PRESENTED BY: - SAVITA

SANKET
KEDAR
YOGESH
 INTRODUCTION
Pioneers .
Widest range of home loan & deposit products.
over 333 interconnected offices which includes 3
international offices.
Online loan application facility.
Counseling and advisory services for acquiring a
property.
Flexible loan repayment options
Free & safe document storage.
 PRODUCT & CUSTOMER
HOME LOAN SALARIED

BALANCE TRANSFER SELF EMPLOYED

 PROFESSIONAL
LAP  NON -PROFESSIONAL
NRI
• MERCHANT NEVY
TOP-UP
• NON MERCHANT
 KYC
ID proof (PAN Card, Passport, Voters ID).
Address proof (Electricity Bill, Letter from Employer,
Pass book with address, Rent aggrement).
Salary slip for the last 3 months.
Bank statements for the past 6 months
Latest Form – 16
Appointment letter
Processing fee cheque
 FLIP
Father is working with TCS ,Gross income of
father-125000,Age-50,Obligation-Car loan-
12500,Personal loan-8000
Son is working with wipro,GI-40000,Age-
25,Obligation-car loan -3500
Calculate Eligibility and EMI?
Proposed Loan amount-60 Lac.
 RATIOS
• Installment to Income Ratio
IIR = Proposed EMI 100
Gross Monthly Income
• Fixed Obligation to Income Ratio
FOIR = Proposed EMI + Fixed Obligation 100
Gross Monthly Income
• Eligibility = Gross Salary Slab
EMI Per Lac
 CONVERSION
Switch to a Lower Interest rate in the Variable Rate
Option – 0.25%.

Switch to a lower Interest Rate in a Dual Rate Home

Loan Option - 0.25% plus applicable service tax or Rs.
50000 plus applicable service tax.

Switch From TruFixed Home Loan product to the

Variable Rate of Interest Option - 1.75% of the
outstanding principal.
 PREPAYMENT
Prepayment is part of repayment

Home loan Prepayment is one such effective way of

reducing the interest burden

It is the long term saving of interest as well as

reduces the tenure of home loan

If we decide to prepay home loan then we are

actually paying principal first.
Cntd…….
After first EMI we can prepay

We can prepay end number of times

Minimum twice of EMI we can prepay

Maximum outstanding loan amount we can

prepay
 RPLR Vs BASE RATE
NBFC’s rate of interest Banks rate of interest
=RPLR – Spread =base rate +margin

Here RPLR is variable These rates are variable

and spread is fixed , because banks can
change it at any point of
Single risk is involved time.

Double risk is involved

 NRI
• A person resident
outside India who is a
citizen of India.
• Stays in India for less
than or up to 182 days.
• carrying on outside
India a business or
vocation outside India.
• On taking up
employment outside
India.
 NRI KYC
Employment Contract
6 Month salary certificate (in English) specifying the
following: Name (as it appears in the passport)
• Date of joining
• Passport Number
• Designation
• Perquisites and salary
Overseas Bank Account and NRE/NRO statement for
the last six months.
Continuous Discharge Certificate (CDC)- if applicable
Cntd…….
Latest Credit Bureau Report.

POA.

Photocopy of valid resident visa stamped on the

passport.

Processing fee cheque.

ANY QURIES …………………

THANK U……………………