Ratio Analysis

9 September 2016

Best Practices followed in SBI mentioned below will tell you why it makes sense to do business with State Bank of India The bank offers home loans for purchase and/or construction of house property as well as plot loans. It offers loans for buying resale property and extension/ repair/ renovation/ alteration of an existing house. The bank offers loans schemes known as ‘Prashasan Plus’, ‘Teacher Plus’ and ‘Oil Plus’ to Government Employees, Teachers and employees of public sector oil companies etc. at concessional rates.

Provision for on the spot ” In principle” approval. Loan sanctioned within 6 days of submission of required documents. * Option to avail Home Loan as a Term Loan or as an Overdraft facility to save on interest and maximise gains. * Option to club income of your spouse and children to compute eligible loan amount * Provision to club depreciation, expected rent accruals from property proposed to compute eligible loan amount * Provision to finance cost of furnishing and consumer durables as part of project cost * Repayment permitted upto 70 years of age * Free personal accident insurance cover upto Rs. 40 Lac. Optional Group Insurance from SBI Life at concessional premium (as part of project cost) * Interest calculated on daily reducing balance basis, and starts from the date of disbursement.

Ratio Analysis Essay Example

 A unique product if you are on the look out for a loan to purchase a plot of land for house construction. The loan is available for a maximum amount of Rs. 1 crore* and with a comfortable repayment period of upto 25 years. * You are also eligible to avail another Housing Loan for construction of house on the plot financed above with the benefit of running both the loans concurrently. (House construction should commence within 2 years from the date of availment.

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