Savings Bank Accounts Savings Bank Account Rules Best suited for all classes of persons. Running account.

account. Cheques, Drafts, Interest Warrants, Dividend warrants etc.., in Indian rupees and foreign currencies in the personal names of the depositors can be collected and credited to these accounts. Liberal withdrawal facilities. No Income Tax deduction at source on interest. Standing instructions for remittances of insurance premium, rent and similar payments carried out. Minors above 10 years can open and operate the account. Nomination facility is available Internet Banking/ATM/Mobile Banking Facilities are available

t Current Accounts Running account with unlimited operational facilities. Minimum balance to be maintained is Rs. 3000/- for rural branches and Rs.5000/- for others. Monthly statement of accounts made available. Standing instructions for remittances of insurance premium, rent and similar payments carried out. Internet Banking Facility is available

t Term Deposit Accounts Deposits for periods of 7 days to 120 months. *** Minimum deposit is Rs.1000/- and multiples Rs.100/-. Interest normally paid quarterly, half yearly, or yearly. Monthly payment can be had at discounted rates. Loans are available upto 90% of the deposit, with interest 1% above the deposit rate. Minors above the age of 10 can deposit upto Rs.200000/- in their names independently. Premature withdrawal permitted with applicable penalty. Ideal investment for earning regular quarterly income without disturbing principal, and with maximum liquidity and safety. The deposit will be renewed on due date for the same period. TDS is applicable, 15H/15G to be submitted for exemption. *** Conditions Apply

SBT Reinvestment Plan(Special Term Deposits) Term Deposit accounts with automatic reinvestment of the accrued interest at quarterly compounding till maturity of the principal. No interim withdrawal of interest and therefore investment multiplies. Loans upto 90%, with interest 1% above the deposit rates. Existing term deposit accounts can freely be converted to Special term deposit accounts and vice versa. Minors above the age of 10 can deposit upto Rs.2,00,000/- in their names independently. Ideal for maximum returns, long term investment with safety and liquidity. Premature withdrawal permitted with applicable penalty. TDS is applicable, 15H/15G to be submitted for exemption.

t Unit Deposit Scheme Amount deposited is held in units of Rs.1000/- each. Accounts can be opened with Rs.10,000/- and thereafter in multiples of Rs.1000/-. The salient feature of the scheme is that it allows the depositor to withdraw the deposit partially in multiplies of Rs.1000/- without breaking his entire deposit. It can be opened as either Term Deposit or Special Term deposit accounts and interest payments are as applicable to those schemes. Loans, Premature withdrawal and Nomination facilities are available.

t Recurring Deposit Accounts Recurring deposit for periods ranging from 12 to 120 months with fixed monthly remittances. No Income tax deducted at source. Premature withdrawal is permitted. Minors above 10 years can open accounts in their name independently subject to the maturity value not exceeding Rs.2,00,000/-. Ideal for persons who can set apart a portion of their monthly earnings especially regular monthly income earners; Traders, pensioners etc. An easy way to save money. Loans, Premature withdrawal and Nomination facilities are available. Penalty is applicable for delayed remittance.

Variable Deposit Scheme (Super Surplus) Recurring deposit scheme for a period of 12 months to 120 months, offers flexibility in the amount of monthly remittance. Depositor can fix their core monthly installment from Rs.100 to Rs.10000/p.m. Depositor can vary the monthly installments and can deposit upto 10 times the agreed core amount subject to maximum of Rs.100000/ per month. One remittance per month. No insistence on regular monthly payment. Interest credited to the account half yearly. Minors over 10 years can open in their name singly provided the maturity value does not exceed Rs.2,00,000/-. No penalty for delayed remittance but if the number of remittance is less than 10 per year Rs.10/will be levied as penalty. Ideal for persons whose monthly savings vary from month to month and for those seeking flexibility in remittances. Loans, Premature withdrawal and Nomination facilities are available.

...
General Information on deposits Opening and operation

Any resident Indian in India can open accounts in single name or in joint names with different options, for final disposal. Photograph and KYC Compliance Nomination facility is available Transfer of accounts from one branch to another branch is possible. Safe Custody and automatic renewal of deposits are undertaken A unique loan scheme, Cash key is available against all types of term deposits. Premature Withdrawal

A deposit can be prematurely closed if desired. Premature withdrawal of term deposits permitted, but no interest will be paid for deposits which have remained with the bank for a period less than 15 days. For all others,interest may be paid 1% below the rate applicable for the period for which the deposit has actually remained with the Bank. Deposit can be prematurely closed with the consent of all joint depositors, except in the case of deposits opened with the clause, 'Former or Survivor', 'Latter or Survivor', or 'A' only or Survivor where the specified person can prematurely close the account Closure Of Accounts

When the account is closed the amount is paid by cash or credited to the account of the depositor. Repayment of deposits with maturity value above Rs.20,000/- shall be made by credit to an account or by an account payee cheque (as per law). Savings bank accounts/Current accounts in joint names, can be closed on joint request.

Domestic Deposits NATURE ACCOUNT Savings Bank A/c A. Domestic / NRO a.With Cheque book facility b.Without Cheque book facility c.No Frills Account B. NRE a.With Cheque book facility b.Without Cheque book facility 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 Normal RATE OF INTEREST % Senior Citizen

A. Savings Bank Deposits (Domestic/NRO)- 4.00% per annum ( w.e.f 03.05.2011) B. Term Deposits (Domestic/NRO) (w. e. f. 01.04.2013)

1) Rupee Deposits under Domestic, NRO segments Deposit for all amounts w.e.f 08-01-2014

Period 7 days to 14 days 15 days to 45 days 46 days to 90 days 91 days to 180 days 181 days to 364 days 1 year and above but below 2 years(Navavarsha Deposit Campaign)* 2 years and above but below 3 years 1000 days 3 years and above but below 5 years 5 years and above upto 10 years

(percentage per annum) 7.50 7.50 8.25 7.00 7.50 9.10 8.75 8.75 8.50 8.50

Senior Citizen 7.50 7.50 8.25 7.00 7.50 9.40 9.25 9.25 9.00 9.00

* Navavarsha Deposit Campaign Annualized Rate Of Return for 1 Year : 9.41 %

The following terms and conditions will be applicable:

1) The above interest rates shall be applicable to all domestic term deposits under all segments as well as to NRO Term deposits.. 2) Prior approval from Head Office is mandatory for accepting deposits for an amount of Rs.1 crore and above. 3) Senior Citizens (Residents of age 60 years and above) will be paid additional interest for deposits of one year and above. In such case, the minimum Deposit amount will be Rs.5,000/4) The above rates shall be applicable to Deposits under Capital Gains Scheme, 1988 (irrespective of the amount of deposit), Unit Deposit, Tax Saver Term Deposit scheme (2006). No differential rate / No additional interest is payable for senior citizens / staff members. 5) Term Deposits, in respect of which no instructions are received from the depositors, either at the time of placing the deposit or at the time of maturity of deposit, shall be renewed automatically on the date of maturity. Such automatic renewal shall be done for a period similar to the period of original deposit. However, the rate of interest shall be the card rate prevailing on the date of maturity / renewal. 6) Premature payment will be allowed on such term deposits. However, no interest will be paid if the premature withdrawal takes place within 7 days. If the premature withdrawal of domestic deposits is made after 7 days, interest will be paid at 1% below the rate of interest applicable for the period the deposit remained with the Bank. (Applicable rate is the rate of interest for the period prevailing on the date of deposit). There shall be no discretion for reduction / waiver of penalty for premature withdrawal of term deposits. However, penalty shall not be applicable for premature closure of deposits belonging to staff and retired staff members. 7) In respect of deposits of Rs.1.00 crore and above, premature withdrawal is permitted for deposits above Rs.1 crore. However, no interest will be paid if the premature withdrawal takes place within 7 days . If the premature withdrawal made after 7 days, interest will be paid at 1% below the applicable rate (i.e. the rates prevailing on the date of deposit) of interest for the period the deposit remained with the Bank. 8) In respect of deposits of above Rs.10.00 crore, Premature withdrawal is allowed. However, no interest will be paid if the premature withdrawal takes place within and inclusive of 7 days. If the premature withdrawal made after 7 days, interest will be paid at 1% below the applicable rate (i.e. the rates prevailing on the date of deposit) of interest for the period the deposit remained with the Bank.

9) There is no penalty for premature closure of Term deposits, if the amount is reinvested and the reinvested term deposit remains with the bank for a period longer than the remaining period of the original term. However, deposits for an amount of Rs.1 crore and above, will be accepted for reinvestment at the sole discretion of the Bank. 10) There is no discretion for reduction/waiver of penalty for premature withdrawal of term deposits.

11) These instructions for premature withdrawals will apply only to fresh deposits and renewed maturing deposits.

2)

AISWARYA SPECIAL DEPOSIT SCHEME - 2013 400 days only

Rupee Deposit Under Domestic/NRO Segments for All Amounts 9.10 % p.a

Term of Deposit Eligible depositors Rate of Interest

9.40% (Senior Citizen)- For Domestic Deposits Only Effective Date Loan Facility against this deposit Premature closure
Annualised Return Rate

From 08-01-2014 Available Allowed.(Conditions apply) 400 days-9.45

RUPEE DEPOSITS UNDER NON-RESIDENT INDIAN (NRE) SEGMENT

PRAVASI AISWARYA SPECIAL DEPOSIT SCHEME - 2013 Term of Deposit Eligible depositors Rate of Interest Annualised Yield Effective Date Loan Facility against this deposit Premature closure Eligible Funds
2. Transfer from other banks 1) Rupee Deposits under NRE segment Deposit for all amounts w.e.f 09/07/2013

1200 days only Non-Resident Individuals only 10.00 % p.a 11.70 % (Approx.) From 02/09/2013 (available for a limited period only) Available Allowed.(Conditions apply) 1. New Remittance from overseas on or after 02-09-2013

Period 1 year and above but below 2 years 2 years and above but below 3 years 3 years and above but below 5 years

Percentage per annum 8.75 8.75 8,50

5 years and above upto 10 years

8.50

Conditions for premature withdrawal:

a)Prior approval from Head Office is mandatory for accepting deposits for an amount of Rs.1 crore and above. b) Premature payment will be allowed on term deposits below Rs. 1.00 crore. However, no interest will be paid if the premature withdrawal takes place within one year from the date of deposit. In respect of premature withdrawal after one year, interest will be paid at 1% below the rate of interest applicable for the period the deposit remained with the Bank.( Applicable rate is the rate of interest for the period prevailing on the date of deposit ). There shall be no discretion for reduction / waiver of penalty for premature withdrawal of term deposits.
c) There shall be no penalty for premature closure of Term deposits, if the amount is reinvested and the reinvested term deposit remains with the bank for a period longer than the remaining period of the original term.

d)Premature payment will be allowed on term deposits above Rs. 1.00 crore. However, no interest will be paid if the premature withdrawal takes place within one year from the date of deposit. In respect of premature withdrawal after one year, interest will be paid at 1% below the rate of interest applicable for the period the deposit remained with the Bank.( Applicable rate is the rate of interest for the period prevailing on the date of deposit ). There shall be no discretion for reduction / waiver of penalty for premature withdrawal of term deposits.

Interest Rates For FCNR Deposits (w.e.f. 06-02-2014)

Period of Deposit 1 year to less than 2 years 2 years to less than 3 years 3 years to less than 4 years 4 years to less than 5 years 5 years

USD 2.57 2.47 4.83 5.24 5.62

GBP 2.89 3.34 5.67 5.96 6.19

EURO 2.52 2.46 4.59 4.81 5.03

JPY 2.36 2.22 4.24 4.28 4.34

CAD 3.44 3.28 5.47 5.71 5.94

AUD 4.63 4.81 7.07 7.38 7.61

CHF 2.19 2.06 4.18 4.34 4.53

SGD 2.34 2.56 4.92 5.29 5.64

FCNR Annualized Yield (Approximately)

Period of Deposit to less than 3 years to less than 4 years to less than 5 years

to less than 2 years

USD 2.58 2.51 5.13 5.74 6.38

GBP 2.91 3.42 6.08 6.62 7.12

EURO 2.53 2.50 4.86 5.23 5.63

JPY 2.37 2.25 4.47 4.61 4.78

CAD 3.46 3.36 5.85 6.31 6.80

AUD 4.68 4.98 7.72 8.40 9.05

CHF 2.20 2.09 4.40 4.68 5.02

SGD 2.35 2.60 5.23 5.80 6.41

H 2

Indicative Rates For Rupee Premium Deposits (As on 26-02-2014) CURRENCY AUD CHF SGD HKD CAD EUR GBP JPY USD SPOT RATE 55.95 70.06 49.21 8.10 56.06 85.41 103.64 60.77 62.18 FORWARD RATE 58.66 75.63 52.90 8.54 59.73 91.96 111.19 65.48 66.94 RETURN RATE 9.82 10.36 10.09 8.15 10.32 10.45 10.46 10.37 10.49

RFC Accounts (in USD) With effect from 06-02-2014 RFC Savings Bank account 0.50 %

RFC Term Deposits - 6 months to less than 1 year RFC Term Deposits - 1 year to less than 2 years RFC Term Deposits - 2 years to less than 3 years RFC Term Deposits - 3 years only

1.00 % 2.57 % 2.47 % 4.83 %

...

Annualised Rate of Deposit Interest Rate

Period 6 months 1 year 2 years 1000 days 3 years 4 years 5 years 6 years 7 years 8 years 9 years 10 years

Rate of interest 7.50 9.10 8.75 8.75 8.50 8.50 8.50 8.50 8.50 8.50 8.50 8.50 9.10

Annualised rate

7.57 9.41 9.45 9.77 9.56 9.99 10.45 10.94 11.45 11.99 12.57 13.18 9.45

400 days

STATE BANK OF TRAVANCORE

Interest Rate - Loans

The Bank has implemented Base Rate framework with effect from 1st Jul 2010, in tune with the methodology suggested by RBI. All categories of loans and advances [including Bills], sanctioned/renewed on or after 1st Jul 2010, other than those specifically exempted, will be priced with reference to Base Rate.
Base Rate as on 08.10.2012 is 10.25% Benchmark Prime Lending Rate (BPLR) : 15.25 % pa (with effect from 08.10.2012)

The maximum spread over PLR will continue to be 4% for all advances other than consumer credit, clean advances, export credit and other exempted categories as per RBI directives. In the case of interest rate for loans with floating rates linked to BPLR/Base Rate, the interest rate is subject to change, with every increase or decrease in BPLR/Base Rate. Such change will be restricted to the extent of increase/decrease in BPLR/Base Rate.

FOLLOWING RATES ARE APPLICABLE FOR NEW LOANS SANCTIONED FROM THE EFFECTIVE DATE
Interest Rates - P&SB (resident) & NRI Advances linked to SBT Base Rate Base Rate as on 08.10.2012 is 10.25%

SBT Home Loans (WEF 16/01/2013)

Loan to Value Ratio(LTV) above 75%

Loan to Value Ratio(LTV) 75% and below

10.50%

10.25%

For Overdraft Home loan accounts (Maxgain) a differential rate of 0.25 % should be maintained over and above the above mentioned rate.

Car Loans

Rate

All Slabs

11%

For overdraft Car loan accounts (Car loan OD) a differential rate of 0.50 % should be maintained over and above the above mentioned rates.
Consumer Durable Loans

Rate 2.25% p.a. above the base rate ie. presently 12.50% p.a.

Two Wheeler Loans

Rate 2.25% p.a. above the base rate ie. presently 12.50% p.a.

Loan Scheme

Existing loans linked to PLR New loans sanctioned from (15.25 %) / Base Rate (10.25 %) 11.01.13 linked to SBT Base Rate

Gold Loan

0.25% below PLR

11.25% 11.25%(Upto 10 Lacs) 11.50(Between Rs.10 Lacs and Rs. 25

Lacs)

Gold Loan Premium 0.25% at PLR OD 0.50% above PLR

NSC Loan

DL At PLR
Advance against shares

3% above PLR 0.50 % above PLR At PLR 4% above PLR

With check off facility/Corporate guarantee/ Equitable mortgage -

Akshaya

Sowbhagya Loan

Clean overdraft

Sahaya Varsha

2% above PLR Other than above - 3.00% above PLR

5.00% above Base Rate 4.50 % above Base Rate 7.50% above Base Rate 4.50% above Base Rate 4.50% above Base Rate 8.50% above Base Rate 6.50% above Base Rate 8% above Base Rate 4.50% above Base Rate

Prasanthi/Jai Jawan Scheme/ Prasanthi Elite ( Loan for Pensioners)

At PLR

Loan scheme

Existing loans linked to PLR

New loans sanctioned from 01.07.10 linked to SBT Base Rate

Suvidha Loan

TL 1% above PLR OD 2% above PLR 0.50%above PLR

Upto 3 years above PLR 2.25%

15.75% 16.00% 5% above Base Rate 6.75% above Base Rate

7% above Base Rate

Subha Yatra

Used Cars

Above 3 years & upto 5 years 2.50% above PLR Mitra Varsha

At PLR At PLR
in

Purchase of House Site Loans upto Rs.2 lacs Personal Segment Clean Overdraft Loans upto Rs.2 Personal Segment Term Loan lacs

4% above PLR 4.5% above PLR

in

4.50% above Base Rate 4.50% above Base Rate 8.50% above Base Rate 9% above Base Rate

*****

Interest Rates on Car Loans linked to SBT Base Rate Interest Rates on Two Wheeler Loans

Two wheeler loans

2.25% above PLR

6.75% above Base Rate

Interest Rates on Loans/Advances against Bank's Rupee Time deposits (with effect from 21.05.2009)

Nature of advance against Term Deposits (Domestic/NRE/NRO)

Staff

Interest Rate

Margin

Upto Rs. 3 lakhsSame rate as applicable on the deposit Above Rs 3 lakhs 1% above deposit rate

NIL

When the deposit is in the name of borrower

1% above 10 % Public deposit rate a. Loans upto Rs.2 lacs 2.00% over the rate allowed on deposit OR BPLR whichever is higher.

b. b. Loans above Rs.2 lacs - 2%

Advance against bank's own Term Deposits / Special Term Deposits / 15 % Recurring Deposits to third parties in whose name the deposits do not stand If third party loan is granted in personal segment, rate of interest to be charged as applicable for the purpose /activity financed, ie. purchase of car, House etc. For this purpose the declaration given by the customer should ordinarily be accepted. If no such declaration is given, the rate applicable for Clean Overdraft OR BPLR whichever is higher will be charged. above rate allowed on deposit OR Rate of Interest applicable to the activity financed (SIB/AGRI) whichever is higher.

Rupee Loan against FCNR Deposit

Interest

1. Loans to Account 3% below SBTPLR Holder at SBTPLR or 2% above the rate allowed 2. Loans to on deposits or the rate third Parties of interest applicable to the activity financed whichever is higher

Educational Loans (Gyan Jyothi)

Existing New loans loans linked sanctioned from to PLR 01.07.10 linked to SBT Base Rate 1. Upto Rs.4 lacs 0.75% below 14.00% PLR 2. Above Rs.4 At PLR 13.75% lacsto Rs. 7.25 lacs 3. Above Rs. 13.25% 7.5 lacs
0.5 % concession for Girl student

Loan Amount

All Loans sanctioned on or after 01.07.2010 are linked to SBT Base Rate. Existing loans Sanctioned prior to 01.07.2010 are linked to SBT PLR

Personal Loan Products

At SBT, we have a number of lending products to meet your varied needs of funds. Types of Personal Loan Against deposits Gold Loans Against scrips Cash Key Facility Conventional Gold Premium Mitra Varsha HOME CASH Decor Housing Loan Home LoanEducation Sahaya Varsha loanSuvidha Car Loan Two WheelerLoan Prasanthi Loan LoanConsumer Prasanthi Elite Durable Loan Liquid

Personal Loans

Interest Rates & PLR contact any of our branches to avail the loans ..

Cash Key facility

The most convenient method of obtaining advance against deposits. Unlimited withdrawals permitted in a Current account upto 90% of the deposit amount and interest accrued. Cheque book facility is available. Interest charged on these loans will be 1% above the interest rate allowed on the deposit irrespective of the amount, rate of interest and period.

..

Gold Loans
Conventional Loans against Gold ornaments. Amount of Loan - Maximum 10 lacs

Period of loan - 6/12 months and can be further renewed Simple easy documentation.

Loan Amount Rate of Interest Upto Rs. 1 Lac 11.25% Above Rs. 1 Lac Upto Rs. 10 11.25% Lacs
Liquid gold - SBT Gold overdraft Overdraft facility against pledge of Gold ornaments, operated as a running account with facility of cheque book. Amount of Loan - Maximum 10 lacs Loans are granted for 6/12 months and can be further renewed.

Gold Loan Premium Scheme Loan Amount Upto Rs.1 Lac Above Rs.1 Lac upto Rs.10 Lacs Above Rs. 10 Lacs to RATES OF INTEREST 11.25% 11.25% 11.50%

Rs.

25 Lacs
Higher rates per gram on gold will be allowed under this product. Smart Gold Loans Loan Amount Upto 4 Months Above 4 Months upto 5 Months Above 5 Months

RATES OF INTEREST 13.00% 15.00% 17.00%

..

Mitra Varsha Loan against shares & securities

A single over draft limit against the pledge of various types / combination of securities viz. IVP,LIC Policy, SBI Life Policy, Treasury FD, Post Office FD.

By pledge of

Minimum Rs.50000/-

Limit

Maximum Limit 95% of Surrender value Max Rs.20.00 lacs 70% of deposit + accrued interest. Max Rs.20.00 lacs 75% of purchase value Max Rs.5.00 lacs

LIC/SBILife Policies Govt Of Kerala Treasury FD/Post Office FD Indira Vikas Patra

..

Housing Loan
PURPOSE For construction, purchase / repair / renovation / alteration of a house or for purchase of a plot for the construction of a house. PERSONS ELIGIBLE

i. ii. iii. iv. v.

All Resident with regular monthly income with a minimum NMI of Rs. 12,000/and Non-Resident Indians with a regular monthly income with a minimum NMI Rs. 15,000/-. Spouses of Non-Residents, who are residents and receiving regular monthly income. Salaried persons, self employed businessmen, professionals and agriculturists, who have regular monthly income and who have a minimum of three years of standing / experience in their line of activity. The age should be such that the borrower is able to close the account before he attains the age of 70. Relaxation in eligibility criteria from the minimum of 3 years to 1-2 years is allowed to employees of government/quasi government departments /establishments and listed companies whose minimum NMI is Rs. 20,000/- or more.

AMOUNT OF LOAN

i. ii.

60 times of Net monthly income (NMI)/ Average monthly income (AMI) for individuals upto 45 years of age. 48 times of Net monthly income (NMI)/ Average monthly income (AMI) for individuals over 45 years of age However the repayment obligation is restricted to Maximum 60% of the

NMI/AMI. Maximum amount of the loan is Rs.500 lacs. MARGIN Minimum 20%

INTEREST DISBURSEMENT

a.

Construction of new building In three stage, 30%, 40% and 30% of the loan amount. The last installment will be disbursed three or four weeks prior of the completion of the building

b. Outright purchase 100% to the seller, after payment of the margin by the
applicant.

c.

Purchase of plot and construction of the building. The loan component for purchase of the plot will be 50% of the total project cost upto Rs.75 lac and 30% of the project cost above Rs.75 lac or 80% of the land value whichever is lower.

REPAYMENT

UPTO 30 YEARS SUBJECT TO LIQUIDATTION OF THE LOAN BEFORE THE BORROWER REACHES THE AGE OF 70 YEARS.
It includes the repayment holiday of a maximum of 18 months. Repayment will begin on completion of the house or 18 months from the disbursement of the first installment of the loan, whichever is earlier.

NO PREPAYMENT PENALTY ON PRECLOSURE OF FLOATING RATE HOUSING LOANS W.E.F 31/10/2011

SECURITY Mortgage of property by deposit of title deeds. PROCESSING CHARGES Limit upto Rs.25,000 - Nil Limit above Rs.25,000 to Rs.2 lacs - 0.55% of the loan amount (Max.Rs.500/-)

Limit above Rs.2 lacs - 0.55% of the loan amount maximum Rs.10000/Processing charge upto 30/09/2013 will be 0.275% (50% concession upto 30/09/2013) INSURANCE Insurance is to be arranged for the total cost of building. PAPERS TO BE SUBMITTED TO BANK In addition to the application form(in duplicate) and two passport size photographs, the following papers are to be submitted to the Bank. PROOF OF INCOME In case of salaried persons:

i. ii. a.

Salary certificate showing deductions. Authorisation to deduct monthly installments from the salary of employee for credit of the loan account wherever available.

In the case of self employed / professional / business men. Audited accounts and Balance Sheets/income tax assessment orders/Returns/Memo/Statements of computation of taxable income filed for the last 3 years.

DOCUMENTS TO BE SUBMITTED FOR CONSTRUCTION / IMPROVEMENT OF HOUSES

i. ii. iii. iv. v. vi. vii. viii. ix. x.

