SBI Realty provides an opportunity to the customer to purchase a plot for construction of a dwelling unit. The construction of the house should take place within 5 years from date the loan has been sanctioned. The customer can also avail another Home Loan for construction of house on plot financed under SBI Realty. The maximum amount of loan that can be offered to a customer can range upto Rs. 15 crores with a comfortable repayment of 10 years.
*Interest rate will vary as per the risk score of the customer
** Based on LTV of the Customer
Consolidated Processing Fee structure (including Advocate Fee and Valuer Fees) will be as under:
“0.40% of the loan amount plus applicable GST subject to a minimum of Rs 10000/- and maximum of Rs 30000/- plus GST.
However, for builder tie up projects where individual TIR and Valuation Is not required: 0.40% of loan amount subject to max. recovery of Rs. 10000/- plus applicable tax.
And, if TIR and Valuation is required, then normal charge as mentioned above will be applicable.
List of papers/ documents applicable to all applicants:
For guarantor (wherever applicable):
Additional documents required for salaried persons:
Additional documents required for Professionals/self- employed/ other IT assesses: