Professional Documents
Culture Documents
BOB's Offering
Bank of Baroda
SBI
Margin
Others:
GAI < 2lacs :4 times of GAI
GAI 2lacs & above :6 times of
GAI (average of last 2 years)
Loans up to Rs 30 lacs -10%
Rate of
Interest
For Women
9.30% EMI Rs. 919 per lac
For others 9.35% EMI 922/MCLR rates-- 9.10%
Repayment
Maximum-30 years
Moratorium-Max.36 months
Other
conditions
Processing charges
0.35% for every lacs+ST or
Rs. 10000/- whichever is less.
Min. 2000/-
Compiled by:
BOI
max-500 lacs
salaried-4imes of NAI
self employed-4times of NAI
Individual-45% of monthly salary
Dr-6 times of GAI
CA-5 times of GAI
For repair/renovation - max. 50 lac
20%
PNB
For construction/purchase
of house/flat: 75% of cost
of construction/purchase.
For repair/renovation/addition/alterataion - 75% of
AXIS
Home Loans
20%
20%
HDFC
(Residents)
Max. 20 year
9.40% - 11.10%
EMI 926/- - 1030/MCL$R Rates- 9.10% - 9.65%
B RATE =9.60%.(01.10.15)
BPLR = 14.00% (01.05.12)
Up to 5 crore
9.40% (for women) EMI 926/- per
lac, 9.45% for others EMI 929/MCLR Rates- 8.95% -9.35%
Above 5 crore
9.65 (for women) EMI 942
9.70 (for others) EMI 945
Up to 20 years or up to
age of 65% whichever is
earlier
min age-25 yrs, coborrower-18yrs
max-65 yrs or age of retirement
must be employed or
self employed
Bank of Baroda
SBI
PNB
MARGIN
Salaried:
GMI < 50000/- 24 times of GMI
GMI > 50000/- < 1.50 lacs - 30 times
of GMI, GMI 1.50 lacs & above -36
times of GMI (Average of last 3 m)
Others:
4 times of GAI (average of 2 years)
Based on segment of car & Income
level - 5% to 25% On Road price
i.e Cost of vehicle +Registration +
Insurance excluding cost of
accessories.
AXIS
Auto Loans
Minimum- 1 lac
30 times of average net
Salary (For salaried P)
3 times of AQB in last
2 quarters
RATE OF INTEREST
REPAYMENT
Maximum - 84 EMI
Other:
Age- Applicant: Min 21 years Max.
Retirement age (Salaried)
and 65 years (Others)
Co-applicant - 18 years
PROCESSING &
SERVICE
CHARGES
OTHER
Processing charges**
0.50% Min.2500, maximum 10000/Prepayment charges-Nil
Application can be made
on line.
** during campaign period
(8.8.16 to 10.10.16) - 100%
waiver of processing charges
& 0.25% concession in ROI.
Base Rate=9.60% (1.7.2016)
BPLR = 13.90% (5.10.2015)
Salaried - 84 months
SE & Prof. - 60months
Age of 2nd hand vehicle
not more than 5 years
Old vehicle-Repament 84 months from date of
original purchase of vehi.
Age - 21 - 65 years
NAI - 1 lac & above
Pre-payment charges 2% on loan amt.prepaid
1-5years
1-5yrs
Processing charges
500/- + ST
Processing charges
For Individuals-Rs 500 per app
For corporates-1% of loan amt
Min.500/- Max. 10000/For Rural-75% of Individual
Documentation charges
1% of loan amount, Max.
6000/-
Processing charges
3500/- - 5500/-for new
2500/- - 5000/- for old
Prepayment charges 5-10% on principal amount
prepaid.
B RATE =9.30%(5.10.15)
B RATE = 09.70% (5.10.15)
B RATE = 9.60%(1.10.15)
BRATE =09.50%(8.4.15)
Compiled by
BPLR = 14.60%(13.4.15)
BPLR = 14.75%(1.5..12)
BPLR = 14.00%(01.05.12)
BPLR = 17.70%(8.4.15)
Dr. S.M.Mathur, CM, RO, Bha Disclaimer: Please note that the interest rates & other details are based on market research through website of service providers. Users however, advised to to recheck the same with individual Bank.
Up dated up to 31.8.16
Disclaimer: Please note that the interest rates & other details are based on market research through website of service providers. Users however, advised to to recheck the same with individual Bank.
