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Hi buddy will you plz tell me what is Benefits of State Bank of Hyderabad Mortgage Loan with require document info for apply this loan ??

[Vishal Kotkar]

State Bank of Hyderabad was a nationalized bank in India, with headquarters at Gunfoundry, Abids, Hyderabad, Telangana. It was one of the five associate banks of State Bank of India, It was merged with SBI on 1st April 2017.

Benefits of State Bank of Hyderabad Mortgage Loan
The loan is easy to avail and requires minimum documentation and is processed very quickly.
The term loan repayment tenure has a maximum tenure of 60 months.
Cash credit repayment has to be renewed on annual overdraft basis.
Now your idle property can generate additional income to you.
The minimum mortgage loan offered is Rs.10 lakhs.
The maximum mortgage loan offered is Rs.5 crore
Competitive interest rate is offered by State Bank of Hyderabad.
Equitable mortgage of immovable property has to be provided as security.
Processing charges of loan amount up to Rs.2 lakh is Rs.250.
Processing charges of loan amount above Rs.2 lakh is Rs.250 per lakh.

Interest Rate
Term loan - 13% per annum

Overdraft Loan - 13.25% per annum

Document requirement

Filled in application form with photograph.
Identity proof.
Proof of residence.
Age proof.
Last 6 months bank statement.
Last 3 months salary slips.
ITR statement or Form 16.
Educational qualification certificate.
Last 3 years ITR if the borrower is self-employed or a professional.
Other documents as expressed by State Bank of Hyderabad.