e-handout onRETAIL ASSET PRODUCTS

(updated as on 25.12.2017)Prepared by

ANV SubbaraoChief Manager (Faculty)SBLC, Aurangabad (H)

Please note that wherever circular reference no(s) are given in this handout,please click there (hyper-link) to get the circular soft copy for ready reference & further details.

Please visit our SBLC website http: // 10.10.63.63 for latest Updates

S.NO. IMPORTANT GUIDELINES AND FORMATS

1 ADVANCES - POLICY MATTERS

2 P SEGMENT ADVANCES - GENERAL INSTRUCTIONS

3 AUTO LOANS DOCUMENTS & ANNEXURES

4 HOUSING LOAN DOCUMENTS & ANNEXURES

5 PERSONAL LOANS DOCUMENTS & ANNEXURES

6 EDUCATION LOAN DOCUMENTS & ANNEXURES

7 REVERSE MORTGAGE LOAN DOCUMENTS & ANNEXURES

8 MISC. DOCUMENTS & ANNEXURES – PER ADVANCES

9 Service Charges – P Segment Advances

10 Service Charges – Gold Loans (Modifications)

11 Service Charges – CERSAI – 09082017 12 CERSAI SOP 081217

13 LOS – HOME LOANS – WORK FLOW - 18112017, Anex-A, B

1

INDEXSL.NO. NAME OF PRODUCT/SCHEME PAGE NO (S)

1 SBI PERSONAL GOLD LOAN32 SBI PERSONAL LIQUID GOLD LOAN

3 SBI GOLD LOAN – BULLET REPAYMENT

4 SBI STUDENT LOAN45 SBI SCHOLOR LOAN

6 SBI GLOBAL ED-VANTAGE LOAN

7 SBI AUTO LOAN SCHEME5, 68 SBI ASSURED CAR LOAN SCHEME

9 SBI LOYALTY CAR LOAN SCHEME

10 SBI COMBO LOAN7, 811 SBI USED CAR LOAN

12 SBI CERTIFIED PRE-OWNED CAR LOAN

13 SBI CAR LOAN LITE 8

14 SBI XPRESS CREDIT9, 1015 XPRESS CREDIT – NON PERMANENT EMPLOYEES

16 XPRESS CREDIT – TEACHING & NON-TEACHING

17 SBI EXPRESS CREDIT – IT EMPLOYEES & 18) XPRESS CREDIT – ELITE 11

19 XPRESS YONO – PRE APPROAVED PERSONAL LOAN 12

20 SBI PENSION LOAN13, 1421 JAI JAWAN PENSION LOAN

22 PENSION LOAN TO CMPF PENSIONERS

23 LOAN AGAINST PROPERTY SCHEME (LAP) 15, 1624 SBI REVERSE MORTGAGE LOAN

25 HOME LOAN & HAMARA GHAR 17, 18

26 SBI HOME TOP-UP LOAN 19, 2027 INSTA HOME TOP-UP LOAN

28 SBI PRIVILEGE HOME LOAN & SBI SHAURYA HOME LOAN 21, 2229 SBI FLEXI PAY HOME LOAN

30 HLs TO NON-SALARIED SEGMENT DIFFERENTIAL OFFERINGS 23, 2431 SBI REALTY SCHEME

32 SBI BRIDGE HOME LOAN 25, 26, 2733 EARNEST MONEY DEPOSIT SCHEME (EMD)

34 SBI TRIBAL PLUS HOME LOAN 28, 2935 SBI MAXGAIN

36 PRADHAN MANTRI AWAS YOJANA (CLSS) 30

37 CRE HOME LOANS 31

38 SBI HOME LOAN PAL (PRE-APPROVED LIMIT) 32

39 SBI CORPORATE HOME LOAN 40) SBI ASSET BACKED LOAN (RH) 33, 34 & 35

2

SBI GOLD LOAN (P SEGMENT) – 3 VARIANTS

SCHEME SBI PERSONAL GOLD LOAN

SBI PERSONAL LIQUID GOLD LOAN

SBI GOLD LOAN – BULLET REPAYMENT

PURPOSE Bank's existing customers can avail the loan by pledge of gold ornaments including gold coins sold by Banks. gold coins (weight of coins not to exceed 50 grams per customer cir no. NBG/PBU/PL-PERLOANS/1/2013 – 14 dated 07.05.2013).

FACILITY Demand Loan Over Draft Demand Loan

ELIGIBILITY Age: 21 years and above Profession: Anybody with Steady source of income including: Bank s Employees. Pensioners

SECURITY Pledge of Gold ornaments made of not less than 18 carrot gold.

QUANTUM OF LOAN

Minimum: Rs.20,000/- (All centres) Maximum: Rs 20 Lacs/- (All centres)

MARGIN 25.00% 25.00% 35.00%

RATE OF INTEREST

w.e.f. 01.11.2017 1 Yr MCLR + Spread of 200 bps, present effective ROI being 9.95% (Floating with Reset 1 year). NBG/PBU/PL-MCLR/38/2017 – 18 Date: Fri 3 Nov 2017

PERIOD/REPAYMENT

36 Months Equated Monthly Instalments(EMI)

36 Months (Interest to be serviced on monthly basis. Principal to be paid at the end of the term).

12 Months (Both Interest and Principal to be paid atthe end of the term).

PROCESSING FEE

0.50% of the Loan amount + applicable Service Tax or Rs 500 + applicable service Tax whichever is higher. NBG/PBU/PL-GL/76/2016 – 17 dated 10.01.2017

SCALE OF FINANCE

Cir dated 30.11.2017 W.E.F 01.12.2017

SERVICE CHARGES

NBG/BOD-GB/1/2017 – 18 dated 01.04.2017 Gold Safe Keeping Chgs after ClosureService Charges – Gold Loans (Modifications)

MS/SOP SOP- GOLD LOANSSOP – METAL GOLD LOANS Dated 06072017

REFERENCE NBG/PBU/PL-GOLD/23/2014 – 15 dated 01.08.2014

NBG/PBU/PL-GL/76/2016 – 17 dated 10.01.2017

NBG/PBU/PL-GL/21/2015–16 dated 17.07.2015

NBG/PBU/PL-GL/76/2016 – 17 dated 10.01.2017

NBG/PBU/PLGL/21/2016 - 17 dated 25.05.2016

NBG/PBU/PL-GL/76/2016 – 17 dated 10.01.2017

Prepared By : ANV Subbarao, Chief Manager (Faculty), SBLC, Aurangabad (H)

3

SBI EDUCATION LOAN – 3 VARIANTSSCHEME SBI STUDENT LOAN SBI SCHOLOR LOAN SBI GLOBAL ED-

VANTAGE LOAN

PURPOSE Extend financial assistance to deserving/meritorious students for pursuing higher education in India and abroad

Extend financial assistance to deserving/meritorious students for pursuing higher education in selected Institutes in India

For pursuing full time regular courses in foreign colleges/universitiesDisburse -VISA 1211217Tie-up with BITC -290917

ELIGIBILITY Graduation courses: B.A, B.Com., B.Sc., etc.� Post Graduation courses: Masters Degree and Ph.D.� Professional coursesSB A/C TO BE JOINTLY OPENED WITH COBORROWER – Cir dt 27.07.17

List AA - 17 InstitutionsList A – 58 InstitutionsList B - 29 InstitutionsList C- 48 InstitutionsSCHOLOR/ 34/2017 - 18Date: 10 Oct 2017SCHOLAR/25/2017 - 18Dated 18th August 2017Dated 17 th October 2017

Regular full time Courses in Institutions/ Universities of USA, UK, Canada, Australia, Europe, Singapore, Japan and Hong Kong (BPR Centres -All Branches ) (NonBPRCentres : ScaleIII & above)Cir Dated 17062017

SECURITY Upto Rs. 7.5 Lacs: NoCollateral Security or third party guarantee

Above Rs. 7.5 Lacs: Tangible collateral security

List – AA * Without Collateral: Upto Rs. 35 LacsList – A * Without Collateral: Upto Rs. 20 Lacs With Collateral Upto 30 LList - B Without Collateral: Upto Rs. 20 LacsList -C Without Collateral: Upto Rs. 7.50 Lacs * With Collateral : > 7.5 - 30 Lacs

For security in the form of land/building, 110%of the loan limit plus simple interest to be accrued on the loan amount during course and moratorium period

QUANTUM OF LOAN

Studies in India - Max Rs. 10.00 lacs. Abroad -20 lacs

Minimum: Rs. 20 LacsMaximum: Rs. 1.5 Cr

MARGIN Upto Rs. 4 Lacs: NilAbove Rs. 4 Lacs:• 5% for studies in India• 15% for studies abroad

Upto Rs. 4 Lacs: NilAbove Rs. 4 Lacs & up to Rs. 7.50 lacs – 5%N/ 46/2016 –17 dt 31.8.16

10% - with each disbursement

RATE OF INTEREST

NBG/PBU/PL-MCLR/38/ 2017 – 18 Date: 3 Nov 2017

NBG/PBU/PL-MCLR/38/ 2017 – 18 Date: 3 Nov 2017

NBG/PBU/PL-MCLR/38/ 2017 – 18 Date: 3 Nov 2017

PERIOD/REPAYMENT

Morotarium - Course period + 1 year, or 6 months after getting job, whichever is earlier. Repayment : Upto 15 years after the commencement of repayment

Morotarium : 6 months Repayment: Upto 15 years

REFERENCE NBG/PBU/PL-EDUCATION/48/2015- 16 dt. 02.12.2015 – M.S.NBG/PBU/PL-EDUCATION/53/2015 -16 dated 30.12.2015NBG/PBU/PL-STUDENT/64/2015 - 16dated 21.03.2016

SCHOLAR/5/2013 - 14dated 12.06.2013NBG/PBU/PL-EDUCATION/53/2015 -16 dated 30.12.2015Modificaitons – 37/2017 - 18Date: 17 Oct 2017Modi fication - 35 Lacs – Cir dt 241117

NBG/PBU/PL-EDUCATION/58/2015 – 16 dated 08.02.2016NBG/PBU/PL-PERLOANS/3/2016 - 17dated 07.04.2016NBG/PBU/PL-EDUCATION/89/2016 -17 dated 27.02.2017

Master Cir NBG/PBU/PL-EDUCATION/14/2017 – 18 dt 10.07.2017 & Formats & EWSNBG/PBU/PL-EDUCATION/15/2017 -18 12th July 2017 – New Courses Cir, Annex 1, Annex 2

EDL – YOCKET –LEADS Cir dt 20112017 Pre-sanction waiver for CSP 051217, HPCL EDL 081217Prepared By : ANV Subbarao, Chief Manager (Faculty), SBLC, Aurangabad (H)

4

SBI AUTO LOAN – VARIANTS (1, 2, 3)

SCHEME SBI AUTO LOAN SCHEME

SBI ASSURED CAR LOAN SCHEME

SBI LOYALTY CAR LOAN SCHEME

PURPOSE Purchase of New vehicles Purchase of New vehicles To purchase new/old passenger car, MUV and sport utilityvehicle

FACILITY Term Loan/Overdraft Term Loan Term Loan/overdraft

ELIGIBILITY AGE:-21-65 years Repayment before 70 YMin NAI – For Salaried 2.50 lacsAgriculturists & Self-employed/Business – 4.00 lacs.The maximum number ofapplicants should be restricted to two

Existing Customers with unencumbered FixedDepositsAge – 18 yrs – No Max. Repayment before 75 Y Minimum Income - Not stipulated CIBIL scores less than 600 and those in -1, 0, 1 to 5 categories will also be eligible.