Parameters
BOB's Offering
Bank of Baroda
Name of the Product
Key Features
Eligible amountFor studies in India -
PNB
AXIS
Education Loans
HDFC
For studies in India For studies in India For studies in India For studies in India Need based finance. Sub. To For studies in India Max. `10 lacs,
Max. `10 lacs,
Max. 10 lac, for studies
Max. 10 lac, for studies
Max. 10 lac, for studies
For studies in India Max. 10 lac, for studies
For Studies abroad (Scholar) For Studies abroad
abroad - Max. 20 lac
abroad - Max. 20 lac
abroad - Max. 20 lac
Max. 10 lac, for studies
abroad - Max. 20 lac
Max. `60 lac for List A&B
Max. ` 30 lac
Minimum amount of
abroad - Max. 20 lac
Co-borrower is required.
institutes, 40 lac for other Inst
loan would be 50000/Margin
For loans up to `4 lac -Nil
For loans up to 4 lac -Nil
For loans up to 4 lac -Nil For loans up to 4 lac -Nil
For loans up to 4 lac -Nil
Up to 4 lac: Nil, > 4 lacs
for studies in India -5%
> `4 lacs : for studies in
>`4 lacs : for studies in
> 4 lacs : for studies in
> 4 lacs : for studies in
> 4 lacs : for studies in
Sudies in indial 5%
for studies Abroad - 15%
india - 5%, Scholer loan: for india - 5%, for studies
india - 5%, for studies
india - 5%, for studies
india - 5%, for studies
Studies abroad 15%
Special - Cradila scheme
insti.in list A&B -Nil,Other10% abroad - 15% **
abroad - 15%
abroad - 15%
abroad - 15%
Rate of
Loans up to ` 7.50 lac & for Loans upto `4 lac -11.30%
Upto 7.5 lac- 3% above
Up to 4 lac -12.75%
Up to 4 lac MCLR (9.45%)+ Base Rate+applicable margin Competitive. Min. 10.50%
Interest
> `4lac & up to `7.50 Lac other Institutes.B R +2.50%
BR i.e. 12.95%
> 4 lac - 7.50 lac = 13.75%
Mark up (7.05%) = 16.5%
as decided by Bank.
Cadila Scheme- CBLR+Spread
For list A&B institutes- BR+1% 11.30%, > `7.5 lac - 11.00%** >7.5 lac - 2.5% above
> 7.50 lac = 13.25%
>4 lac-upto 7.5 lac - MCLR
0.5%concession for
i.e. 12.35% + spread at preset
concessions 0.5% to girl stu. BR i.e.12.45% **
+ 8.05% = 17.50%, > 7.5 lac girl student
>7.50 lacBR+1.75%,i.e11.40%
0.5% concess for girl student. 1% for regular intt servicing.
MCLR+6.05% = 15.50%**
Penal interest @2%
Repayment
5 - 7 years
1 - 15 years
5-7 years
5 - 7 years
Max. -7 years
5 - 7 years
84 months
Repayment will commence
Repayment will commence
Repayment will commence Repayment will commence
moratorium 18 months
Repayment will commence
one year after completion
one year after completion
one year after completion one year after completion
Course period + 6 months
one year after completion
of course or 6 months after
of course or 6 months after
of course or 6 months after of course or 6 months after
of course or 6 months after
getting job whichever is
getting job whichever is
getting job whichever is
getting job whichever is
getting job whichever is
earlier.
earlier.
earlier.
earlier.
earlier.
Other
all expenses covered incall expenses covered incAll expenses covered inc Reimbursement of related
Parent/Guardian of
All expenses covered inc
No prepayment charges up to
conditions
luding purchase of compuluding purchase of compuluding purchase of compu- expenses alrady incurred
student would be treated
luding purchase of compu6 months, after that - up to
ter if considered necessary
ter if considered necessary
ter if considered necessary by way of loan taken from
as co-applicant
ter if considered necessary
4% of principal amount O/S
for completion of course &
for completion of course &
for completion of course . own source, if claimed with
Assignment of LIC
for completion of course .
Charges for late late payment
Travel Expenses/passage
cost of Two wheeler up
No security up to 4 lac
in 3 months of such paypolicy in favour of bank
Security: Up to Rs. 4 lac - Co- at the rate of 24% on amount
to ` 50000/-, Travel
money for studies abroad
> 4 lac - 7.5 lac - 3rd party ment and before consideNo penalty for early
obligation of parents. > 4 lacs outstanding on the date of
No security - up to 4 lac
Expenses/Passage money
guarantee, > 7.5 lac ration of loan by bank.
clouser
up to 7.5 lacs - obligation of
default.
Life cover (Optional)
for studies abroad
colletral security.
