AGRICULTURE

criteria SBI HDFC ICICI BOB INDUSIND

Int. rate 7% 8% Bank are Brach does
not not provide
provide this loan
Loan amt. 100% of 90% of
project cost property
for loans upto
50 cr. 85% of
cost for loan
more than
50000.
repayment 5-15 years Depends on
and based on lone
the income
generation
the activity
for which the
loan was
taken.
Eligibility 18 to 70 21 to 58
criteria
Age Aggriculture farmer
Occupation labour

Documentatio Large loan

n amount will
required
project
quotation
reports

Loan for land

basedvactivitie
s will need loan
records

For loan
amount grater
than 25000 no
due certificates
are required

Charges
Processing No charges Not specified
 other No charges

Margin 10% flat

from the
money
requirement
at 10% flat
from the
original level
of 15% to
25% of
project cost .

VEHICLE LOAN (TWO WHEELER)

CRITERIA SBI HDFC ICICI BOB INDUSIND

Int. rate 15.75% 9% 9.5 – 13% 12.0% 11.5%

Loan amt. Depends 80% of Min: 5000 Min:5000 40,000

on vehicles vehicle value
Max: 1 lakh Max: 1 lakh
or (5*
monthly
income)
whichever
is less

repayment Max 60 12-48 Data not Max: 60 months 3 years

months months provided
by group
 Eligibility SALARIED Age Min-25 Salaried
criteria :-Age : min individual
21-65 21 TO 58 23 years Max-65
Age Employed
Salaried Max : 58 for min. of 3
& occupation individuals, years years.
self Current
employed, Min income employment
Professional : 2 lakhs of min. 1
s. per annum year

Resident Min. gross

Indian salary : 8000
months
For self
employed Age: within
:- 60 years

Age : min Residing at

28 year current
address for
Max 65
min. of 2
year
years
Min income
Self-
: 1.75 lakhs
employed
per annum
profession
al / Non -
profession
al

Business for
min. 5 years
& current
business for
2 year

Min profit: 1
lakhs per
annum

Age: within
60 years

Current
place of
residence for
min. 2 years
documentation For salary ID proof, ID proof, Personal address. Age proof
person Address Residence Prof of identity, Identity
Three proof, proof potograph,employee proof
month Last3/6 Income s status Residential
salary slip months bank documents deltail,income proof ,Salary
2 years statement, IT Latest detaiuls,bank slip for last 3
form no-16 Return(last 2 photograph statement, PAN card months
Years) Latest 6
2 years months Income tax
inome tax bank return for 2
return I.D. statement years
proof Any other
Address Bank
documents
proof statement
for last 6
6 month months
bank
statement Proof of
business
2
photograph Application
from duly
For filled and
business recent
person 3 passport size
years photographs
income tax .
return

I.D. proof

Address
proof

6 month
bank
statement

2
photograph

Guarantor

1 month
salary slip

1 year form
no-16

1 year
income tax
 return

I.D. proof

Address
proof

2
photograph

Charges No charges 450 / cheque No other

Bounce charges

Processing 1% to 2% of 0.5% of the 2% (minimum 3% of loan

lone value loan Rs250%) value

Other Late Late Documentation

payment : payment: charges 0.5
2.5% per 2% per
month annum
Stamp duty
actual
Cheque
swap: 500
transaction
Cheque
return: 400
per return
Duplicate
NOC: 500
per NOC
Statement
of A/C : 200
statement

Margin New/ used 15% to 20% 20%

vehicles
15% of
the road
 price.

Pre-Payment 3% to 5% of
the principal
outstanding
after
repayment of
12 EMIS

PERSONAL LOAN

CRITERIA SBI HDFC ICICI BOB INDUSIND

Int. rate 13-15% 18% 14%-16.5% 12.5%

Loan amt. 2.5 times 25000- Up to 15 lacs Min: 20000

of annual 2500000
income Max: 200000

repayment 48 months 12 to 60 12 to 60 months Up to 36 months in

months equal installment

Eligibility Age: Min- Age 21 TO SALARIED Permanent confirmed

criteria : 18 Max-70 58 Salaried employees of
individuals, Age- 25-58 year central/state govt./
Age & self SALARIED Net autonomous
occupation employed, Salary- 96000 body/public/joint
Professionals p.a sector undertaking

Employees of Reputed limited

public Ltd. Cos. co./MNCS/educational
Private Ltd. Cos. institutions
MNCs Or
government. Self-
employed/professional
1 Years in like Doctors,
current job / Engineers, C.A.
profession Lawyers, consultant
with stable
1 year in current
business(min.1 year)
residence
Insurance agent who
SELF -
is doing this business
EMPLOYED
for last 5 years
Age- 25-65
21 MINI AGE
years
65 MAXI AGE
 Net Salary- Net
Profit after tax-
60000 p.a

Doctors,
MBA’s,Architect
s, CA’s,
Engineers,
Traders &
Manufactures.

3 years in
current
jobs/profession.