Housing loan borrowers of SBI, & Satisfactorily serviced the loan for at least one year afterthe moratorium period.Min NAI – Rs.2 lacs

SECURITY Hypothecation of vehicle 1) Hyp of vehicle2) Pledge of TDR inhis/their own name.Third party TDRs will not be accepted

i) Hypothecation of vehicle ii) Equitable mortgage taken for the housing loan should be extended to cover the new car loan

QUANTUM OF LOAN

No max. But min 3 lacs to avail OD facilitySalaried : The maximum 48 times the net monthly income of salaried persons.Self-employed, Professionals, BusinessUp to 4 times the Net Profit or Gross Taxable Income per annum as per ITR, after adding back depreciationAgriculturistsUp to 3 times the NAI

Min : Rs 2 lacs, Max : No Limit

100% of FD for ‘On-Road- Price’ of vehicle

i) 100% on-road financeor ii) eligbility as per EMI/NMI or iii) 75% of present market value of the house property less present outstanding in the Home Loan account and Home Equity, if any (which ever is lower). Extension of equitable mortgage is not required upto Rs 10Lacs (Lien Letter is required)

MARGIN 15% on road price.The concessionary margin of 10% will continue in case of customers under salary package/ tie-up.

Nil Nil

EMI/NMI Upto Rs.5 Lakhs - 50% Above Rs.5 Lakhs and uptoRs.10 Lakhs – 50%> Rs.10 Lakhs - 60%*for HL Borrowers 50% / 60% / 70%

Not applicable. Upto Rs.5 Lakhs - 50% Above Rs.5 Lakhs and uptoRs.10 Lakhs – 60%> Rs.10 Lakhs - 70%

5

SCHEME SBI AUTO LOAN SCHEME

SBI ASSURED CAR LOAN SCHEME

SBI LOYALTY CAR LOAN SCHEME

RATE OF INTEREST

NBG/PBU/AL-AUTOLOAN/14/2017 - 18Date: Mon 6 Nov 2017

PERIOD/REPAYMENT

Maximum 7 years 3-7 Years as per the originalscheme i.e. Car Loan Scheme, Used Car Loan Scheme,Certified Pre-owned Car Loan Scheme etc.

OTHER GUIDELINES

Reimbursement of costs of car purchased by own sources which are not more than 3 month old.

The maximum cost of accessories should not exceed 5% of the cost of vehicle or Rs. 50,000/-, whichever is less

During continuation of car loan, partial withdrawal of TDR will not be allowed.

Forfeiture of the Deposit may be permitted for liquidation of the entire loan, at the request of the borrower

REFERENCE NBG/PBU/AL-AUTOLOAN/12/2017 - 18dt. 09.10.2017 – M.S.

NBG/PBU/AL-AUTOLOAN/52/2015 - 16dated 29.01.2016 – SOP

NBG/PBU/AL-AUTOLOAN/13/2016 – 17dt. 01.10.2016

NBG/PBU/AL-CARLOANS/27/2016 - 17dt. 17.03.2017

NBG/PBU/AL-CARLOANS/11/2016 - 17dt. 29.09.2016

NBG/PBU/AL-AUTOLOAN/12/2017 - 18dt. 09.10.2017 – M.S.

NBG/PBU/AL-CARLOANS/20/2014 -15 dt. 08.11.2014

NBG/PBU/AL-AUTOLOAN/17/2015 - 16dt. 11.06.2015

NBG/PBU/AL-AUTOLOAN/12/2017 - 18dt. 09.10.2017 – M.S.

OTHER CIRCULARS

NBG/PBU/AL-AUTOLOAN/2/2017 - 18 dt 18.04.2017 – Scoring ModelNBG/PBU/AL-AUTOLOAN/22/2016 – 17 dt. 05.01.2017 – Product CodesNBG/PBU/AL-AUTOLOAN/18/2016 - 17 dt 08.11.2016 – Minimum NMINBG/PBU/AL-AUTOLOAN/13/2016 – 17dt. 01.10.2016 – EMI/NMI ModificationNBG/PBU/AL-AUTOLOAN/3/2016 – 17 dt. 11.04.2016 – Disc. To Int. ConcessionNBG/PBU/AL-AUTOLOAN/55/2015 – 16 dt 12.02.2016 – Digital InspectionNBG/PBU/AL-AUTOLOAN/54/2015 – 16 dt 11.02.2016 - Obtention of RC copyNBG/PBU/AL-AUTOLOAN/50/2015 – 16 dt 21.01.2016 – CIRs (CIBIL etc)NBG/PBU/AL-AUTOLOAN/38/2015 – 16 dt 05.10.2015 – CIRs Min ScoresNBG/PBU/HL-HOME LOANS/31/2010 – 11-09.11.10 - CIR Rejections & Cir dt 181217NBG/PBU/AL-AUTOLOAN/45/2015 – 16 dt 17.12.2015 – Super Luxury CarNBG/PBU/AL-AUTOLOAN/4/2017 – 18 dt 30.05.2017 – Processing ChargesNBG/PBU/AL-AUTOLOAN/8/2017 – 18 dt. 16.08.2017 – waiver of Proc. ChargesNBG/PBU/AL-AUTOLOAN/5/2017 – 18 dt. 20.06.2017 – Disc to Int. ConcessionsNBG/PBU/AL-CARLOANS/6/2017 – 18 dt. 21.06.17 – Waiver of Pre-Insp. DSP a/csNBG/PBU/AL-CARLOANS/11/2017 -18-04th October 2017-100% fin for CSPNBG/PBU/AL-AUTOLOAN/9/2017 – 18 dt 29.09.17 – TAN Verification

Prepared By : ANV Subbarao, Chief Manager (Faculty), SBLC, Aurangabad (H)

6

SBI AUTO LOAN – VARIANTS (4, 5, 6)

SCHEME SBI COMBO LOAN SBI USED CAR LOAN SBI CERTIFIED PRE-OWNED CAR LOAN

PURPOSE Purchase of a Car and a Two Wheeler takentogether. No overdraft

Purchase of passenger cars, MultiUtility Vehicles (MUVs) and SUVs not more than five years old

for purchase of Certified Pre-Owned cars. The major car manufacturers that have established such certified Pre-owned car outletsthrough their dealer network only.

FACILITY Term Loan Term Loan Term Loan

ELIGIBILITY AGE:-21-65 years

Repayment before 70 Y Min NAI – For Salaried 2.50 lacsAgriculturists & Self-employed/Business – 4.00 lacs.

The maximum number ofapplicants should be restricted to two

AGE:-21-65 years

Repayment before 70 Y Min NAI – For Salaried 2.50 lacsAgriculturists & Self-employed/Business – 4.00 lacs.

The maximum number ofapplicants should be restricted to two

Age of the Car not more than eight years old.

Minimum NAI for all categories: Rs.200,000/-

SECURITY Hypothecation of vehicles Hypothecation of vehicle Hypothecation of vehicle

QUANTUM OF LOAN

No max. No OD facilitySalaried : The maximum 48 times the net monthly income of salaried persons.

Self-employed, Professionals, BusinessmenUp to 4 times the Net Profit or Gross Taxable Income per annum as per ITR, after adding back depreciation

AgriculturistsUp to 3 times the Net Annual Income.

Max: 15 lacs.

The maximum loan amount that can be granted would be restricted to 30 times thenet monthly income of salaried persons

In case of others, maximum loan amountwould be 2.5 times the net annual income

Minimum : Rs.1 lacs.Maximum : Rs.5 Lacs.

The maximum loan amount that can be granted would be restricted to 30 times thenet monthly income of salaried persons

In case of others, maximum loan amountwould be 2.5 times the net annual income

MARGIN 15% of the total cost of the vehicles ( Car and Two Wheeler taken together) i.e. “on road price”.

15.00%. Certificate of fitness/valuation from a reputed garage would be required

20% Valuation: Invoice of the dealers or the IDV as per the motor insurance policy whichever is less

7

SCHEME SBI COMBO LOAN SBI USED CAR LOAN SBI CERTIFIED PRE-OWNED CAR LOAN

EMI/NMI Upto Rs.5 Lakhs -50% Above Rs.5 Lakhs and uptoRs.10 Lakhs - 60%Above Rs.10 Lakhs - 70%

50.00% 50.00%

RATE OF INTEREST

NBG/PBU/AL-AUTOLOAN/14/2017 - 18Date: Mon 6 Nov 2017

PERIOD/REPAYMENT

Maximum 7 years within 7 years from the date of original sale

8 years minus the age of the vehicle at the time of applying for loansubject to a maximum tenure of 5 years

OTHER GUIDELINES

Reimbursement of cost of vehicles is not permitted.

The maximum cost of accessories should not exceed 5% of the cost of vehicle or Rs. 25,000/-, whichever is less.

Reimbursement of cost of vehicles is not permitted.

The maximum cost of accessories should not exceed 5% of the cost of vehicle or Rs. 25,000/-, whichever is less.

Reimbursement of cost of vehicles is not permitted.

Invoice of the dealers or the IDV as per the motor insurance policy whicheveris less

REFERENCE NBG/PBU/AL-AUTOLOAN/12/2017 - 18dt. 09.10.2017 – M.S.

NBG/PBU/AL-CARLOANS/26/2012 -13 dt 22.03.2013

NBG/PBU/AL-AUTOLOAN/12/2017 - 18dt. 09.10.2017 – M.S.

NBG/PBU/AL-AUTOLOAN/12/2017 - 18dt. 09.10.2017 – M.S.

NBG/PBU/AL-CARLOANS/41/2015 - 16dt. 19.11.2015

SBI AUTO LOAN – VARIANTS (7) - SBI CAR LOAN LITEThe following are the major features of “SBI Car Loan Lite” scheme: The scheme is applicable to Businessmen, Professionals & Self Employed and Agriculturists ‘under Tatkal Tractor Scheme’ who are engaged in economic activity which gives them income but have no proof of income.

Aadhar card of the borrower should be obtained. Age in respect of all applicants will be between 21 to 65 years

(a) Maximum loan amount: Rs 4.00 lacs. (b) Margin of 25% on on-road price. Margin amount is to be brought in by the applicant. No certificate from the dealer regarding receipt of margin money is to be accepted. (c) New Risk Scoring Model will be applicable. (d) No loan will be given for CIBIL score below 650. (e) Pre-sanction Survey of Residence and Work place will be conducted by Bank Official. The services of verification agencies will not be utilized for the purpose. (f) CirMac may decide to suspend sanctioning powers of car loans under this scheme in branches with higher NPA in car loans (say 1.50%). The details of the scheme and Risk Scoring Model applicable to the scheme are enclosed as Annexure-1 and Annexure-2 in the Circular NBG/PBU/AL-CARLOANS/13/2017 - 18 dt 26.10.2017Interest : NBG/PBU/AL-AUTOLOAN/14/2017 - 18Date: Mon 6 Nov 2017

Prepared By : ANV Subbarao, Chief Manager (Faculty), SBLC, Aurangabad (H)

8

SBI XPRESS CREDIT– VARIANTS (1, 2, 3)SCHEME SBI XPRESS CREDIT XPRESS CREDIT –

NON PERMANENT EMPLOYEES

XPRESS CREDIT – TEACHING & NON-TEACHING

PURPOSE for any legitimate personal purpose

for any legitimate personal purpose

for any legitimate personal purpose

FACILITY Term Loan or OD reducing DP

Demand Loan Term Loan or OD reducing DP

ELIGIBILITY Permanent employees with a minimum of 1 year’s length of serviceThe minimum Net Monthly Income (NMI) of the employee should be Rs.5000/-.

(a) CATEGORYI: Full CHECK OFFi) Salary a/c ii) S.I. iii)Letter of undertaking from employer to inform the transfer/resignation/ retirement of employeeiv) Undertaking from the employer to obtain a NOC from the Bank before settling the dues of the borrower on transfer, resignation, retirement etc(b) CATEGORY II: NO Check Off – only i & ii above

Minimum Net Monthly Income : Rs.10,000/-

• The salary account should have been with our Bank for the last one year.

• Should be working continuously in the Organisation/Institutionfor the last 3 years. Salary is credited in the account by the employer i.e., no cashpayment of salary.

• For contractual employee, the minimum remaining period of contact should be 12 months from the month of Repayment Start Date

Min. NMI is Rs.5,000/-.

Eligibility criterial for Private Schools and Colleges :

1. Private Schools and Colleges should be at least 15 years old and should be affiliated to CBSE/ ICSE/ UGC/AICTE etc.

2. These Schools & Colleges must have 5 years of banking relationship with us.

3. The number of employees (teaching and non-teaching) of such Institutes should not be less than 50.

SECURITY NIL Third Party Guarantee worth the amount of loan

NIL

QUANTUM OF LOAN

(i) Term Loan Minimum: Rs.25, 000/- Maximum: 24 times NMI

subject to maximum of Rs 15.00 lacs.

(ii) Overdraft Minimum: RS.5.00 lacs Maximum: 24 times NMI

subject to maximum of Rs 15.00 lacs.

12 times the average of last 6 months’ salary credit in the account butnot more than last month’s salary credit in the account subject to EMI/NMI not exceeding 40%.Minimum : Rs.50,000/-Maximum :(a) For NMI Income below Rs.50,000/- : Rs.2.00 lacs(b) For NMI Income of Rs.50,000/- and above : Rs.5.00 lacs.

Minimum: Rs.25, 000/-OD Minimum – 5 lacsMax : (a) For Teachers & Staff of Government Schools who are employees of the StateGovernment: 24 times NMI(b) For Teachers & Staff ofGovt. Aided /Semi-GovernmentSchools:12 months Gross Salary [Max ceiling of Rs 15 lacs]

9

SCHEME SBI XPRESS CREDIT XPRESS CREDIT – NON PERMANENT EMPLOYEES

XPRESS CREDIT – TEACHING & NON-TEACHING

MARGIN NIL NIL NIL

EMI/NMI 50.00% 40.00% 50.00%

RATE OF INTEREST

NBG/PBU/PL-MCLR/38/2017 – 18 Date: 3 Nov 2017

PERIOD/REPAYMENT

Maximum 60 months or residual service period whichever is less

prepayment charges of 3% on prepaid amount

Non-Permanent Employees other than Employees on Contract basis : 36 months.For Contractual employees: 36 months or the remaining period of expiry of Contact, whichever is lower. However, Contractual employee should have min. 12 months service left for expiry of the contract

Maximum 60 months or residual service period whichever is less.

prepayment charges of 3% on prepaid amount

OTHER GUIDELINES

Renewal of loans will be allowed after 24 months. Review of loan will be done yearly. Provision for 2nd Loan:Second Loan can be sanctioned after 1 year of disbursement of the 1st loan provided the 1st loan has been satisfactorily conducted and is regular at the time of sanction of 2nd Loan

A suitable Undertaking on the lines of Xpress Credit Loan scheme willbe given by the Employee (borrower) and Employer along with theloan application form.

prepayment charges of 3% on prepaid amount.

Permitted to Captive Branches cir dt 280617

For Pvt. Schools & Colleges:4.The number of employees (teaching and non-teaching) of such Institutes should not be less than 50. should not be government aided.

5. There should not be any default in contribution towards EPFO pertaining to the employees of these Private Schools and Colleges.

REFERENCE NBG/PBU/PL-XPRESS/35/2016 – 17 02.07.2016 -M.S.

NBG/PBU/PL-XPRESS/71/2016 - 17Monday,January 02,2017

Scoring Model -NBG/PBU/PL-PERLOANS/42/2016 - 17Thursday,August 11,2016

NBG/PBU/PL-XPRESS/13/2017 - 18dt. 05.07.17 – Campaign 01.07.17 to 30.09.2017

NBG/PBU/PL-XPRESS/35/2016 - 17dt 02.07.2016 – M.S.

NBG/PBU/PL-GENERAL/83/2016 - 17dt 01.02.2017

Scoring Model -NBG/PBU/PL-PERLOANS/42/2016 - 17dt 11.08.2016

Captive Brs - NBG/PBU/PL -XPRESS/11/2017 - 18Date : 28.06.2017

NBG/PBU/PL-XPRESS/35/2016 - 17dt. 02.07.2016 – M.S.

NBG/PBU/PL-XPRESS/49/2016 - 17Thursday,September 22,2016.

Scoring Model -NBG/PBU/PL-PERLOANS/42/2016 - 17Thursday,August 11,2016

Pre Sanction Survey Guidelines (for all Xpress Credit Variants) - 280917

Prepared By : ANV Subbarao, Chief Manager (Faculty), SBLC, Aurangabad (H)

10

SBI XPRESS CREDIT– VARIANTS (4, 5)

SCHEME SBI XPRESS CREDIT – IT EMPLOYEES

XPRESS CREDIT – ELITE

PURPOSE for any legitimate personal purpose for any legitimate personal purpose

FACILITY Overdraft (Reducing DP) Overdraft (Reducing DP)

ELIGIBILITY All Employers in IT/ ITeS industry who are member of NASSCOM.Employees with a minimum of 6 months length of service & should have salary accounts with SBI.The minimum Net Monthly Income (NMI) of the employee should beRs.25000.

(a) Applicant has CIBIL Score ≥ 800or (b) Applicant offers third party guarantee from a person working in the same company or spouse.However, applicants with CIBIL score less than 800 and unable to offer third party guarantee, will be permitted the maximum repayment period of 12 months only. Cir dt 29092017

Senior Officials working in Central/ State Governments establishments, Quasi Government Bodies, PSUs, Defence, with Gross Monthly Salary above Rs. 1,00,000/-.

(There is no compulsory requirement of him/ her maintaining salaryaccount with the Bank)

SECURITY NIL NIL

QUANTUM OF LOAN

18 Months Net Monthly Income of the employee.Minimum Loan Amount : Rs. 50,000/-Maximum Loan amount: Rs.10.00 lacs,

24 Months Net Monthly Income of the employee.Minimum Loan Amount : Rs. 3,00,000Maximum Loan amount: Rs. 20,00,000

MARGIN NIL NIL

EMI/NMI 50.00% 60.00%

RATE OF INTEREST

NBG/PBU/PL-MCLR/38/2017 – 18 Date: 3 Nov 2017

PERIOD/REPAYMENT

Maximum 36 months Maximum 60 months or residual service period whichever is less

OTHER GUIDELINES

No provision for 2nd loan. Fresh loans can be taken after liquidating the first loan.

Top up loan can be sanctioned after 1 year of disbursement of the 1st Loan

REFERENCE NBG/PBU/PL-XPRESS/44/2016 - 17Monday,August 22,2016

Scoring Model -NBG/PBU/PL-PERLOANS/42/2016 – 17 Thursday,August 11,2016

NBG/PBU/PL-PERLOANS/54/2016 - 17Thursday,October 20,2016.

Scoring Model -NBG/PBU/PL-PERLOANS/42/2016 - 17Thursday,August 11,2016

Prepared By : ANV Subbarao, Chief Manager (Faculty), SBLC, Aurangabad (H)

11

SBI XPRESS CREDIT VARIANTS (6)YONO - PRE APPROVED PERSONAL LOAN (PAPL)

(NBG/PBU/PL-PERLOANS/39/2017 – 18 Date: Mon 6 Nov 2017)

1 Purpose Any personal purpose other than speculative purposes.

2 Eligibility Bank’s existing customers will be pre-selected for this product offering based on following eligibility criteria:A. For CSP Account Holders:

Account should be opened with a CSP product code. (For e.g. CSP/ DSP/ PMSP/ SGSP etc.) If a Customer is having both, CSP as well as non-CSP Accounts, CSP Account will be considered for

eligibility purpose. Account should be in single name (Joint Accounts not eligible). Residential Status of the Customer should be “Resident Indian.”

Account should be KYC compliant. PAN is compulsory. Age of the customer should be between18-58 years. CIBIL cut-off score of 700. The account should be operative for at least one year. The customer should not have existing overdraft within SB account or SBI Insta-Credit Top up Loan or any clean OD. The SB account should have at least one credit every month for the last six months (the threshold is specified in the table below) Xpress Credit loan, if already availed, should be regular. None of the existing loan accounts under the CIF should have RG 4 and above. Only one Pre-Approved Personal Loan Account is allowed under one CIF at any time.B. For Other/ Non-CSP Customers having Regular Credits (like Salary, Pension, Rent, etc.)

The account should be in P-segment. Account other than those opened with a CSP product Code as mentioned above. If a Customer is having both, CSP as well as non-CSP Accounts, CSP Account will be considered for eligibility purpose. Account should be in single name (Joint Accounts not eligible). Residential Status of the Customer should be “Resident Indian.”

Account should be KYC compliant. PAN is mandatory. Account should be Aadhaar ceded. Age of the customer should be between 18-68 years. CIBIL cut-off score of 750. Account should

be operative for a minimum period of two years. None of the existing loan accounts under the CIF should have RG 4 and above. Only one Pre-Approved Personal Loan Account is allowed under one CIF at any time. The pre-selected customers will be intimated about their eligib ility / selection for PAPL through SMS/ email/ pop-up messages/ in-app notifications/the offer section of Internet Banking.

3 Nature of Facility Demand Loan Product Codes 64514213- MC-PREAPPROVED-PL FOR CSP 64514214- MC-PAPL OTHER THAN CSP

4 Availability of the Facility PAPL is available only through “YONO” App/ “yonosbi.com” Portal. The loan account will be parked in the Home Branch (which maintains the Savings Account considered for PAPL eligibility)

5 Loan Amount Minimum Limit: 25,000/- Maximum Limit: 1,00,000/-

6 Loan Tenure Minimum: 6 months Maximum: 12 months

7 Rate of Interest 560 bps above 1year MCLR (Fixed). 8 Security Nil (Unsecured Loan)

9 Processing Fee Nil 10 Moratorium Not Applicable

11 Repayment The Loan will be repayable by way of EMIs. Standing Instruction (SI) for EMI payment will be automatically set up on Savings Bank Account of the customer.

Loan Account will be closed / pre-closed by the Home Branch after recovering residual dues from the Customer’s Savings/ Current Account.

12

SBI PENSION LOAN VARIANTS (1,2,3)

SCHEME SBI PENSION LOAN JAI JAWAN PENSION LOAN

PENSION LOAN TO CMPF PENSIONERS

PURPOSE for any legitimate personal purpose

for any legitimate personal purpose

for any legitimate personal purpose

FACILITY Demand Loan Term Loan Demand Loan

ELIGIBILITY Regular Pensioners and Family Pensioners

Pensioners of Armed Forces, including Army, Navy and Air Force,Paramilitary Forces (CRPF, CISF, BSF, ITBP, etc), Coast Guards, Rashtriya Rifles and Assam Rifles whose Pension Payment Order iswith us.

All Coal Mine Provident Fund (CMPF) Pensioners (Except Family and Children Pensioner) whose pension accounts are maintained with the SBI. Maximum Age at the time of Sanction of Loan : 65 Years

SECURITY (a) TPG of Spouse eligible for family Pension.(b) In the absence of spouse, TPG of any other family member or a third party worth the loan amount (E-Manual 2016 - Part 8 ) Page no. 215

(a) TPG of Spouse eligible for family Pension.(b) In the absence of spouse, TPGM of any other family member or a third party worth the loan amount

Third Party Guarantee of a person good for theloan amount who has been maintaining a satisfactorilyconducted account with the Bank; preferablyspouse/son/daughter of the pensioners.