Second time education loan
Processing - Nil
parents + third party guarantee Cheque sweeeping charges
on payment of one
No security - up to 4 lac
** 0.50% concession to
can be sanctioned to same
Application may be made
> 7.5 lacs - obligation of pare 500/- per event
time premium and amount
** SBI Scholar scheme
girl student up to limit
student for completion of
online
nts+collatral security of 100% Rescheduling charges of premium may also be
Special ROI for students
50000 & 1% if limit is
next higher course.
up to Rs. 1000
**0.5% concession to girl . value of loan, Assignment of
financed by bank
securing admission in IITs
> 50000/-.1% concesson Penal @2% for above 4 lac for
stuent on above ROI.
future income of student.
Cheque bounce charges Spl. EL for students of
NITs AIIMS & other reputed
if interest serviced regular. overdue amount for overdue
Rs. 450 per bouncing
APFT Institute.
institutions (List AA, A,B, C)
For Professional courses period. 1% concession for
Application may be made
Spl. EL for students secured SBI Skill loan scheme &
intt. Concess. 0.5% to 1% regular servicing of interest.
online
admission to Premier Institutes Vocational/trg. 13.20% p.a.
Service & Service c No processing & documenRepayment will commence
No Processing fee for
No upfront fee for study in
500/-+tax - per cheq.
Processing charges: Nil
Processing fee - 2 % of
tation charges however @
front charges. For studies
studies in India, for
India, For studies abroad
bounce., Penal intt.
loan amount.
1% upfront fee recovered
abroad deposit of Rs5000/Abroad -up to 4 lac - 500/- 0.5% with max. Rs5000/.@ 24% p.a i.e.2%
which shall be refunded if
which will be adjusted in
4-7.5 lac - 1000/(refundable on availment of
pm on overdue
loan is disbursed.(Max10000) margin.
7.5 - 20 lac - 2000/loan.) Documentation charinstalments
Other
EL for vocational short term
Rural area-charges NIL
ges: Up to 4 lac -Rs 300/courses also availale now.
> 4 lac - 500/- +ST & EC
B RATE = 9.60%(1.7.16)
B RATE =9.30%(5.10.15)
B RATE=09.70%(5.10.15) B RATE =9.60%(1.10.15)
B RATE=09.50%(05.10.15) B RATE = 9.35%(5.10.15)
B RATE =9.35%(1.9.15)
Compiled by
BPLR = 13.90%(05.10.15)
BPLR = 14.60%(13.4.15)
BPLR = 14.75%( " )
BPLR = 14.00%(1.05.11`)
BPLR = 17.70%(8.4.15)
BPLR =18.50%(23.4.12)
RPLR =9.25%(7.09.15)
Dr.S.M.Mathur, CM, R.O. Bharatpur
Disclaimer: Please note that the interest rates & other details are based on market research through website of service providers. Users however, advised to recheck the same with
Up dated up to 31.8.16
individual Bank.
Bank
Up to 30 lacs
Rate of Interest
30 - 75 lacs
Up dated up to 31.8.2016
Processing Fee
Bank of Baroda
12.90%
12.90%
12.90%
1%+ ST
SBI
10.75%
10.75%
10.75%-11.75%
2%+ ST
BOI
11.70%
11.70%
11 . 70%
1% of loan amt
Max. 50000/-
HDFC
11.30% - 12.80%
11.30% - 12.80%
11.30% - 12.80%
1% + ST
ICICI
NA
N.A.
1% + ST
AXIS
11.60%- 13.35%
11.60%- 13.35%
11.60%- 13.35%
1% + ST
IDBI
11.50%
11.50%
11.50%
10000+ ST
N.
A.
Personal Loan
Rate of Interest
Updated up to 31.8.2016
Salaried
Banks
Category A
Catgory B
12.6%-13.10%
Rs.2663- Rs.2688
13.6% - 14.10%
BOB
14.75%
Rs. 2,770
14.75%
BOI
15.00%
Rs. 2,783
15.00%
Rs. 2,783
15.00%
Canara Bank
14.95%
Rs. 2,781
14.95%
Rs. 2,781
14.95%
Indian Bank
13.70% - 14.20%
Rs 2718 - Rs 2743
13.70% - 14.20%
Rs 2718 - Rs 2743
14.20%
AXIS
15%-16%
Rs 2783 - Rs 2834
17%
Rs 2886
19% - 20%
Andhra Bank
15.75%- 16.75%
Rs.2871 - Rs 2873
16.75% - 18.75%
Rs.2873 - Rs 2977
ICICI
HDFC