Sundaram bnp paribas home finance – interest rates, eligibility, emi calculator gas nozzle prank

• For home loan that is up to 20 Lakhs, 85% of the property value may be availed as loan. This value is determined by what Sundaram BNP Paribas Home Finance Limited values the property to be and what the company finds to be the customer’s repayment capacity.

• For home loan that is between 20 Lakhs and 75 Lakhs, 80% of the property value may be availed as loan. This value is determined by what Sundaram BNP Paribas Home Finance Limited values the property to be and what the company finds to be the customer’s repayment capacity.

• For home loan that is above 75 lakhs, 75% of the property value may be availed as loan. This value is determined by what Sundaram BNP Paribas Home Finance Limited values the property to be and what the company finds to be the customer’s repayment capacity.

A low cost property insurance scheme is offered by Sundaram BNP Paribas Home Finance Limited in association with Royal Sundaram Alliance Company Limited. This scheme makes sure that the property that is financed by the company is protected against various perils so that the customer can have peace of mind. The insurance scheme is effective for the entire period of the loan.

Apart from these documents mentioned, SBNPPHFL may also ask for additional documents as found to be required while appraising the loan. For a detailed list of documents that’s required to be submitted please walk into any of the company’s branches. Sundaram Finance Home Loan Interest Rate:

Kindly visit any of the company’s branches to find out the most accurate and recent interest rate that the company offers. Sundaram BNP Paribas Home Finance (SBNPPHF)’s interest rate is associated with SH-Prime Lending Rate (SH-PLR). The SH-PLR has been reduced to 8.70% p.a. from 9.25% p.a.

To be eligible for a home loan from Sundaram BNP Paribas Home Finance, one must be an Indian national. The borrower can be either an employed individual or a self-employed individual. NRIs can also apply for a home loan. Sundaram BNP Paribas Home Finance considers the following factors while deciding if the customer is eligible for a home loan and how much he/ she is eligible for:

Bankbazaar.com assembles a large number of products and options of home loans in one place so that it is easy to choose the home loan that’s right for you and also get approval directly. Using Bankbazaar.com to apply for a home loan is a simple task as you can compare the pros and cons in one go, and make sure that the features are in line with your specifications. When you apply for a Sundaram BNP Paribas Home Finance Home Loan through Bankbazaar.com, you can use the EMI calculator to check your loan eligibility, find how much you will be spending as EMI and further decide upon the loan amount and tenure. That means planning your budget is made easier than ever. What’s more, you can look out for special discounts and customized deal options you can avail thanks to BankBazaar’s association with various banks. How to Apply for Sundaram BNP Paribas Home Finance?

Applying for a home loan from Sundaram BNP Paribas Home Finance is simple, quick and transparent. You can simply walk into any of the Sundaram BNP Paribas Home Finance branches to do so. You must have with you your latest income documents such as IT Returns, Salary slips, Bank Statements etc. so that you can find out how much loan amount you are eligible for. Along with the documents you must submit a duly filled application form.

If you visit the website the Sundaram official website, you will find the application form. You must print out this form, fill it in and send it to any of the branches along with the necessary documents. Different Types of Home Loans Available at Sundaram Housing Finance:

Your eligibility for a home loan from Sundaram BNP Paribas Home Finance is dependent on factors such as monthly income, age, employment, monthly commitments, liabilities, qualifications, assets, savings background and history of repayment of other loans if any.

The registration of mortgage will depend on the laws of the state in which the loan is availed. For example, in Karnataka, in the case of both non housing and housing loans, MOTD has to be duly registered in the concerned SRO. In the states of Andhra Pradesh and Kerala, a Simple Mortgage Deed has to be registered in the concerned SRO for all non-housing loans. for both Housing and non-housing loans in Tamil Nadu, a Memorandum confirming Deposit of Title deeds (MOTD) has to registered in requisite stamp paper in the concerned Sub Registrar’s office (SRO).

Yes, it is possible for you to take a home loan in one city while you work in another city. Since the company has many branches across South India (and a few in the North), it is easy to coordinate your matters. The details of the branches can be found on the website.

Processing an application can take between 2 to 10 working days on an average. This includes processing of the application from sanction to disbursement. In this case all the required documents must be in order and the title to the property must be found to be clear and marketable. This must also include the proof that the borrower’s contribution has been utilized/ paid upfront.