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State Bank of Mysore Home Loan

  • Features: The bank offers Home loan for construction or purchase of a new house or flat. It also offers loans for repairs / renovation / extension of existing house. One can also avail of plot loans as well as loans for resale property. It also offers loans against second charge. Loans are offered at fixed and floating interest rates to Indian residents and NRIs.

    State Bank of Mysore (for Transfer Of Loan Home Loan)
    Interest Rate: 9.5
    Average Interest Rate: 9.5
    Loan Eligibility: 20 to 26.3
    Emi: 20,884
    Co Applicant: Father, Mother, Brother, Son, Spouse
    Tenure 15
    Age 30
    Processing Fee: 0.50% of loan amount, maximum Rs 10000
    Upfront Fee: DNA
    Documentation Charges: DNA
    Prepayment Charges: if paid from own source- Nil, in other cases- 2% on principal amount prepaid.
    Charge for Changing Fixed to Floating: Rs 1000
    Charge for Changing Floating to Fixed: DNA
    Over Draft: No
    Late Payment Charges: DNA
    Fees for Duplicate No due certificate: DNA
    Cheque Swapping Charge: DNA
    Duplicate Repayment Schedule: DNA
    Cheque Bounce Charge: DNA
    Document Retrieval: DNA
    Statement Charge: DNA

    Published on August 5, 2010 · Filed under: Home Loan, State Bank of Mysore Home Loan;
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