A copy of the plan inclusive of site plan approved by the Corporation/ Municipality/Development Authority/Panchayat as required. A copy of the building permit issued by the Corporation/ Municipality / Panchayat as required. In areas where building permit is not required a No Objection Certificate from the authority concerned. Estimate approved by licenced Egineers/Architects approved by local bodies. Original and prior title deeds. Latest tax receipts. Possession Certificate Encumbrance certificate from the Sub Registrar for the last 31 years. Title clear certificate from the banks approved advocate. Valuation report from the banks approved valuator. An affidavit cum Undertaking from the person that he shall not violate the

sanctioned plan.

1. DOCUMENTS TO BE SUBMITTED FOR PURCHASE OF HOUSES/FLATS i. ii. iii. iv. v. vi. vii.
NOTE: After the sale deed is executed, the original deed along with fresh encumbrance certificate and possession certificate should be submitted. For purchase of plot alone all the documents as above except the no. iv are to be submitted. After availment of the loan, encumbrance certificate for four months after the date of mortgage is to be produced. List Of Approved Builders A copy of the agreement for sale. A copy of the Title deeds of the present owner. A copy of the land tax receipt. A copy of the building tax receipt. Encumbrance certificate from the Sub Registrar for the last 31 years. Title clear certificate from the banks approved advocate. Valuation report of the property and building from the banks approved valuator.

..

Home Decor Loan

To furnish houses/flats

Purpose To purchase new household furniture, Refigerator, Electric fans, Airconditioners, to put up wardrobes, storage facilities or any other household items. Eigibility 1. Individuals availing Housing Loans from the Bank 2. Where a Housing loan was earlier obtained from us and the liability is still subsisting without overdues. 3. When availing Housing Loans for taking over from other Banks/Financial institutions Amount 25 % of Housing loan or Rs. 5 lacs whichever is less

Repayment maximum 10 years in monthly installments. Interest rate Processing charges As applicable to Housing Loans

.. Education Loan The scheme provides financial assistance to deserving meritorious students to pursue higher education in India and abroad

PURPOSE
To meet the tuition and other fees\Examination\Library\Laboratory fee, cost of books\purchase of Computers\equipments\instruments\uniforms and the cost of passage for studies abroad. Caution Deposit, Building Fund, Refundable deposit subject to 10% of the Tuition Fee. Any other expenses required to complete the course like study, tours, project work, thesis etc. also be financed.

ELIGIBLE COURSES
Studies in India a. Studies in India: (Indicative list) Approved courses leading to graduate/ post graduate degree and P G diplomas

conducted by recognized colleges/ universities recognized by UGC/ Govt./ AICTE/AIBMS/ ICMR etc. Courses like ICWA, CA, CFA etc. Courses conducted by IIMs, IITs, IISc, XLRI. NIFT,NID etc. Regular Degree/Diploma courses like Aeronautical, pilot training, shipping , degree/diploma in nursing or any other discipline approved by Director General of Civil Aviation/Shipping/Indian Nursing Council or any other regulatory body as the case may be, if the course is pursued in India. Approved courses offered in India by reputed foreign universities

Studies abroad Graduation : For job oriented professional/technical courses offered by reputed universities. Post graduation: MCA, MBA, MS, etc. Courses conducted by CIMA-London, CPA in USA etc. Degree/diploma courses like aeronautical, shipping etc provided these are recognized by competent regulatory bodies in India/abroad for the purpose of

employment in India/abroad.

ELIGIBILITY
The student should be an Indian National (NRIs not eligible) i) Should have secured admission to professional\technical courses through entrance test\ merit based selection process conducted by a Govt Agency / University ii) Should have have secured admission to foreign university institution on the basis of merit BORROWER : Student and parent/guardian/ jointly. LOAN Amount: For studies in India Rs. 10 lacs For studies abroad Rs. 20 lacs MARGIN : Upto Rs. 4 lacs Nil Above Rs.4 lacs i) Studies in India 5% ii) Studies abroad -15% INTEREST :Refer link of interest rates provided below (Interest Rebate : 1 % Interest concession if interest debited during a financial year is remitted within one month of its debit in account) 0.5% concession for Girl Students. PENAL INTEREST : 2% FOR LOAN ABOVE RS.2 LAKHS

REPAYMENT

To commence 1 year after completion of course or 6 months after getting job, whichever is earlier. The loan is to be repaid in 10-15 years after commencement of repayment.

SECURITY:

Loans upto Rs.4 lacs : Co-obligation of parent/guardian/spouse/parent-in-law/grand parents as the case may be. No security Above Rs.4 lacs and upto Rs.7.5 lacs Co-obligation of parent/guardian/spouse as the case may be along with collateral in the form of a satisfactory third party guarantee required. For loans above Rs7.5 lacs Co-obligation of parent/guardian/spouse/parent-inlaw/grand parents along together with tangible collateral security of suitable value preferably not less than 200% of the loan limit, along with assignment of future income of the student for payment of instalments and tangible security of suitable value Security can be in the form of land\building\ Govt. securities\public sector bonds\units of UTI, KVP, LIC Policy, gold, shares\debentures, bank deposit in the name of student\parent\guardian or any other third party with suitable margin.