QUANTUM OF LOAN

Minimum Rs.25,000/=Maximum of 18 months’pension with a ceiling of(i) Rs.14.00 lacs forpensioners up to 72 Years.(ii) Rs.12.00 lacs forpensioners 72 upto 74 years(iii) Rs.7.50 lacs forpensioners 74 up to 76 yFamily Pensioners:Minimum : Rs.25,000/=Maximum of 18 months’ pension with a ceiling of(i) Rs.5.00 lacs upto 72 Years (ii) Rs.4.50 lacs for72 up to 74 years (iii) Rs2.50 lacs forabove 74 up to 76 years .

There is no minimum age bar under the scheme. The Maximum age at the time of availment of loan shouldbe 76 yearsMinimum Rs.25,000/=A. Maximum of 36 months’ pension with a ceiling of Rs.14.00 lacs forpensioners up to 56 Years.B. Maximum of 18 months’ pension with a ceiling of(i) Rs.14.00 lacs for above 56 years and up to of 72 years (ii) Rs.12.00 lacs for above 72 years and up to 74 years (iii) Rs.7.50 lacs above 74 years and up to 76 years.

Minimum Rs.25,000/-Maximum: 18 months’ Net Monthly Pension (NMP) but not exceeding Rs.3.00 lacs.

MARGIN NIL NIL NIL

EMI/NMI Regular Pensioners 50% Family Pensioners 33%

50.00% 50.00%

INTEREST NBG/PBU/PL-MCLR/38/2017 – 18 Date: 3 Nov 2017

13

SCHEME SBI PENSION LOAN JAI JAWAN PENSION LOAN

PENSION LOAN TO CMPF PENSIONERS

PERIOD/REPAYMENT

Regular & Family Pensioners:Up to 72 years 60 Monthsfull repayment - 77 years>72 upto 74 years – 48 Mfull repayment - 78 years > 74 up to 76 years- 24 Mfull repayment - 78 years

Up to 56 years 84 Monthsfull repayment - 63 years>56 upto 72 years – 60 Mfull repayment - 77 years > 72 up to 74 years- 48 Mfull repayment - 78 years> 74 up to 76 years- 24 Mfull repayment - 78 years

60 EMIs, commencingafter one month of the disbursal of the loan.

OTHER GUIDELINES

Top-up loan (2nd loan) can be sanctioned to Pensioner and Family pensioner after 1 year of disbursement of the 1st loan provided the 1st loan has been satisfactorily conducted.

No provision of 2nd loan. Fresh Loans can be taken after liquidating the first loan only after 12 months

Top-up loan (2nd loan) can be sanctioned to Pensioner and Family pensioner after 1 year of disbursement of the 1st loan provided the 1st loan has been satisfactorily conducted.

REFERENCE NBG/PBU/PL-PERLOANS/42/2014 -15 Thursday,October 09,2014

NBG/PBU/PL-PERLOANS/41/2014 -15 Saturday,October 04,2014

(E-Manual 2016 - Part 8 )

NBG/PBU/PL-JAI JAWAN/15/2016 -17Wednesday,May 11,2016.

NBG/PBU/PL-PENSION/66/2016 - 17Thursday,December 22,2016.

Prepared By : ANV Subbarao, Chief Manager (Faculty), SBLC, Aurangabad (H)

14

SBI MORTGAGE LOAN – VARIANTS (1, 2)

SCHEME LOAN AGAINST PROPERTY SCHEME (LAP)

SBI REVERSE MORTGAGE LOAN

PURPOSE Any personal purpose such asmeeting expenditure on education,marriage, healthcare, etc. otherthan speculative purposes.

Loans under SBI LAP will not be permitted for Business Purposes

To provide a source of additional income for senior citizensof India who own self-acquired and self-occupied houseproperty in India. Supplementing income, any personal expenses,house repairs, etc

FACILITY Term Loan (No Overdraft facility) Non-renewable Overdraft

ELIGIBILITY Employees, Professionals andSelf-employed Individuals who areIT assesses, Non Resident Indians(NRIs) who own residentialproperty or commercial property inhis/her own name or in the nameof spouse/ children/parent/siblings.

Minimum Net Monthly Income ofRs. 25,000/ (or Rs. 3 lacs perannum).In addition to the applicant’s income, income of spouse/ children/parents/ siblings may also be considered for arriving at maximum loan amount provided they are joining the loan as coborrower/ guarantor

Single (subject to conditions) or jointly with spouse.Age of first borrower above 60 years. No. ofsurviving spouses on the date ofsanction of loan Should not be more than one. Borrowers will have to give an undertaking that they will not remarry during the currencyof the loan. If the borrowers choose to remarry, the loan will be foreclosed.

Minimum age of spouseWhen loan is availed jointly with the spouse Above 58 yearsWhen loan is availed in single nameNot applicable (spouse is not a co-borrower)

SECURITY (i) Equitable mortgage of the Property.Non-encumbered, non-agriculturaland SARFAESI compliant(i) Commercial Properties(ii)Residential house/flat in thename of borrowers/ guarantors.However, loan will not be made available on mortgage of an open plot, under construction property and Industrial Property and also on properties located outside the municipal area and in RUSU area i.e. places with population upto 1 lac.Note : >10000 -1 lac will also be eligible in Goa & Kerala – Cir 160917

Borrower should be staying at self-acquired and self owned house /flat.Equitable mortgage ofresidential property. Value of the house under Reverse Mortgage Loan Scheme should be taken as Primary SecurityPeriodicity of availing loan

Monthly / quarterly payments Lumpsum payment:

Limit under the lumpsum payment upto 50% of the total limit sanctioned. Remaining 50% of the limitto be disbursed through periodic payments

QUANTUM OF LOAN

(i) Minimum Loan Amount: Rs. 10lacs(ii) Maximum Loan Amount: Rs.7.50 crores, subject to location ofthe property as mentionedin Circular

The loan amount would be 90% of the realizable value of property.

Loan amount would include interest till maturity.

15

SCHEME LOAN AGAINST PROPERTY SCHEME (LAP)

SBI REVERSE MORTGAGE LOAN

MARGIN NA NA

LTV RATIO Upto Rs. 1 crore - 65%Above Rs. 1 cr & upto Rs. 7.50 cr - 60%

NA

EMI/NMI >Rs. 3 lacs <= Rs. 5 lacs -50%>Rs.5 lacs <= Rs. 10 lacs - 55%>Rs. 10 lacs - 60%

NA

RATE OF INTEREST

NBG/RE,H^HD-HL/38/2017 – 18 Date: Tue 7 Nov 2017

PERIOD/REPAYMENT

Minimum: 5 years Maximum: 15 years, subject toconditions mentioned hereunder,(i) Where more than 50% of theNMI is coming from salary,profession or business:Maximum 15 years or before theeldest borrower attains the age of70 years provided the expected lifeof the property, as certified by anempanelled engineer/architect, isat least 5 years more than the loantenor.(ii) Where more than 50% of theNMI is coming from RentalIncome:Residual lease period of the rentedproperty or 15 years whichever islower.

Loan TenorWhen loan is availed jointly with the spouseIf age of the younger of the borrowers is above 58 and upto 68 years : 15 yearsIf age of the younger of the borrowers is above 68 years : 10 years

When loan is availed in single nameAs per the age of the borrower.If age of the borrower is above 60 and upto 68 years: 15 yearsIf age of the borrower above 68 years : 10 years

OTHER GUIDELINES

Loan under LAP should beliquidated before eldest borrowerattains the age of 70 years.

Scoring Model applicable for‘Home Top-up Loan Scheme’ willbe used for LAP

Residual Life of propertyShould be at least 20 years in case of single borrower and 25 years in case of spouse being below 60 years of age.Certificate from empanelled engineer/architect will be required to be obtained for this purpose, in addition tovaluation of property.

REFERENCE NBG/RE,H&HD-HL/33/2016 - 17Thursday,October 13,2016

NBG/RE,H&HD-HL/7/2017 - 18Monday,May 08,2017 – M.Cir.

NBG/RE,H&HD-HL/64/2016 - 17Friday,March 03,2017 - Application

Scheme Modifications – Cir dt 160917

NBG/RE,H&HD-HL/7/2017 - 18Monday,May 08,2017 – M.Cir.

Prepared By : ANV Subbarao, Chief Manager (Faculty), SBLC, Aurangabad (H)

16

SBI HOME LOAN – VARIANTS (1, 2)

SCHEME HOME LOAN HAMARA GHAR

PURPOSE *purchase a plot of land for purpose of construction of house purchase /construct a new house/flat purchase an existing (old) house / flat or extend an existing house repair or renovate an existing house /flat takeover of Home Loans from other Banks/HFCs/FIs furnishing/interiors as part of the project cost. re-imbursement of investment made from own resources during the preceding 12

months for purchase of house/flat/construction of house/repair and extension of house

FACILITY Term Loan Term Loan

ELIGIBILITY Individual(s) over 18 years of age with steady source of income, includingpersons engaged in agriculture & allied activities.

In case the property holder is not having independent source of income, the income earning near relative may join as co-borrower/ guarantor for the loan and his or her income can be taken forarriving at loan eligibility. Maximum age limit for a Home Loan borrower is fixed at 70 years, i.e. the age by which the loan should be fully repaid.

No. of Co-Borrowers:

Restricted to maximum 3 including spouse/children/parents/siblings

SECURITY Primary: Ordinarily an equitable mortgage by deposit of title deeds.Provision of accepting liquid securities in lieu of mortgage of residential unit

QUANTUM OF LOAN

Maximum loan amount will be lowest of loan amount assessed on the basisof

a) Permissible EMI/NMI ratiob) Maximum permissible LTV ratioc) Loan amount applied for

ii) Adding cost of furnishings/ interior to the cost of house/flat:10% of the cost of the house/flat or Rs. 25 lacs, whichever is lower

Maximum Loan for repairs / renovations should not normally exceed Rs 10 lacs

Assessment as per Home Loan Scheme But the Maximum Cap is Rs. 30 lacs

MARGIN NA

EMI/NMIRATIO

<= Rs. 1.20 lac 20% >Rs. 1.20 lac &<= Rs. 3 lacs 30%>Rs. 3 lacs &<= Rs. 5 lacs 55% > Rs. 5 lacs &<= Rs. 8 lacs 60%> Rs. 8 lacs &<= Rs. 10 lacs 65% > Rs. 10 lacs 70%

17

SCHEME HOME LOAN HAMARA GHAR

LTV RATIO Upto Rs. 30 lacs 90%Above Rs. 30 L upto Rs. 75 lacs – 80%Above Rs. 75 lacs 75%Stamp Duty, Registration Charges and other documentation charges has beenpermitted to be added to the cost where the total project cost of the dwelling unit does not exceed Rs.10 lacs. (NBG/PBU/HL-HOME LOANS/7/2015-16 dated 27.04.2015)

Upto 90%

LTV Ratio Cir Dated 02082017

RATE OF INTEREST

NBG/RE,H^HD-HL/38/2017 – 18 Date: Tue 7 Nov 2017

Concessional interest rate is available to women borrowers under Her Ghar Scheme, subject to compliance of the following eligibility criteria;(i) Woman should be the sole applicant or one of the co-applicants for Home Loan, and also(ii) The woman should be the sole owner or one of the co-owners of the property proposed to be financed by the Bank.

NBG/RE,H^HD-HL/38/2017 – 18 Date: Tue 7 Nov 2017

The interest rate in the account will automatically get switched over to the prevailing 1 year MCLR linked floating interest rate with the same spread (as applicable as on the date of sanction)at the end of the fixed period of 2 years.

PERIOD/REPAYMENT

Upto 30* years subject to liquidation of the Home Loan before the borrowerreaches the age of 70 years

OTHER GUIDELINES

No pre-payment and or pre-closure penalty will be levied on Home Loansirrespective of the period

Pre-payment penalty @ 2% plus Service Tax will be levied onthe loans foreclosed/prepaid amount during the initial fixedtenor of 2 years.

