Bank Loan

Bank of India (BOI) Home Loan - Types, Features, and Documents Required

Bank of India (BOI) Home Loan Products

Bank Of India (BOI) provides variants of Home Loan Products that best fit to different classes of its customers for purchasing a Plot for construction of a House, to purchase / construct house / flat, as well as for renovation / repair / alteration / addition to house / flat. The maximum loan amount, the BOI provides is Rs. 5 crores and repayment ranges up to 30 years, with reasonable margin and nominal processing charges. No commitment or administrative charges incurred from the customer.

Syndicate Bank Offers SyndSolar Loan for Solar PV Panel Installation on House Roof Top

Syndicate Bank Offers SyndSolar Scheme for Solar PV Roof Top Installation

Electrical energy is the most versatile and reliable form of energy we have in our day today life. Our life demands more facilities, utilizing cheaper, pollution-free electrical energy, ie., green energy for lighting, refrigeration, cooking, hygiene, atmospheric comfortness, appliances and electronic gadgets. The quality of our life directly related to accessability and consumption of electricity.

Urgent or Emergency Pensioner Loan - SBI Pension Loan

Urgent or Emergency Pensioner Loan - SBI Pension Loan
If you are a Central or State Government or Defence pensioner drawing your pension through one of SBI branches and are not more than 76 years of age, you can avail of a loan from your branch to meet your personal expenses. SBI understands you may have an urgent or unexpected need for funds or a family obligation to be fulfilled and appreciate your association with the bank.

Urgent or Emergency Personal Loan - SBI Saral Personal Loan

Urgent or Emergency Personal Loan - SBI Saral Personal Loan
What happened when you are in need of urgent fund due to a hospital case or sudden travel plan? Do you want funds readily available to you whenever you desire or need? SBI provides a personal loan scheme, Saral Personal Loan, an urgent financing solution.

SBI Earnest Money Deposit Loan

SBI Earnest Money Deposit Loan

SBI Loan for Earnest Money Deposit addresses the financial requirements towards Earnest Money Deposit to book residential plots / built-up houses / flats being sold by Govt. Housing Agencies, Urban Development Authorities like PUDA, HUDA and Housing Boards.

SBI Pradhan Mantri Mudra Yojana (PMMY) Scheme for Collateral Free Bank Loan

SBI Pradhan Mantri Mudra Yojana (PMMY) Scheme for Collateral Free Bank Loan
Good time for small entrepreneurs! Hassle free loan under Pradhan Mantri Mudra Yojana (PMMY) Scheme which is initiated by the Ministry of Finance, Govt. of India to "Fund the Unfunded". PMMY allows loans through Public Sector banks, Regional banks, Rural banks, State and Urban cooperative banks to manufacturing, trading and services sector that comes upto Rs.10 lakhs fund needs. All of above PMMY is a Collateral Free loan Scheme.

SBI Asset Backed Loan (SBI ABL)

SBI Asset Backed Loan (SBI ABL)
Asset Backed Loan (ABL) against immovable assets or Mortgage of property brings business people a great flexibility showing they are not dependent to any other intermediaries. SBI caters asset backed loan facility to businesses units doing trading, manufacturing and services sectors.

SBI e-Smart SME e-Commerce Loans

SBI e-Smart SME e-Commerce Loans
SBI for SME provides financial assistance to authorized Sellers of Snapdeal or Flipkart engaged in selling products through online portal of Snapdeal or Flipkart. Sellers have to be registered with the online portal for a minimum of 6 months tenure can avail this smart loan.

CGTMSE - Credit Guarantee Fund Trust for MSME

CGTMSE

You have skills, knowledge, ideas, experience and confidence to become an entrepreneur but needs financial assistance. If you make a project report then, approach a bank for financing the project, they simply ask what is the guarantee for repayment? They will ask you to provide collateral security as the secondary security to get back the fund you have been used in case failure in the business.

Advantages of Home Loan: Saving Taxes

Home Loan Advantages: Saving Taxes

It is an ambition to everyone having own house. Some people utilizes their savings while others get loan from banks to achieve this. If you are a salaried employee, it's always advisable to get a home loan from a reputable bank preferably from nationalized bank. Why people mostly depend on bank loans to build a house? Reduction on income tax is one of the main advantages of constructing house by taking home loan. If both husband and wife are salaried individuals, they will inquire about the chances to incorporate the spouse as co-applicant.

Documents Required For "Take Over Loan" From Other Banks

SBI Take-over loan
Loan customers may think possibility of transferring loan to more customer friendly bank, sometimes, reasoning better interest rate, relaxation of fine imposing etc. When they think about taking a loan, there may not have studied various bank's terms, conditions, policies. After starting repayment of some instalments, they would have learned about their bank's merits and demerits.

SBI SME Stree Shakti Loan Scheme

Stree Shakti Representative image

The Stree Shakti Loan Scheme is specially designed to find and support entrepreneurship among women by providing concessions in the financial assistance and processing. The main criteria SBI looks for, an enterprise should have more than 50% of its share capital owned by women. Stree Shakti Loan Scheme aims to empower women entrepreneurs who own and are managed in retail trade, business enterprises of professional and self -employed like doctors, beauty parlour operators etc.

SBI SME Artisan Credit Card For Skill Based Businesses

Artisan Credit Card
The scheme provides loans to Artisans to meet their credit requirements both for investments as well as working capital in a flexible manner at liberal rates of interest. Preferences to be given to artisans registered with Development Commissioner (Handicraft). Product aims at clusters supported by Self Help Group (SHG).

SBI Shoppe and Shoppe Plus for Shop Owners

SBI Shoppe and Shoppe Plus for Shop Owners
Loans for present and prospective owners of shops/ offices/ show-rooms/ training centres/ service centres/ garages/ offices for Chartered Accountants/ Consultants for the purchase / repair/ renovation of new/ old shops/ establishments/ offices/ dealer’s showroom etc.

SBI SMILE Scheme For Startups (Interest Free Loan As Equity)

Business Startup with SBI for Professionals
The scheme envisages grant of interest free loan as equity assistance to­wards part of margin requirements of the project, to assist eligible profes­sional and technically qualified entrepreneurs setting up new Micro and Small enterprises and units covered under the Bank’s Project uptech for technology upgradation.

Types or Classification of Bank Term Loan and Features

Term Loan representative image
Every banks deal with "Term Loan" as their financial product to attract customers. Majority of financing institutions given their product as a term loan. They are probably, short-term loan for buying home appliances or long-term loan for buying a home or inter-mediate term loan for purchasing a car. Here we see the types and features of Term Loan.

SBI SME Collateral Free Loan Scheme

SBI Collateral Free Loan
SBI provides collateral free business loan. New and existing Micro and Small Enterprises engaged in Manufacturing and Service sector can avail this scheme. For Manufacturing sector, original investment in plant & machinery should be upto Rs 5 crore and for Service sector, original investment in equipment upto Rs 2 crore.

SBI Personal Car Loan Features (New, Used, Certified Pre-Owned and Reimbersement)

image of SBI Auto loan
SBI provides, different car loan schemes in the personal banking sector which attracts many common features. They are listed here with individual details. All are considered to be Term loans for purchase of New / Used / Certified Pre-owned passenger cars, Multi Utility Vehicles (MUVs) and SUVs. Used and Certified Pre-Owned car, MUV, SUV upto 5 years old.

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