PROCESSING

FEE

No processing fee for For studies Upto Rs.4 lacs Above Rs.4 lacs (Refundable on availment of 1st instalment)

studies -

in

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Sahaya Varsha
A clean demand loan to meet your short term funds/ financial needs for various purchases/emergent requirements such as marriage, family functions, travel, education, expensive medical treatment, operation etc. PERSONS ELIGIBLE

i.

Salaried employees having net monthly income exceeding Rs.5,000/- and maintaining salary account with us

AMOUNT OF LOAN 15 times of the net monthly salary / income, Minimum Rs.10,000/- and Maximum Rs.2,00,000/MARGIN INTEREST REPAYMENT 6 to 60 months in Equated Monthly Installments. SECURITY Primary - Nil Collateral -

NIL

i. ii. iii.

Equitable Mortgage of property having value not less than 200% of the loan amount. OR Third party guarantee of two or more persons of sufficient worth acceptable to the Bank OR

a) Check off facility with one personal guarantee for loan amount upto Rs.1 lac b) Check off facility with one or two personal guarantee of sufficient worth for loan amount above Rs.1 lac.

PROCESSING CHARGES Loans upto Rs.25,000/- = Rs.115/Above Rs.25,000/- = Rs.280/PAPERS TO BE SUBMITTED TO THE BANK

1. Application form (in duplicate) and two passport size photographs 2. Proof of income
In the case of salaried persons

i. ii. iii.

Salary Certificate showing deductions. Authorisation to deduct monthly installments from the salary of the employee for credit of the loan account where check-off facility is available. Standing instruction to transfer monthly instalments from the salary account.

For mortgage of property

a. Original and prior title deeds. b. Latest tax receipts c. Possession Certificate d. Encumbrance certificate for the last 15 years from the Sub-Registrar. e. Valuation report from the banks approved valuator.

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Suvidha Loan
Loan against mortgage of immovable property FOR PERSONAL NEEDS SUCH AS MARRIAGE RELATED EXPENSES, FOREIGN TRAVEL, MEDICAL EXPENSES ETC.. 1. Nature of Loan : Term Loan or Overdraft 2. Purpose :

Consumer needs General Purpose Loan

3. Eligibility : Individuals who are :

a. Should be an existing customer(s) of the bank with a satisfactory track record of more than one year. b. employees of Government, Quasi Government, reputed
companies/establishments.

c. Professionals, self employed and others who are income tax assesses. d. Engaged in agricultural and allied activities. e. Net monthly income of Rs.15,000 for salaried persons or net annual
income of Rs.1,80,000 in the case of others.

f.
4. Age Limit

The income of the spouse may be added if he/she is a co-borrower.

: The age of the borrower should not exceed 60 years at the time of sanction.

5. Amount of Loan

: 24 times the net monthly income for salaried persons or 2 times the net annual income in case of others.
Minimum Rs.50,000 - Maximum 1 Crore Overdraft facility - Maximum amount Rs 25 lakhs 6. Security

: Equitable mortgage of non encumbered Residential /Commercial property in the name and possession of the borrower/spouse/close relatives (provided the property holders become guarantors for the relative loan)
7. Margin : 40 % of the market value of the property. 8. Repayment : Equated monthly installments within a maximum period of 120 months with a check off facility in the case of salaried persons/84 months where check off facility is not available.

9. Interest 10. Processing Fee : 2% of the loan amount. Max Rs. 50,000/- plus service tax@12.36% 11. Insurance

: The property being mortgaged should be insured against the risk of fire/riots/ earthquakes/lightning/floods etc. in the joint names of the borrower and the Bank for the full market value of the property.
12. Papers to be submitted

a. Application form b. 2 passport size photographs c. Copy of the income tax return for last 2 financial years duly acknowledged by
ITO.

d. Latest salary slip showing all deductions. e. TDS Certificate Form 16 in the case of salaried persons f. If property offered is an agricultural land converted as non-agricultural, copy of
the relative order should be made available. should be produced.

g. In the case of agriculturist a certificate of income issued by the village officer h. In the case of individuals engaged in trade/industry etc. wherever latest IT
12. Documents to be submitted returns are not available, the annual income can be assessment based on the IT return for the preceding year and the last balance sheet

i. ii. iii. iv. v. vi.

Title deeds of the property proposed to be given as security. Prior title deeds. Latest tax receipts (both building and land) Possession Certificate Encumbrance certificate from the sub registrar for the last 31 years. After availment of the loan, encumbrance certificate for 4 months after the date of mortgage is to be produced.

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Prasanthi
A clean Demand Loan Scheme specially designed for Pensioners

1.Pensioners
All Central Civil, Defense, Railway, Telecom, KSRTC (Kerala State Road Transport Corporation), KSEB, KWA,Kerala Agricultural University, State and Bank Pensioners whose pension accounts are maintained at our branches. Pension accounts include those accounts to which Bank acts as the Pension Disbursing Officer and those accounts to which pension amounts are received from DPDO.

2.Age limit
Should not exceed 75 years at the time of sanction of loan.

