|
|
Introduction |
|
The bank offers loans for purchase of Flat or House, construction of Flat for own use or House, purchasing land & constructing a House, for major repair, renovation, extension or improvement of flat or house, takeover of Housing loans from other banks & reputed housing finance companies, reimbursement of investments already made by the borrower provided the investment has taken place within one year. |
|
|
|
Highlights |
|
Interest Rate |
0% |
Loan Amount |
The margin ranges from 10-25%
|
Tenure |
Min. - 5 Yrs.
Max. - 20 Yrs.
|
|
|
Interest Rates
|
|
Tenure |
Interest Type |
Interest Rate |
Offer |
5 - 20 Yrs. |
Floating |
10.75 % |
Regular (above 30 lacs)
|
1 - 5 Yrs. |
Floating |
10.25 % |
Regular (up to 30 lakhs)
|
|
|
|
Fees & charges
Fees & charges
|
|
Processing Fee |
0.5 % |
Cheque Bouncing Charges |
50 Rs |
Late Payment Penalty |
2 % |
|
The loan processing charges may vary between 0.25 to 1.00.
penal interest -2% |
|
|
|
Security
Security |
|
|
Land and building under Equitable Mortgage |
|
|
|
|
|
Show All Home Loans
|
|
|
|
|
|