REFERENCE NBG/RE,H&HD-HL/7/2017 - 18Monday,May 08,2017 – M.Cir.

NBG/RE,H&HD-HL/5/2017 - 1819.04.2017 -Modifications in Operatimg Instructions

NBG/RE,H&HD-HLC/MC/3/2017 - 1803.04.17– Com. for Marketing of Hls

NBG/RE,H^HD-HL/18/2017 - 18Date : Monday 03rd July 2017 – Take over loans processing Charges

TIR SOP 250917 & HL TIR 131017

NBG/RE,H^HD-HOMETOP/42/ 2017 – 18 dt.27.11.17– Switchover Fee

NBG/RE,H&HD-HL/49/2016 - 17Wednesday,January 04,2017

USAGE OF CREDIT INFORMATION REPORTS (CIRs) for all Home Loan Products - NBG/RE,H^HD-HL/19/2017 – 18 Date : Thursday - 13th July 2017

Processing Charges Waived up to 31.12.17Cir No. NBG/RE,H^HD-HL/25/2017 - 18Date : Monday - 04th September 2017.

Interest Rate Concessions- disc. Powerscir dated 28092017 (for all HL products)HL Clarification reg GST Cir dt 12102017

Hls - Simple Insurance Policy NBG/PBU/ MCS-MCS/43/2017 – 18 dt 271117

Prepared By : ANV Subbarao, Chief Manager (Faculty), SBLC, Aurangabad (H)

18

SBI HOME LOAN – VARIANTS (3, 4)

SCHEME SBI HOME TOP-UP LOAN INSTA HOME TOP-UP LOAN

PURPOSE Any personal purpose such as meetingexpenditure on education, marriage, health care, repair/renovation/furnishing of the house, etc. other than speculative purpose. A certificate to this effectwill be obtained from the customer in theapplication itself and no documentary evidence for end use of the fund will be insisted upon

Any personal purpose other than speculative purpose.A declaration to this effect has been included in the ‘Terms &Conditions’ accepted by the borrower. Acceptance of Termsand Conditions will be validated using a “One Time Password(OTP)” sent to the borrower’s registered mobile number.

FACILITY 1. Top up Loans upto Rs. 20 lacs: only Term Loan facility (No overdraft facility),2. Top up Loans above Rs. 20 lacs and upto Rs. 2 crores: both TL & OD.3. Top up Loans above Rs. 2 crores and upto Rs. 5 crores: only TL (No OD)

Overdraft (with reducing drawing power).

ELIGIBILITY Category 1: All new Home Loan customers, acquiring Ready to move in Properties, simultaneously along with new Home Loans and all existing Home Loan customers having less than 12 months satisfactory repayment track record provided,a. Home Loan limit is more than Rs. 30 lacs, b. Where the Market Value of the property as per the Valuation Report obtained at the time of sanction of Home Loan is minimum 10% more than the ‘Value’ mentioned in ‘Agreement to Sale’ or ‘Sale Agreement’.c. Possession of the property has either already been taken and mortgage on the property has been created or possession of the property and mortgage in favour of the Bank is expected to be completed before disbursement of Top-up Loan.Category 2:All existing Home Loan Borrowers who are eligible for Home Top up Loan as per the extant guidelines i.e. existing Home Loan borrowers with a satisfactory repayment track-record of atleast oneyear where possession is available with the borrower and the mortgage of the property has been created in favour of the Bank.

Existing Home Loan customers will be pre selected for offering this product based on following eligibility:(a) Minimum Home Loan Limit of Rs. 20 lacs with INB facility,(b) Minimum residual tenure of Home Loan of 5 years,(c) Satisfactory track record of 3 years or more,(d) The customer should not have any live Home Top-up Loan,(e) No instance of the Home Loan account slipping to RG- 3 or further in the past,(f) CIBIL Score of 700 or higher,(g) Maintaining Saving Bank Account linked with CIF of Home Loan.Based on the above mentioned conditions, existing Home Loan borrowers will be pre-selected and a Pop-up conveying the Insta Home Top-up Loan offer will be shown to the selected customers when they access their account through INB.

The offer made to pre-selected customers will be valid for a period of 30 days from the date of activation of the offer on Internet Banking (INB) site.

19

SCHEME SBI HOME TOP-UP LOAN INSTA HOME TOP-UP LOAN

SECURITY (i) Top-up loan upto Rs. 5 lacs:Extension of the mortgage on the residential property already mortgaged with the Bank will not be mandatory. (ii) Top-up Loans above Rs. 5 lacs:Extension of mortgage on the residential property already mortgaged with the Bank will be mandatory in all cases.

An undertaking from the borrower will be obtained online, authorizing the Bank to hold original Title Deeds of the houseproperty already mortgaged to the Bank for Home Loan, till the liquidation of all loans including the proposed Insta Top Up Loan. However, extension of mortgage of house will not be obtained.

QUANTUM OF LOAN

Category-1 borrowers mini Rs. 2 lacs and max.Rs. 50 lacs:Upto Rs. 75 lacs -10% of HL LimitAb ove Rs. 75 lacs 15% of HL Limit Category-2 borrowers Min Rs. 2.00 lacs and max. Rs. 5 crores.

5% of the Home Loan Limit, subject to Minimum of Rs. 1,00,000/- and Maximum of Rs. 5,00,000/-

LTV RATIO Upto Rs. 75 lacs 80%Above Rs. 75 lacs 75%

NA

EMI/NMI Rs. 3 lacs & upto Rs. 5 lacs 55%Above Rs.5 lacs & upto Rs.10 lacs 60%Above Rs. 10 lacs 70%

NA

RATE OF INTEREST

NBG/RE,H^HD-HL/38/2017 – 18 Date: Tue 7 Nov 2017

1% above 1 year MCLR, current effective rate 9% p.a. Interest rate, subject to interest rate reset at the end of every year from the date of first disbursement on the basis of prevailing 1 year MCLR as on the date of reset.

PERIOD/REPAYMENT

The maximum permissible tenor of the loan will be the residual tenure of underlying Home Loan or 15 years, whichever is higher, subject to liquidation of the loan before the borrower attains the age of 70 years.

Residual Maturity of underlying Home Loan Above 60 months but upto 120 months - Term 60 monthsAbove 120 months – Term 120 months.SI for EMI repayment will automatically be set up on Saving Bank account.

OTHER GUIDELINES

At any point of time not more than two loans will be allowed to exist under the proposed scheme. Second loan may be considered only after a gap of one year from the date of disbursement of first loan. No pre-closure charges.

At any point of time, only one `Insta Home Top-Up Loan’ will be permitted. Second Insta Home Top-up Loan will bepermitted considered only after a gap of one year , subject to the condition that the 1st loan is closed. No pre-closure charges.

REFERENCE NBG/RE,H&HD-HL/7/2017 - 18Monday,May 08,2017 – M.Cir. NBG/RE,H&HD-HOME TOP/7/2016 -17 Thursday,April 07,2016.NBG/RE,H&HD-HOME TOP/4/2015 -16 Monday,June 15,2015NBG/PBU/HL-HOME LOANS/31/2014 15 Wednesday,December 17,2014

NBG/RE,H&HD-HOME TOP/48/2016 -17 Wednesday,January 04,2017.

Prepared By : ANV Subbarao, Chief Manager (Faculty), SBLC, Aurangabad (H)

20

SBI HOME LOAN – VARIANTS (5, 6)SCHEME SBI PRIVILEGE HOME LOAN &

SBI SHAURYA HOME LOANSBI FLEXI PAY HOME LOAN

PURPOSE As applicable to Normal Home Loan.An innovative Home Loan product tailor made to the requirements ofemployees with pensionable service.

As applicable to Normal Home Loan.But, the borrower is offered options of paying lower EMIs during the initial years and step-up the EMIs in subsequent years.

ACILITY Term Loan (No Overdraft facility). Term Loan (No Overdraft facility).

ELIGIBILITY SBI Privilege Home Loan: Employees of Central / State Governments (including PSBs, PSUs of Central Government, and other individual(s) with pensionable service. SBI Shaurya Home Loan: Defense Personnel belonging to Army, Navy and Air force. Minimum: 18 yearsMaximum: 75 years by which time the loan should be fully repaid.

All salaried applicants with minimum 2 year experience. Minimum Age: 21 years & Maximum Age: 45 years.

No minimum NMI limit.

However, the minimum loan amount under the scheme will be Rs. 20 lacs.

SECURITY As applicable to Normal Home Loan As applicable to Normal Home Loan

QUANTUM OF LOAN

Minimum Loan AmountRs. 10 LacsMaximum Loan AmountRs. 50 Crores.

Minimum Rs. 20 Lacs Maximum : 1.2 times the loan quantum calculated as per the normal EMI/NMI Ratio method, subject to stipulated LTV norms. However, customer will be free to choose lower loan .

LTV RATIO As applicable to Normal Home Loan As applicable to Normal Home Loan

EMI/NMI (a) Where age of the eldest salaried borrower is up to 45 years:>Rs. 3L &<= Rs. 5L 55%>Rs. 5L &<= Rs. 8 L 65%>Rs. 8L &<= Rs. 10 L 70%>Rs. 10 Lacs 75%(b) above 45 years:>Rs. 3L &<= Rs. 5L 55%>Rs. 5L &<= Rs. 8 L 65%>Rs. 8L &<= Rs. 10 L 70%>Rs. 10 Lacs 75%EMI / NMI Ratio Post Retirement 50%

EMI for the purpose of calculation of EMI/NMI ratio for arriving at the loan quantum will be worked outbased on the number of EMIs for full loan tenor i.e. 360 EMIs in case of 30 year loan, 300 EMIs in case of 25 year loan and so on.

RATE OF INTEREST

NBG/RE,H&HD-HL/50/2016-17 dated 04.01.2017

(a) Where check-off facility is provided – Interest rate applicable to women will be applicable to men/others also after taking into consideration the rateapplicable based on the Risk Grade and limit. (b) Where check-off facility is not available – Interest rates as applicable to general public will be applicable after taking into consideration the Risk Grade, gender and limit..

As applicable to Home Loan (Term Loan)

NBG/RE,H^HD-HL/38/2017 – 18 Date: Tue 7 Nov 2017

21

SCHEME SBI PRIVILEGE HOME LOAN &SBI SHAURYA HOME LOAN

SBI FLEXI PAY HOME LOAN

PERIOD/REPAYMENT

Minimum: 60 months.Maximum: 360 months or upto the age of 75 years (the age by which the loan should be fully repaid)(a) Where age of the eldest salariedborrower is up to 45 years:

As applicable to normal Home Loan scheme i.e. by way of EMI.

(b)Where age of the eldest salariedborrower is above 45 years:a. During Moratorium Period - Only interest accrued for the month to be repaid b. Upto the month of retirement[EMI as per applicable EMI/NMIratio] X [Ratio of Loan Amount toTotal Loan Eligibility]c. Post retirement term - Terminal EMI# Terminal EMI refers to the EMI which fully amortizes the outstanding Home Loan balance as on the month of retirement over the remaining loan term.

Minimum: 25 years & Maximum: 30 years.However, borrowers will have the freedom to make pre-payments

Monthly Repayment

During moratorium period Only interest debited in the account is to be repaid.

Next 36 Months 100% of EMI*

Next 36 Months 105% of EMI*

Balance term Terminal EMI - EMI whichfully amortizes the remaining dues/outstanding in the Home Loan account within the balance term.

*EMI arrived at after considering full loan tenor (Ex. 360 months for 30 year loan, 300 months for 25 year loan and so on).