3.Eligibility and Amount of Loan

Age of pensioner upto 60 years - A maximum of 15 months pension with a ceiling of Rs.1,50,000. Age of pensioner over 60 years upto 65 years - A maximum of 12 months pension with a ceiling of Rs.1,25,000. Age of pensioner over 65 years upto 75 years - A maximum of 10 months pension with a ceiling of Rs.1,00,000.

4.Guarantee
The spouse/nominee for family pension eligible for family pension should guarantee the loan or any other family member or a third party worth the loan amount.

5.Margin Nil 6.Interest 7. Repayment Age upto 60 years - 54 equal monthly installments

Age above 60 years and upto 65 years - 48 equal monthly installments Age above 65 years and upto 70 years - 36 equal monthly installments 8.Security The nominee to the pension should be a guarantor. 9.Processing charges 0.5% of the limit, Minimum Rs.20/10. Papers to be submitted to the Bank
Application form and two passport size photographs.

11. i. ii.

Documents to be executed

Demand Promissory Note in favour of the spouse/nominee for family pension and endorsed by the latter in favour of the Bank. DP Note Delivery Letter executed jointly by the borrower and the spouse/nominee.

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Car Loan
For NRIs & Residents Persons Eligible Salaried and other regular income earners with a minimum of 2 years standing/ experience in their line of activity Spouse of NRIs, based on the monthly income of the NRI. Minimum Net Annual Income Rs. 2,50,000/-

Amount of Loan Eligible Amount Maximum New Cars/Jeeps 48 times net monthly income Second hand cars 30 times net monthly income (vehicles upto 2 years old) Rs.4 lakhs (vehicles 2 to 5 years old) Rs. 3 lakhs * Margin Take over of Car loans (from other banks) can be considered. **Reimbursement of expenses incurred for purchase of new cars by way of Hypothecation is also considered subject to conditions. Margin Up to Rs.20 lakhs - 15% of the road cost of the new car to be purchased (invoice cost+life tax+Insurance) Above Rs.20 lakhs - not less than 25% 25% for second hand cars upto 2 years old 40% for second hand cars above 2 years upto 5 years old Repayment New Cars 84 equated monthly installments Second hand cars 60 equated monthly installments Security

Primary : Hypothecation of the vehicle purchased out of bank finance. Collateral (for loans above Rs. 50000/-) : Personal guarantee of one or two persons of sufficient worth.

Processing Charges 0.50% of the loan amount subject to a minimum of Rs.500/- and maximum Rs.10000/Insurance Comprehensive Insurance is compulsory for all loans for purchase of vehicle. Papers to be submitted to the Bank Application form (in duplicate) Passport size photos (2 nos) Proof of income A proforma invoice of the vehicle proposed to be purchased. Documents required for used cars, please contact nearest branch Details of guarantors

a. In the case of salaried persons :

i. ii.

Salary Certificate showing deductions Authorisation to deduct monthly installments from the salary of the employee for credit of the loan account where check-off facility is available.

b. In the case of self employed/professional/businessmen : Statement of computation of taxable income

Two Wheeler Loan

Eligibility

State/Central Govt employees/ employees of Public sector undertakings/ executives of reputed companies/establishments, & MNCs with minimum service of two years who are maintaining salary accounts with us under Banks corporate salary package will be eligible.

Type of loan

Term Loan

Scheme period

23.10.2013- 31.01.2014

Quantum of loan

8times NMI, maximum Rs.50,000/- EMI not exceeding 50% of NMI

Minimum income criteria

Annual Net Income of Rs 150,000/-

Margin

20% of the cost of the vehicle including insurance & life tax

Purpose of Loan

For purchase of two-wheelers

Period of the Loan

36 months

Repayment

36 equated monthly installments

Security

Hypothecation of the two wheeler purchased out of bank finance. Personal Guarantee of one person in the absence of check facility. In case of existing Housing loan/ Suvidha loan borrowers , extension of Equitable Mortgage of house property.

Interest Rates

Refer Personal Segment Loan Interest Rates

Insurancec

Comprehensively insured

Processing fee

RS 150/- ( upfront)

Key Words

Two wheeler, salaried, employees/executives

Consumer Durable Loan

Purpose

For purchase of consumer durables like kitchen and home appliances, Televisions , Washing Machines, Refrigerators and Air Conditioners etc.

Type of facility

Term Loan 23.10.2013 31.01.2014

Scheme Period

Eligibility

state/Central Govt employees/ employees of Public sector undertakings/ executives of reputed companies/establishments, & MNCs with minimum service of two years who are maintaining salary accounts with us under Banks corporate salary package will be eligible

Minimum Income criteria

Annual net income of Rs 150,000/8 times of net monthly salary subject to EMI not exceeding 50% of NMI maximum Rs 100,000/20% of the total cost of the items to be purchased.

Maximum Loan amount Margin

Period of Loan

36 months

Repayment

36 equated monthly installments

Security

Hypothecation of consumer durables purchased out of bank finance. Personal Guarantee of one person in the absence of check off facility. In case of existing Housing loan/ Suvidha loan borrowers , extension of Equitable Mortgage of house property

Rate if Interest

Refer Personal Segment Loan Interest Rates

Processing fee

Rs 50/-(upfront)

Key words

Consumer durables, Salaried, disbursement ,NMI