INTRODUCTION:A banker or bank is a financial institution that acts as a payment agent for customers, and borrows and lends

money. In some countries such as Germany, banks are the primary owners of industrial corporations while in other countries such as the United States banks are prohibited from owning nonfinancial companies. Banks borrow money by accepting funds deposited on current account, accepting term deposits and by issuing debt securities such as banknotes and bonds. Banks lend money by making advances to customers on current account, by making instalment loans, and by investing in marketable debt securities and other forms of lending. Banks provide almost all payment services, and a bank account is considered indispensable by most businesses, individuals and governments. Non-banks that provide payment services such as remittance companies are not normally considered an adequate substitute for having a bank account. Banks borrow most funds borrowed from households and non-financial businesses, and lend most funds lent to households and non-financial businesses, but non-bank lenders provide a significant and in many cases adequate substitute for bank loans, and money market funds, cash management trusts and other non-bank financial institutions in many cases provide an adequate substitute to banks for lending savings to. TYPES OF BANKS:The main types of banks are:1. CENTRAL BANK:The central bank, reserve bank, or monetary authority, is the entity responsible for the monetary policy of a country or of a group of member states. Its primary responsibility is to maintain the stability of the national currency and money supply, but more active duties include controlling subsidized-loan interest rates, and acting as a "bailout" lender of last resort to the banking sector during times of financial crisis (private banks often being integral to the national financial system). It may also have supervisory powers, to ensure that banks and other financial institutions do not behave recklessly or fraudulently. FUNCTIONS OF CENTRAL BANK:1-Sole right of note issue The Central Bank in every country, now, has the monopoly note issue. The issue of notes is governed by certain regulation which is enforced by the state. 2-Banker to the state A Central Bank acts as a banker to the government. It holds cash balances of the government free of interest. 3-Banker s bank. The central bank acts as a banker to the commercial banks. 4-Banker s clearing house The Central Bank acts as a clearing house for the settlement of mutual obligations of different commercial banks. If a difference exists, it is paid by a cheque drawn on the banks accounts carried at the Central Bank.

5-Lendor to the last resort The Central Bank helps the member banks in times of crisis. 6-Financial agent The Central Banks act as financial agents for the government. It is an agent for the government in purchasing and selling of gold and foreign exchange. 7-Effective monetary policy The aim of the government is to create employment in the country, resist undue inflation and achieve a favorable balance of payment. 8-External functions The Central Bank also performs a number of external functions. 2. COMMERCIAL BANKS:A commercial bank is an institution which accepts deposits of money from the public and provides loans and advances to businessmn and others.It also performs other related functions. STATE BANK OF INDIA is the largest commercial bank of india. FUNCTIONS OF COMMERCIAL BANKS:Commercial banking activites are different than those of investment banking, which include underwriting, acting as an intermediary between an issuer of securities and the investing public, facilitating mergers and other corporate reorganizations, and also acting as a broker for institutional clients. Bank that offers a broad range of deposit accounts, including checking, savings and time deposits and extends loans to individuals and business. Commercial banks can be contrasted with investment banking firms, such as brokerage firms, which generally are involved in arranging for the sale of corporate or municipal securities. 3. INDUSTRIAL BANK:These r the banks which provide long term fnance to industries.these banks also offers technical & managerial assistance.their main purpose is to ASSIST IN THE PROMOTION OF NEW INDUSTRIAL UNITS. These are also known as DEVELOPMENT BANKS. Industrial finance corporation of india(IFCI) & Industrial development bank of india(IDBI) are examples. 4.EXCHANGE BANKS:These r a type of commercial banks.Their main function is FINANCING OF FOREIGN TRADE. They provide the following services:a) discounting of foreign bills of exchanges. b) financing foreign trade c) facilitating foreign remittances d) buying & selling of gold n silver. 5.AGRICULTURAL BANKS:These banks provide long term finance to agriculture sector . they r also known as LAND MORTGAGE BANKS bcuz loans r granted generally against mortgage of agricultural land.eg:- THE NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT(NABARD).