OTHER GUIDELINES

Moratorium (a) Where age of the eldest salariedborrower is up to 55 years:Same as Home Loan scheme.(b) Where age of the eldest salariedborrower is above 55 years:Upto 18 months.However, borrowers above 45 years of age should be dissuaded from selecting moratorium period. Total HomeLoan eligibility arrived at on the basis of aforementioned EMI/NMI ratio will be estimated after taking loan term netof any moratorium period selected by the borrower.

Start-up/MoratoriumPeriod. For ready to move in properties: upto 36 Months.For under construction properties: upto 36 months plus remaining construction period (i.e. from the dateof sanction to the expected date of completion), subject to a maximum moratorium period of 60 months.However, interest must be serviced during the selected start-up/moratorium period

REFERENCE NBG/RE,H&HD-HL/7/2017 - 18Monday,May 08,2017 – M.Cir.

NBG/RE,H&HD-HL/19/2016 - 17Monday,August 01,2016

Rate of Interest Clarification :NBG/RE,H^HD-HL/13/2017 - 18Date : Monday 05th June 2017Special Interest Rates for above 75 lacs 15062017

NBG/RE,H&HD-HL/7/2017 - 18Monday,May 08,2017 – M.Cir.

NBG/RE,H&HD-HL/39/2015 - 16Thursday,January 28,2016

NBG/RE,H&HD-HL/40/2015 - 16Tuesday,February 02,2016 - CRITICAL STEPS & PROCEDURESFOR SETTING UP OF REPAYMENT SCHEDULE, SI / ACH

Prepared By : ANV Subbarao, Chief Manager (Faculty), SBLC, Aurangabad (H)

22

SBI HOME LOAN – VARIANTS (7, 8)SCHEME HOME LOANS TO NON-SALARIED

SEGMENT DIFFERENTIAL OFFERINGS

SBI REALTY SCHEME

PURPOSE Home Loans for the purpose ofconstruction / acquisition of residentialhouse/flat, takeover of Home Loansfrom other Banks/HFCs andrepair/renovation of existing house/flat.The proposed house property may beacquired either in the sole names ofindividuals or jointly in the name of theIndividuals and their Proprietorshipfirms, subject to the condition that theshare of Individual applicants in theproposed property is not less than50%. Loans for purchase of residential plot will continue to be processed underSBI Realty Loan Scheme.

• Purchase of a residential plot locatedwithin the municipal/ corporation area ofUrban/Metro Centres with population of 1lac and above as per the latest availablecensus data for the purpose ofconstruction of a house.

• Purchase of Plots located outsidemunicipal/corporation area will bepermitted only in cases where the plots areallotted/developed by Government Bodies/Development Authorities such as DDA, HUDA, BDA, LDA, etc.

FACILITY (i) Loan upto Rs. 20 lacs: only TermLoan facility (No overdraft facility),(ii) Loan above Rs. 20 lacs and uptoRs. 3 crores: both Term Loan andOverdraft facility.(iii) Loan above Rs. 3 crores: onlyTerm Loan facility (No O.D. facility).

Term Loan. ( No OD facility)

ELIGIBILITY Professionals/ Self-Employed/Businessmen who are over 18 years ofage with a minimum Risk Grade of 6on a scale of 1 to 10 under Bank’s RiskScoring Model.

Wherever the applicant is Proprietor ofa Proprietorship firm or is one of thepartners in a Partnership Firm or is oneof the Directors in a Company, thefirm/Company:

• Should be in existence for atleast last3 years, • Must have earned Net Profit in the last two years,• Existing Credit Facilities, if any, should be Regular and Standard.Opinion Report in this regard will beobtained from the existing Bankers,• Wherever the proposed House Property is acquired in joint names of the Proprietor and the Proprietary Firm, the firm should be our existing borrower or a debt free entity

As per Home Loans Scheme.

Maximum time period stipulatedfor construction of house - 5 years from the date of first disbursement of the Loan.Borrower will be required to submit completion certificate of thehouse within the stipulated period of 5 years. An undertaking to this effect will be obtained.

23

SCHEME HOME LOANS TO NON-SALARIED SEGMENT DIFFERENTIAL OFFERINGS

SBI REALTY SCHEME

SECURITY (i) Equitable mortgage of the propertyto be acquired with the help of Bankfinance, (ii) Guarantee of the Firm if theproperty is jointly owned by the Firmand the individual and (iii) Wherever additional EMI/NMI ratio has been granted Liquid Collateral as mentioned above will be obtained along with Form-A or A-1 or A-2, as the case may be.

(i) Equitable mortgage of the plot of land proposed to be purchased.

(ii)Interim guarantee of an individual good for the loan amount (to cover the period from the date of sanction and date of creation of equitable mortgage).

QUANTUM OF LOAN

Minimum: Rs. 50,000/-Maximum: Rs. 50 crores. (10% of the cost of the house/flat or Rs. 50 lacs, w.e.lower for Iteriors/Furnishings)

Minimum: Rs. 5 lacsMaximum: Rs. 15 crores

LTV RATIO As per Normal Home Loan Scheme Upto 75 lacs 70% Above Rs. 75 lacs 60%

EMI/NMI <= Rs. 1.20 lac 20%>Rs. 1.20 lac & <= Rs. 3 lacs 30%>Rs. 3 lacs & <= Rs. 5 lacs 55%> Rs. 5 lacs & <= Rs. 8 lacs 60%> Rs. 8 lacs & <= Rs. 10 lacs 65%> Rs. 10 lacs 70%

>Rs. 3 lacs & <= Rs. 5 lacs 40%> Rs. 5 lacs & <= Rs. 8 lacs 50%> Rs. 8 lacs & <= Rs. 10 lacs 55%> Rs. 10 lacs 60%

RATE OF INTEREST

NBG/RE,H^HD-HL/38/2017 – 18 Date: Tue 7 Nov 2017

NBG/RE,H^HD-HL/38/2017 – 18 Date: Tue 7 Nov 2017

PERIOD/REPAYMENT

By way of EMIs in Maximum 30 yearsor upto the age of 70 years of theeldest applicant, whichever is earlier,including moratorium period

Maximum of 120 months. No moratorium period will be permitted in any case. EMIs will commence from the next monthfrom the month of disbursement

OTHER GUIDELINES

Maximum permissible loan amount iscalculated based on Net AnnualIncome appearing in the latest ITR.IT Returns for last three years areobtained and scrutinized. Anydisproportionate variation in incomes,say more than 20%, in current yearincome as compared to the previousyear is examined judiciously and theSanctioning Authority is required toascertain the reasons for suchvariations.

Borrowers opting for Home Loans for construction: Home Loans for a consolidated amount i.e. outstanding in SBI Realty account and also for construction of house will be sanctioned to the customers, who intend to construct house on the open plot financed by us. The outstanding in SBI Realty account will be first liquidated through disbursement from HomeLoan and remaining amount will be disbursed for construction of house in phases linked to the stages of construction.

REFERENCE NBG/RE,H&HD-HL/53/2016 - 17Thursday,January 05,2017NBG/RE,H&HD-HL/7/2017 - 18Monday,May 08,2017 – M.Cir.Special Interest Rates for above 75 lacs 15062017

NBG/RE,H&HD-HL/61/2016 - 17Thursday,February 09,2017NBG/RE,H&HD-HL/40/2016 - 17Wednesday,November 23,2016NBG/RE,H&HD-HL/7/2017 - 18Monday,May 08,2017 – M.Cir.

Prepared By : ANV Subbarao, Chief Manager (Faculty), SBLC, Aurangabad (H)

24

SBI HOME LOAN – VARIANTS (9, 10)

SCHEME SBI BRIDGE HOME LOAN EARNEST MONEY DEPOSIT SCHEME(LOAN FOR EARNEST MONEY FOR ALLOTMENT OF A HOUSE)

PURPOSE Loan to meet shortfall in funds for purchase a new home/flat.Loans under this scheme for purchase of residential plot and also under our Flexipay Scheme and SBI privilege/Shaurya will not be permitted. However, loans under NRI Home Loan, CRE Home Loan and Maxgain will be permitted along with SBI Bridge Loan

To finance applicants for earnest money for booking of residential plots/built-up houses being sold by Govt. housingagencies like Urban Development Authorities like PUDA, HUDA and Housing Boards

FACILITY Term Loan (No Overdraft Facility). Demand Loan

ELIGIBILITY The applicant for Bridge Home Loan should satisfy each of the below mentioned eligibility criterion,a. Individuals who are owners of an unencumbered house/flat and who intend to sell the existing home/flatfor meeting temporary shortfall in cost for acquiring new home/flat,

b. The underlying home/flat, against which Bridge Home Loan is sought, should be a fully constructed propertyand in the possession of the applicants,

c. The home/flat, against which Bridge Home Loan is sought, should be located within the municipal/corporation area of BPR centres.

d. In case of joint ownership of the existing property, against which Home Bridge Loan is sought, all coownersof the property should also join as co-borrowers for the Bridge Loan

No minimum income criterion is stipulated.

Individuals above 21 years of age with a steady source of income.

SECURITY Equitable mortgage of the SARFAESI compliant existing residential property against which Home Bridge Loan issanctioned by the Bank.

Waived, subject to :(i) Allotment letters / refund orders should be routed through SBI.(ii) Lump sum amount equal to 6 month’s interest to be taken upfront.(iii) 2 PDCs one for the principal amount of EMD and another towards interest for the next 6 months shouldbe taken to meet the eventuality of refund getting delayed.

25

SCHEME SBI BRIDGE HOME LOAN EARNEST MONEY DEPOSIT SCHEME(LOAN FOR EARNEST MONEY FOR ALLOTMENT OF A HOUSE)

QUANTUM OF LOAN

Minimum Rs. 20 lacs,Maximum: Rs. 2 crores.

The maximum permissible Bridge Loan amount will be assessed on the basis of the lowest value arrived at from undernoted three eligibility criteria:

(i) 65%, if market value of the existing property is upto Rs. 1 crore, or(ii) 60%, if market value of the existing property is above Rs. 1 crore, or(iii) 90% of the cost of proposed home/flat. The Net Monthly Income of the applicants, as per their latest salary slip or ITR, should be atleast 150% of the expected repayment towards interest on Bridge Home Loan.

LTV Ratio of the existing housing property will be calculated based on Valuation Report not more than 3months old.

100% of application money, subject to maximum of Rs.10 lacs.

(Care should be taken to finance only genuine applicants and not to speculative buyers. One person can be financed only for one application at any point of time.)

Margin : Waived, subject to:(i) Allotment letters / refund orders should be routed through SBI(ii) Lump sum amount equal to 6 month’s interest to betaken upfront.

LTV RATIO As mentioned above MARGIN waived subject to allotment letters /redund orders routed through SBI

EMI/NMI Wherever customers avail Home Loans simultaneously with Bridge Loan, eligibility for Home Loan will continue tobe calculated based on our extant instructions under Home Loan Scheme i.e. EMI/NMI Ratio and LTV normstaking into account capitalization of interest during moratorium period.Servicing of interest amount likely to be debited in Bridge Loan account will not be considered for arriving at EMI/NMI ratio of underlying Home Loan.

As per Normal Housing Loan Schem

RATE OF INTEREST

NBG/RE,H^HD-HL/38/2017 – 18 Date: Tue 7 Nov 2017

NBG/RE,H^HD-HL/38/2017 – 18 Date: Tue 7 Nov 2017

26

SCHEME SBI BRIDGE HOME LOAN EARNEST MONEY DEPOSIT SCHEME(LOAN FOR EARNEST MONEY FOR ALLOTMENT OF A HOUSE)

PERIOD/REPAYMENT

Maximum 2 years. The Bridge Home Loan needs to be repaid in full by theborrower any time during the maximum loan tenure of 2 years, in one or more number of installments. No EMIs willbe stipulated for Bridge Loan by the Bank during the loan tenure of 2 years.However, interest on Bridge Loan needs to be serviced every month. Interest on Home Bridge Loan will not be capitalized.