1 years in
current
residence.

documents For salary Identity Identity proof Personal address. Prof

person:Thr proof of identity,
ee month Residential potograph,employees
salary slip , Residential proof status deltail,income
2 years proof detaiuls,bank
Salary slip last 3
form no- statement, PAN card
Last 3/6 months
16,2 years
months Bank
inome tax Income tax
statement
return,I.D. return last 3
proof, Latest/curren years
Address t Salary slip
proof last Age proof

6 month Income tax Photographs

bank return last 2
statement , Copy of PAN
years
2 card
photograph
Latest 3 years P
For & L, balance
business sheet
person,3
For self-
years
employed latest
income tax
6 months bank
return,I.D.
statement
proof,Addr
ess proof,6 Any other
month documents
bank required by
statement, bank
2
 photograph

Guarantor:
1 month
salary
slip,1 year
form no-
16,1 year
income tax
return,I.D.
proof,Addr
ess proof,2
photograph

Charges 450/ cheque No

bounce

Processing 2.5% of loan Up to 2% of loan No

value amount+
service tax

Other 2-3% of For late Documentation

loan payment: 2% charges
per month

Cheque swap:
500 per
transaction

Cheque return:
400 per return

Statement of
A/C : 200 per
statement

Duplicate NOC :
50o per NOC
 Pre- 4% of the
payment principal
outstanding
after
repayment of
12 EMIS

HOUSING LOAN

CRITERIA SBI HDFC ICICI BOB INDUSIND

Int. rate 1 year 8% 8.50% 7.5% 8.5%

2 -3 year
9%

After 4th
depend
upon
market

Loan amt. No 85% of Min: 2 lacs

maximum HOME VALUE
limit

repayment 25 years 3 to 20 years Up to 25 years

Eligibility ICICI Bank Income criteria: 36

criteria offers Home times of monthly
Min-18 21 TO 58 Loans to income , 4 times of
Age & Resident as avg. monthly income
Occupation Max=-70 Salaried
well as Non
indiduals, Age: Max: 65 year
Resident
self
Indians. You
employed,
must be at
professionals
least 25
 years of age
whan the
lone is
sanctioned.
The lone
must
terminate
before or
whan you
turn 65
years of age
or age of
retirement
whichever is
earlier.

documents For salary Identity proof Identity Income tax return for
person proof 3 years is req
Residential ,Personal address.
Three proof Residential Prof of identity,
month proof potograph,employee
salary slip Last 3/6
s status
months Bank
deltail,income
2 years statement
Salary slip detaiuls,bank
form no-16
Latest/curren last 3 statement, PAN card
2 years t Salary slip months uired
inome tax
return Income tax Income tax
return(last return last 3
I.D. proof 2years) years

Address Age proof

proof
Photographs
6 month
bank Copy of PAN
statement card

2 Latest 3
photograph years P & L,
balance
For business sheet
person
For self-
3 years employed
income tax latest 6
return months
bank
statement
 I.D. proof Any other
documents
Address required by
proof bank

6 month
bank
statement

2
photograph

Guarantor

1 month
salary slip

1 year form
no-16

1 year
income tax
return

I.D. proof

Address
proof

2
photograph

Charges 500 / cheque No

processing 0.5% of loan 0.35% loan upto 20/-

value lacks. 0.40% above
20/- lacks

other Pre closure charges

0.5%

Pre- 0.75% to
Payment 1.5% of
original loan
amount

Margin a) Up to Rs 20000
margin
20%,purchase of
 plot

25% (house
already construct
from own
resources)

b) Above 20000
margin is 20%

MACHINARY LOAN

Criteria SBI HDFC ICICI B INDUSIND

O
B

Interest rate 13-18 %

Loan amount Small : below 5cr. Depends on

applicants
Micro: below 25 specific
lakhs requirement,
 Medium: 5-50 cr. funding can be
to the extent of
95% of the
invoice value.

Repayment 5-15 years & based

on the income
generation. The
acyivit for which
the loan is taken

Eligibility Age Applicants

using
Criteria Min-18 equipment for
Max-70 self purpose,
mine owners
and
contractors.

Documents Large loan amount Identity Identity proof

will required project proof
quotation reports Residential proof
Resident Salary slip last 3
Loan for land ial proof months ,Income
basedvactivities will tax return last 3
need loan records Last 3/6 years .Age proof
months Photographs
For loan amount Bank
grater than 25000 no stateme Copy of PAN card
due certificates are nt Latest 3 years P
required Latest/c & L, balance
urrent sheet .For self-
Salary employed latest
slip 6 months bank
statementAny
Income other documents
tax required by bank
return(la
st
2years)

Charges

Processing No charges 0.25% of loan

Other charges No Charges Late payment :

 2% per month

Cheque swap:
500 transaction

Cheque return:
400 per return

Duplicated NOC
: 500 per NOC

Statement of
A/C : 200
statement

Margin 10% flat from the 5%

money
requirement at
10% flat from the
original level of
15% to 25% of the
project cost