|
Sl.No. |
Parameter |
Scheme |
|
1. |
Name |
SBT
Aishwarya Home Loan Scheme |
|
2. |
Facility
Type |
Term Loan OD
for loans above Rs.5 lacs but upto Rs 30 lacs. |
|
3. |
Loan amount |
Maximum upto
Rs. 300 lacs for TL in urban/metro areas and Rs. 50 lacs in rural/semi urban
areas. Maximum upto
Rs. 30 lacs for OD. |
|
4. |
Offer Period |
01.07.2010
to 30.09.2010 |
|
5. |
Interest
rate |
·
Fixed at 8%
for the 1st year ·
Fixed at 9%
for the next two years for loans upto Rs.30 lacs and 9.5% for the next two
years for loans above Rs. 30 lacs ·
Interest
rate after three years will be reset to floating rate.
The rate will be 2.00% above SBT Base Rate for loans upto Rs.30 lacs and
2.50% above SBT Base Rate for loans above Rs.30lacs. Concessions
including discretionary concessions if any will be available only on interest
rate applicable after three years. |