In case of unsuccessful applicants – on receipt of refund from the Housing Board/Urban Development Authority.In case of successful applicants – lump sum repayment of the loan. If the applicant avails a regular Home Loan from us for purchase of house allotted to him/her or for construction of house on plot allotted to him/her, the loan may be paid out of the proceeds of the Home Loan.(Sanctioning authority may allow longer period for repaymentdepending upon merits of each case, but not more than 12 monthsfrom the date of disbursement of the loan)No penalty for prepayment.

OTHER GUIDELINES

Moratorium for the proposedHome Loan Wherever Home Loan is also sought simultaneously with Bridge Loan, a moratorium period will be extended to the proposed Home Loan as per the extant instructions, subject to minimum equivalent to the tenure of the underlying Bridge Home Loan of 2 years.

Place to avail Bridge Loan :Both Bridge Loan against the existing house/flat and Home Loan for purchase of new house/flat should be availed simultaneously at the same branch and will be processed simultaneously by the same CPC/LPC/Branch.Both the accounts should be parked in the same Branch for effective monitoring.

SecurityDocumentsi) Arrangement Letterii) D.P. Note and D.P. Note Delivery letter.iii) An undertaking from the borrower to deposit the refund amount/lump sum repayment of the loan with interest.

REFERENCE NBG/RE,H&HD-HL/51/2016 - 17Wednesday,January 04,2017

NBG/RE,H&HD-HL/7/2017 - 18Monday,May 08,2017 – M.Cir.

NBG/RE,H&HD-HL/7/2017 - 18Monday,May 08,2017 – M.Cir.

Prepared By : ANV Subbarao, Chief Manager (Faculty), SBLC, Aurangabad (H)

27

SBI HOME LOAN – VARIANTS (11, 12)

SCHEME ‘SBI-TRIBAL PLUS’ HOME LOAN SBI MAXGAIN

PURPOSE In many Hilly /Tribal areas, granting of Home Loans has been rendereddifficult due to the following:(i) Absence of any cadastral survey in such areas.(ii) Absence of any system of issuing land Patta with Dag No., Patta No. etc.(iii) Restrictions on transfer of land i.e., land is not legally transferable from a tribal person to a non-tribal etc.(iv) Ownership over land lies with the community or the Chief of the village.'SBI-Tribal Plus' Home Loans, a Special Scheme designed for Hill/Tribal areasfor extending financial assistance to individuals in such areas to (a) Purchase or construction of a new house / flat (without mortgage of land)(b) Purchase of an existing (old) house / flat which is not more than 10 years old (In such cases, valuation report from our empanelled valuer and a certificate on the condition of the house to be given by a structural engineer or Govt. approved architect should be taken); (c) Repair /Renovation/extension of an existing house or flat.

As applicable to Home Loans

FACILITY Term Loan only Overdraft (reducing D.P.)

ELIGIBILITY Individual(s) who are aged over 21 years of age (but not more than 60 years) who are1. permanent employees of Central or State Governments / Public Sector undertakings (PSU) / reputed Private Sector undertakings and have put in a minimum of 5 years service, subject to availability of check-off or 2. Professionals, self-employed, businessmen and agriculturists etc. with minimum experience of 5 years in their respective sphere of activity and who (1) maintain satisfactorily conducted deposit accounts with us with an average balance of Rs.5000/- for the last two years or (2) maintains loan accounts which are satisfactorily conducted for a minimum period of 2 years (without any instance of overdues and bouncing of cheques etc.) and classified as Standard Assets.

As applicable to Home LoansAdditional eligibility criteria - Facility available for new Home Loans of Rs.20 lacs and above from applicants who are

(i) Existing customers with minimum balance of Rs.5000/- in their SB / CA.Stipulation of minimum balance not applicable to customers whose salaries are regularly credited to this account and repayments are proposed to be made from this account.

(ii) Prospective customers who open SB / CA with an initial minimum deposit of Rs.5000/-. Stipulation of initial minimum deposit not applicable if salary of the applicant is proposed to be credited to this SB/CA.

28

SCHEME ‘SBI-TRIBAL PLUS’ HOME LOAN SBI MAXGAIN

SECURITY Since mortgage of land will not be available, a) Third Party Guarantee of another employee(s) (who fulfills theeligibility parameters stipulated for ‘SBI-Tribal Plus’ Home Loans) employed with Govt. / PSU / reputed Private Sector Undertaking whose net worth should be equal to the loan amount should beobtained. As an alternative to the third party guarantee, group guarantee of groups of 3-4 employees should be taken, all of whom are employed in the same organisation and whose salaries are routed through the Bank on the basis of irrevocable letter of authority/undertaking in this regard (in the formats stipulated for check-off in respect of Home Loans).

As applicable to Home Loans

QUANTUM OF LOAN

For employees : 36 times NMIFor professionals, businessmen and self-employed : 2 times average Net Annual Income (NAI) for the last 3 years on the basis Income-Tax Returns, along with audited/certified P&L a/c and balance sheets, I.T.Challans.For Agriculturists :2 times average Net Annual Income (NAI) for the last 3 years on the basis of their activity (i.e. farming, dairy, poultry and orchards), land holding, cropping pattern, yield etc. and the level of income derived there from. In all cases, the maximum loan amount should not exceed Rs.10 lacs

Minimum: Rs. 20 LacsMaximum: No upper limit.

LTV/MARGIN

For construction/purchase of new/existing house/flat : 15% For repairs/renovation/addition : 20%

As applicable to Home Loans

EMI/NMI As applicable to Home Loans As applicable to Home Loans

RATE OF INTEREST

NBG/RE,H^HD-HL/38/2017 – 18 Date: Tue 7 Nov 2017

NBG/RE,H^HD-HL/38/2017 – 18 Date: Tue 7 Nov 2017

PERIOD/REPAYMENT

should not exceed 15 years or the remaining period of service of the borrower, whichever is less in respect of salaried borrowers. Other borrowers max.repayment period of 15 years subject to liquidation of loan before the borrower attains 65 years of age.

As applicable to Home Loans.ATM cum Debit card will not be issued in Maxgain account.No over drawings are to be permitted in the a/c in excess of the Drawing Power.

REFERENCE NBG/RE,H&HD-HL/7/2017 - 18Monday,May 08,2017 – M.Cir.

NBG/RE,H&HD-HL/7/2017 - 18Monday,May 08,2017 – M.Cir.

Prepared By : ANV Subbarao, Chief Manager (Faculty), SBLC, Aurangabad (H)

29

PRADHAN MANTRI AWAS YOJANACREDIT LINKED SUBSIDY SCHEME (CLSS) – VARIANTS (1, 2, 3)

SCHEME CLSS for EWS/LIG CLSS (MIG-I) CLSS (MIG-II)

PURPOSE Government of India has launched‘Credit Linked subsidy Scheme (CLSS)’ for Urban Areas. A beneficiary family will comprise husband, wife, unmarried sons and/or unmarried daughters. An adult earning member (irrespective of marital status) can be treated as a separate household provided that benefeciarydoes not own a pucca house in his /her name in any part of India.

FACILITY Term Loan Term Loan Term Loan

ELIGIBILITY Max. HouseholdIncome per annumUpto Rs. 3 L for EWS &Upto Rs. 6 L for LIGMax carpet Area 30 sq. mts. For EWS &60 sq. mts. For LIG.

Max. HouseholdIncome per annumAbove Rs. 6 lacs & uptoRs. 12 lacs

Max carpet Area90 sq. mts.

Max. HouseholdIncome per annumAbove Rs. 12 lacs & upto Rs. 18 lacs

Max carpet Area110 sq. mts.

SECURITY As applicbale to Normal HL .Women must besole/co-owner in the property (except in case of construction of house on existing plot)

As applicbale to Normal Housing Loan. (Property may be owned by any adult member of the family, irrespective of the gender). Family comprising ofhusband, wife and unmarried children.Adult earning member (irrespective of marital status)may be treated as a separate household provided he/she do not own a pucca house in his/her name in any part of India.

QUANTUM OF LOAN

Upto Rs. 6 lacsSubsidy : 6.50% & Max. Rs. 2.68 lacs

Upto Rs. 9 lacsSubsidy 4% & Max. Rs. 2.35 lacs

Upto Rs. 12 lacsSubsidy 3% & Max.Rs. 2.30 lacs

LTV R As applicable to Normal Housing Loan

EMI/NMI As applicable to Normal Housing Loan. But EMIs for Home Loan borrowers under CLSS will be reset on credit of full subsidy amount in the account after receipt of subsidy amount from NHB.

RATE OF INTEREST

NBG/RE,H^HD-HL/38/2017 – 18 Date: Tue 7 Nov 2017Takeover from other Banks is Permitted. Aadhaar and Pan are Mandatory.

PERIOD/REPAYMENT

As per Normal Housing Loan Scheme. But Maximum tenor of loan on which subsidy will be calculated 20 Years.

OTHER GUIDELINES

Though the interest subvention is available upto Rs. 6 lacs, Rs. 9 lacs and Rs. 12 lacs under CLSS (EWS/LIG), CLSS (MIG-I) and CLSS (MIG-II) Scheme respectively, loan limits over and above these amounts will also be sanctioned based on the eligibility stipulated under our existing HL.

REFERENCE NBG/RE,H&HD-HL/7/2017 – 18 Monday,May 08,2017 – M.Cir.HOME LOANS PMAY List of 4041 statutory Towns - Scheme Modification 301017HOME LOANS PMAY Additional-CLSS-CensusListHOME LOANS PMAY FAQs & INCLUSION OF PMAY ELIGIBILITY CHECK

Prepared By : ANV Subbarao, Chief Manager (Faculty), SBLC, Aurangabad (H)

30

CRE HOME LOANS (13)(Circular References : NBG/RE,H&HD-HL/7/2017 – 18 Monday,May 08,2017 – M.Cir.)

Reserve Bank of India has issued guidelines on Classification of Exposures as Commercial Real Estate (CRE) Exposure vide their Circular dated 9th September, 2009. In the light of RBI Guidelines for CRE Exposure it has been decided to classify Home Loans under the following categories as CRE Home Loans:

(i) If an individual owns two or more houses, singly or jointly then the exposure for the third house onwards/purchase of plot will be treated as CRE Home Loans. The maximum number of houses/flats/residential plots will be restricted to 3 under CRE Home Loans over and above the two houses / flats permissible under Home Loan Scheme. GM (Network) shall have discretion to approve deviation in permitting Home Loans under P-Segment to applicants having more than 5 residential units. However, maximum number of Home Loans in the name of an individual, including the existing loans and the proposed one will be restricted to 5 (five) Home Loans (excluding closed accounts) under Home Loan Scheme in P-Segment.

(ii) If the third house which is proposed to be funded through Home Loan is intended to be purchased by the borrower for upgrading from a small house to a bigger house or vice-versa, moving to a more convenient locality/place/city etc. and he/she intends to sell one of the existing houses within 6 months after getting possession of the third house, exposure to third house may not be treated as CRE exposure, provided the borrower submits an Affidavit to that effect. In case of non-fulfillment of this condition by the borrower, Home Loan will carry the rate applicable for CRE Home Loan from such due date till fulfillment of the stipulated condition.

(iii) Loan for extension of the present house will be treated as CRE Home Loan if more than 50% of the monthly installment of the loan is expected to be raised through the rent receivable from the extended portion. Present stipulation in the Home Loan policy that “while computing maximum eligible loan amount, expected rent accruals from proposed house/flat being let out (net of taxes, cess etc.) may be reckoned subject to maximum amount equivalent to the Net Monthly Income of the borrowers” shall continue to be in force.

