State Bank of Patiala Home Loan – Hi Fi Loan

State Bank of Patiala Home Loan – Hi Fi Loan

Purpose - Purchase/Construction of house

Eligibility - Applicable for Home loans upto Rs.5 lacs sanctioned upto 30.11.2009.

Interest rate - fixed at 8% p.a for the first 5 years and thereafter, the rate will be charged at the then applicable Home loan floating rate linked to BPLR.

Prepayment - No prepayment penalty if loan is pre-paid at the time of reset.

SBP Easy Home Loan

Eligibility – Applicable for  Home loans upto Rs.50 lacs sanctioned upto 30.11.09.

Interest rate - Fixed at 8% p.a. for first year and 8.50% p.a. for 2nd and 3rd year. Thereafter, the rate will be charged at the then applicable Home loan floating rate linked to BPLR.

Prepayment – No prepayment penalty if loan is pre-paid at the time of reset on 4th year

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