Tuesday 26 May 2015

Terms and conditions for home loan in SBI residential projects Noida

approved projects noida
If you want to live in your own space, and looking for an apartment which you can call yours, Noida will be apt for all your needs as the city offers many lucrative options open for you. The property here is comparatively cheap than other NCR cities. It has excellent connectivity to Delhi through Delhi metro service and various bus routes and flyways. Many housing projects in Noida are running efficiently in the city and many more are proposed but yet to hit the floor.

Now, if you don’t have enough amount to book your kingdom of dreams, so you don’t have to worry because many banks are there, which offers home loans in the city. You can take loans which are provided by many nationalized banks operating from the same area. SBI is one of the most active banks operating form the city. Great user friendly policies of the bank has attracted a lot of investor in the city.

1. The bank offers Low processing charges on new loans.

2. It provides you the package of exclusive benefits.

3. Interest rates implemented by the bank is rather low and on daily reducing balance

4. The bank doesn’t have any hidden charges.

5. The bank doesn’t have the provision of prepayment charges. It means you can pay the loan in the accordance with your availability.

6. The loan is being processed faster.

7. When you already know the USPs of loans provided to you by SBI, but there is certain terms and conditions that you need to follow.

8. You are not eligible for the loan until you are following certain such as a

9. Your age shouldn’t less than 18 years and should not exceed 70 years.

10. You must be a salaried employ or in case you are a self-employed your income should be consistent and regular.

11. You must be earning more than minimum income requirement for the loan.

11. The project in which you are going to invest must be in the approval list of SBI.

To avoid any inconvenience always go with the SBI approved projects which have been approved by. The policy on home loan by SBI is completely transparent and help you to optimally availing the facilities of the loan. This bank has over 15 thousands branches countrywide. It’s easy to avail loan from the bank’ nearest and proposed residence. So you need not to worry about