Marketing Features with USPs of our Repo Lending Rate (RLLR)

 Home Loan Linked to Repo Rate: The interest rate will change upwards or downwards in line with
the movement of the Repo linked Lending Rate as per Bank’s Policy (High volatility every 3rd month
Repo Rate will change as per RBI announcement)
 Higher Loan Tenure upto 30 years.(For under construction projects, maximum moratorium period
upto 2 years can be offered however interest to be served regularly )
 Low Interest Rates
 Zero Processing Fee
 No Hidden Charges
 No Pre Payment Penalty
 Interest charges on Daily Reducing Balance based on EMI.
 Comparison with SBI

Particulars BOM SBI

Purpose All Purpose except Plot Purchase. All Purpose except Plot Purchase.
Takeover of Loan included. Takeover of Loan not permitted.
Minimum Gross annual Income Rs. 6.00 Lakh Gross annual Income Rs. 6.00 Lakh
Income Co-applicant income can be added. No clause of addition of Co-applicant income.

Rate of Minimum spread above RLLR High Spread above RLLR

Interest Starting from 0.05% for good CIBIL score. Starting from 0.40%. as per Risk Grade
ROI starting ROI starting
Loan amount Salaried Non Loan amount RG 1,2,3 RG 4,5,6
Salaried
Up to 30.00 Lakhs 8.05% 8.20%
Up to 30.00 Lakhs 8.45% 8.55%
30.0 Lakhs to 75.00 8.05% 8.20%
30.0 Lakhs to 8.45% 8.55% Lakhs
75.00 Lakhs Above 75.00 Lakhs 8.60% 8.75%
Above 75.00 Lakhs 8.50% 8.60%

Increase in Repo Rate marginal the Increase in Repo Rate the effective ROI will higher
effective ROI will marginal increase as due to higher spread.
per REPO RATE.
Processing Zero Processing Fees 0.35% of Loan amount.
Fees
Quantum Based on Gross / Net Income DSCR based – can cause lower quantum of Loan

Repayment EMI –Equated Monthly Installments Monthly Principle installments and serviced Interest
EMI for 75Lakh @8. 60 % for 240 months monthly.(PED based)
= 65562/- Minimum 3% of the Principle amount should be paid
yearly. ( Higher instalment amount compare with
EMI)
Monthly instalment
For 75Lakh @8. 60 % for 240 months =
31250/- (Principle) + 53526 (interest) = Rs 84776/-
monthly repayment amount started.
Rs. 19124 is higher than EMI.
Tenor – 30 Years up to borrower age 75 Tenor – 30 Years up to borrower age 70 Years.
Years.