Home Top Up -Personal Loan
SBI provides house Top Up Loans to current house loan customers to suit a variety of personal requirements.However, the loan proceeds should not be used for speculative reasons.The interest rate on a Home TOP up loan is extremely competitive.
Features
Eligibility
Documents Required
- Low Interest Rates
- Low Processing Fee
- No Hidden Charges
- No Pre Payment Penalty
- Interest charges on Daily Reducing Balance
- Home Loan Available as Overdraft
- Repayment up to 30 years
- Resident Type: Resident Indian & NRI
- Minimum Age: 18 years
- Maximum Age: 70 years
- Loan Tenure: up to 30 years.
List of papers/ documents applicable to all applicants:
- Employer Identity Card
- Completed loan application
- 3 Passport size photographs
- Proof of identify (photo copies of Voters ID card/ Passport/ Driving license/ IT PAN card)
- Proof of residence (photo copies of recent Telephone Bills/ Electricity Bill/Property tax receipt/ Passport/ Voters ID card)
- Proof of business address for non-salaried individuals
- Statement of Bank Account/ Pass Book for last six months
- Signature identification from present bankers
- Personal Assets and Liabilities statement
For guarantor (wherever applicable):
- Personal Assets and Liabilities Statement
- 2 passport size photographs
- Proof of identification as above
- Proof of residence as above
- Proof of business address as above
- Signature identification from his/her present bankers
Additional documents required for salaried persons:
- Original Salary Certificate from employer
- TDS certificate on Form 16 or copy of IT Returns for last two financial years, duly acknowledged by IT Deptt.
Additional documents required for Professionals/self- employed/ other IT assesses:
- Acknowledged copies of three years I.T. returns/ Assessment Orders.
- Photocopies of challans evidencing payment of Advance Income Tax