(iv) If funding of third house merits classification under non-CRE exposure for reasons other than those mentioned above, Circle CGM will have discretion to permit such classification on the basis of recorded justification which does not violate the spirit of RBI guidelines mentioned above and subsequent modifications, if any, in the guidelines issued by RBI.

3. Interest Rate : NBG/RE,H^HD-HL/38/2017 – 18 Date: Tue 7 Nov 2017

31

SBI HOME LOAN PAL (PRE-APPROVED LIMIT) – (14)(Circular References : NBG/RE,H&HD-HL/7/2017 – 18 Monday,May 08,2017 – M.Cir.)

Background : In the existing process, customer can apply for Home Loan only after he has finalized the property purchase deals. Purchaser is faced with a challenge of strict adherence to payment schedules for completion of the deal. Certainty about the eligible loan amount and certainty about the time taken for disbursement are the key issues in delivering a good Home Loan experience to the borrowers. 2. This certainty can be assured to the borrowers if KYC compliance and Assessment of eligible loan amount are completed before finalization of the property deal by the borroweror also where the property has already been finalized by the customers. For this purpose it has been decided to introduce a product named “SBI Home Loan PAL (Pre-Approved Limit)”.Salient features of the scheme are:

PAL will be available only at the RACPCs. Minimum limit amount under this facility would be Rs. 10 Lacs. All the documents prescribed for Home Loan, except property documents would be collected from

the applicant along with the application form. KYC formalities including visits to residence and workplace, verification of income proof to be

completed on submission of the file to the RACPC. CIBIL credit report will be verified. RACPC will assess the loan eligibility on the basis of income details of the applicant. Sanction of pre-approved Home Loan limit will be advised to the borrowers through a “Pre-

approved Loan Arrangement Letter (PLAL)” in the format furnished at Annexure A. Non-refundable processing fee as applicable to the Home Loan will be collected upfront.

3. Characteristics of Pre-approved Loan Arrangement Letter (PLAL):i) PLAL will be valid for a period of 4 months. The Home Loan application along with the relative property document will be required to be submitted by the borrower within the validity of PLAL. Since the processing fee in such cases is collected upfront, it will not be levied again.On the expiry of the validity period, fresh sanction should be obtained from the appropriate sanctioning authority. In case a request for revalidation is received from the customer and 50% of the applicable Processing Fee would be recovered for each revalidation of sanction.ii) The Interest Rate prevailing on the date of issue of Pre-approved Loan Arrangement Letter will not be protected. The Interest Rate prevailing on the date of sanction of Home Loan will be applicable.iii) Pre-approved loan arrangement letter (PLAL) will carry the eligible loan amount calculated on the basis of prevailing interest rates. For the benefit of understanding of the borrower, the PLAL will also carry the eligible loan amount if interest rate moves up or down by 25 basis points and 50 basis points respectively.iv) Interest rate will not be mentioned in the PLAL, so as to avoid misuse of PLAL by the borrower for shopping around for bargains.v) Home Loan will have to be availed by the borrower from the same RACPC which has issued the PLAL.vi) Home Loan will be sanctioned against the PLAL by the RACPC on satisfactory legal verification, valuation, and inspection.vii) If the time gap between PLAL and submission of Home Loan application by the customer is more than one month, fresh CIBIL Credit report will be verified by the RACPCs. This is warranted as the score of an applicant can change in the interim if he has approached several entities for credit facilities. viii) PLAL will carry a clause that Home Loan will be sanctioned on the basis of PLAL only if there is no change in the CIBIL credit report which is perceived to be adding to the risk assessed by the Bank at the time of issuing PLAL.ix) PLAL will be issued under the dual signatures of the processing officer as well as the sanctioning officer for the Home Loan proposals falling under the discretionary powers of RACPC.

*****

32

SBI CORPORATE HOME LOAN (15) (Home Loans to Companies)

(NBG/RE,H&HD-HL/7/2017 – 18 Monday,May 08,2017 – M.Cir.)

1. Segment : SME/C&I

2. Purpose : (i) To provide Home Loans to Corporate Entities (Both Public & Pvt. Ltd. Companies) forconstruction/acquisition of Residential Units in the name of the Company for use by their Directors/Promoters and Employees, and (ii) For Take-over of Home Loans in the name of the Company from other Banks/HFCs, subject to compliance to our extant norms for Take-over of Home Loans. However, loans for only acquisition of residential plots will not be permitted under the proposed Scheme.

3. Eligibility Corporate Entities Should be our existing borrower or a debt free Company, Should be in the line of business for at least 3 years, Should have earned uninterrupted Net Profit in last three years, Existing loan accounts of the Company, if any, should be Regular and Standard and also should not

have been restructured during the last 3 years. Opinion Report from the existing Bankers, if any. ECR of BBB and better for units having total exposure of Rs.10 crores and above, CRA of SB-8 & better in respect of both existing SME/C&I customers and new customers.

4. Loan Amount : Minimum: Rs. 1 crore, & Maximum: No Cap.(Minimum loan amount of Rs. 1 crore stipulated under the Scheme is per Corporate borrower irrespective of the number of residential units proposed to be acquired). 5. Permissible loan amount : The maximum permissible Home Loan amount will be assessed on the basis of the lowest value arrived at from the undernoted eligibility criteria:

Maximum permissible LTV Ratio, Minimum Gross DSCR of 1.25 (inclusive of EMIs of the proposed Home Loan), and Loan amount applied for.

6. LTV Ratio : Maximum 75%

7. Nature of facility : Term Loan (Maxgain facility will not be permitted under the proposed Scheme).

8. Loan Tenor : 15 years (Maximum) including moratorium period.

9. Moratorium Period : Upto 3 months in case of purchase of ready-built house and maximum 36 months in case of under-construction house. However, interest should be serviced during the moratorium period.

10. Security : (i) Equitable mortgage of the property to be acquired/constructed with the help of Bank finance and registration of mortgage charge with Registrar of Companies and CERSAI within the stipulated time frame.(ii) Personal Guarantee of Promoter Directors,(iii) The Company will not be permitted to extend parripassu charge on Housing Property, mortgaged to the Bank for Home Loan, for securing any other loans/advances to the Company during currency of Home Loan.

11. Interest Rate : NBG/RE,H^HD-HL/38/2017 – 18 Date: Tue 7 Nov 2017

33

SBI ASSET BACKED LOAN FOR RESIDENTIAL HOUSING (ABL-RH) (16)(Cir. No. NBG/RE,H^HD-HL/43/2017 – 18 Date: Mon 27 Nov 2017)

Target Group : Proprietorship/Partnership/Company

Purpose : Creation / Acquisition of Residential Real Estate.

Nature of facility : Fund Based and Non Fund Based – NFB facility can be given; however, LTV ratio has to be maintained for the aggregate limits (FB+NFB) @ 60%,

Type of loan : Drop-line Overdraft facility

Eligible Customers : Existing Customer already availing credit facilities from us. New units with marketable assets to offer as security. Takeover of existing units from other Banks/ FIs with satisfactory track record. (Credit Information Report to be obtained)

LTV% Immovable property : 60% of the realizable value

Loan Amount Minimum loan amount: Rs.50 lakhs. Maximum loan amount: Rs.100 crores Only at Mumbai, New Delhi and NCR, Chennai, Ahmedabad, Bangalore, Hyderabad

and Pune centres. Further, these proposals / loans will be handled by RMREs and will be parked only in identified branches where RMRE services are available.

Rs.50.00 crores for other centres, where RMRE is posted or RMME identified to handle REH business otherwise maximum loan will be Rs.5 crores.

Exposure above the Maximum Limit mentioned above is permitted with the approval from the Group Head.

For funding at NBG, project size should be maximum of Rs.500 crores & Rs.1000 crores for Sole Banking arrangement and Consortium / Multiple Banking arrangement respectively.

Margin : Minimum 25% of the deficit as per Project Cash Flow.

Sanctioning Authority : As per delegation of financial power for Term Loan.

Interest Rate MCLR-one year (floating) + 305 bps Additional 20 bps concession for the unit having ECR of “BBB” & above. Under Sah-Nirman Arrangement, the additional concession can be extended up to 25 bps for all

other projects and for Affordable Housing Projects, concession can be extended up to 35 bps and should be extended to the Company back ended only on annual basis as per Circular No e-CircularNBG/RE,H^HD-BF/15/2017-18 dated 19.06.2017 based on our Home Loan penetration in the project.

Security Collateral : Eligible security Immovable property (compliant under SARFAESI Act) pertaining to unit, its proprietor/partners/ directors or their near relatives. Near relatives will cover Father, Mother, Spouse, Son, Daughter, Real Brother & Real Sister.

Immovable property (compliant under SARFAESI Act) standing in the name of Associates/Group companies / Joint Venture Holders can also be taken as collateral security subject to compliance with Company’s Act. Legal opinion in such case may be vetted by the Law Officer at ZO/LHO.

Leased property cannot be taken as security. However Residential / commercial property constructed on land leased by statutory government bodies / Government Development Authorities may be permitted. However, industrial property / land / plots both leased & freehold cannot be taken as security for ABL-RH.

34

Assessment of The credit limits : Loan assessment will be based on the projected cash flow of the project. The limit will be fixed at 75% of Peak deficit for the project. The limit can be given by combining the existing ongoing projects. Negative lien / NOC also to be stipulated for ongoing projects, cost of which have been included for assessment of the credit limit.

Financing for fixed assets required for construction activity along with project loan is permitted. The Cost estimates of the project are to be vetted by the Bank’s empanelled Engineer.

Disbursement The loan will be disbursed after registration of the project with RERA authority as per acts of respective States / UTs, if applicable. Branch should ensure that all mandatory permissions / approvals for the project are in place before disbursement.

Repayment Drop-line Overdraft: Limits can be sanctioned for a period of 12 months to 84 months including the moratorium with

either Equated Reduction in limit or customized reduction in limit depending upon the cash accruals as per projections, size of the project and date of completion of the project.

Interest to be serviced monthly in case of moratorium. The drawing power shall be reduced so as to have the overdraft liquidated at the end of the period

in line with the projected or actual cash budget and sale of flats / apartments. Regular transactions are permitted up to drawing power available. No over-drawings permitted. DSRA equivalent to 3 months’ instalments & Interest to be built up during moratorium period and

before commencement of instalments in ESCROW account / STDR. Further, outstanding in the ESCROW account / STDR should be 3 months’ interest on the drawn outstanding at any point of timeduring the moratorium period.

Documentation Arrangement Letter, DP Note, DP Note Take Delivery Letter, Yearly Affidavit, MOU for Tie up of the Financed Project, Document for Negative Lien on the project land and SME Documentation as applicable.

Renewal / Review : No renewal of limit. Review has to be carried out annually and put up to the sanctioning authority under whose powers

total / aggregate exposure to the borrowing unit / entity falls. Quarterly review of ABL-RH loans (As per Annexure-III) to be done till the completion of the

project and put up to GM (NW). In case of delayed projects, this review should be on monthly basis. Restitution / enhancement in limits not permitted.

Enhancement in limits : Not permitted. Fresh ABL-RH limit for another project can be sanctioned based on the cash flow of the new project, subject to LTV at 60% of the Exposure [Outstanding of Existing Loan + Proposed Fresh Limits).

******

35

Please note that the details given in this e-handout cannot supercede any Bank's Instructions/circular guidelines.

It is only an attempt to provide the gist of all RETAIL ASSET Products at one place to enable the staff to get the details of all RETAIL ASSET Products at a

glance.

Please refer and follow the Bank's instructions, circular guidelines issued time to time, while processing/sanctioning RETAIL advances.

Please give your suggessions/feed back........

ANV SubbaraoChief Manager (Faculty)SBLC, Aurangabad (H)

Contact No. 99491 30750email address: akana.venkata@sbi.co.in

Please visit our SBLC website http: // 10.10.63.63 for latest Updates

36