BANK OF INDIA
FIXED DEPOSIT INTEREST RATES (% p.a.) For deposits less than For deposits Rs.15 lakh & For deposits of Rs.1 Cr. And Maturity Rs.15 lakh above but less than Rs.1 Cr. above but less than Rs10 Cr Existing w.e.f. Existing w.e.f. Existing The rates will w.e.f. 27.06.11( w.e.f. 27.06.11( No w.e.f. be quoted on 01.06.11 No revision 01.06.11 revision ) 01.06.11 daily basis ) (Rates for 22.08.11) 07 days to 14 days 4.00 4.00 4.00 4.00 2.50 4.50 * 15 days to 30 days 4.50 4.50 4.50 4.50 2.75 5.00 31 days to 45 days 5.50 5.50 5.50 5.50 3.00 6.50 46 days to 90 days 5.50 5.50 5.50 5.50 4.00 7.25 91 days to 179 7.00 7.00 7.00 7.00 6.25 7.50 days 180 days to 269 8.00 8.00 8.00 8.00 6.75 8.25 days 270 days to 364 8.00 8.00 8.00 8.00 7.00 8.75 days 1 Year to less than 9.00 9.00 9.00 9.00 Being quoted 9.30 2 Yrs except 555 daily days 555 days 9.25 9.25 9.25 9.25 2 Years to less 9.00 9.00 8.00 8.00 8.25 8.25 than 3 Years 3 Years to less 8.50 8.50 7.75 7.75 7.25 7.25 than 5 years except for 1111 days 1111 Days 9.00 9.00 8.25 8.25 8.25 8.25 5 years to less 8.75 8.75 8.50 8.50 7.00 7.00 than 8 years 8 years to 10 8.75 8.75 8.75 8.75 7.00 7.00 Years and above

BANK OF INDIA STAR HOME LOANS 1 Provides loans to purchase a Plot for construction of a House, to purchase/construct house/flat, as well as for renovation/ repair/alteration/addition to house/flat, furnishing of house. 2 Maximum loan amount is Rs.300 lacs and repayment ranges upto 20 years, with reasonable margin and nominal processing charges. No commitment /administrative charges. 3 The loan is available at very competitive rates of interest, currently available in the industry. 4 Option for different EMI amounts for different periods during tenure of loan to suit customers repayment capacity. 5 Prepayment of Loan permitted 6 Interest is calculated on daily balance basis which is of great advantage to customer as it results in lower interest amount. 7 Loan to NRIs as well as Persons of Indian Origin. 8 Simplified application form/procedures for convenience of customers, and speedy approvals. 9 Free Personal Accident Insurance cover 10 Life Insurance Cover to borrowers for Loan Protection(optional) Eligibility Salaried employees, Professionals like Doctors, Lawyers, Engineers, Chartered Accountants, Selfemployed persons. Requests are also considered in special cases from Group of individuals, NRIs, PIOs, HUF, Prop. Firm, Partnership firms and corporate. Purpose y To purchase/construct house/flat y To renovate/extend/repair existing house/flat. y To purchase a plot of land for construction of house. y To acquire household articles along with the house/flat-for furnishing the house/flat. Quantum of Loan For construction/purchase of a house/flat-At Metros(Mumbai/Kolkata/Delhi/Chennai - Rs.500 lacs) At other places - Rs.300 lacs. Repairs/renovation/extension/addition to house/flat - Rs.50 lacs Purchase of a plot - Rs.100 lacs Purchase/acquire household articles for furnishing the house/flat - Rs.5.00 lac. (15% of Home Loan amount) Minimum size of Housing Loan:At Metro and Urban Centres :-Rs. One Lakh At Rural and Semi Urban Centres :-No minimum size of loan. Processing charges For loans upto Rs.30 lacs One time @ 0.55% of loan amount min. Rs. 3000/- and max. Rs.10000/For Loan over Rs.30 Lacsupto Rs.50 lacs One time flat Rs.15,000/For Loan over Rs.50 Lacsupto Rs.1.00 crore One time flat Rs.20,000/Loans over Rs.1.00 crore One time flat Rs.25,000/Loans over Rs.3.00 crores One time flat Rs.50,000/For Partnership firms & Corporate Borrowers Processing charges will be double that of applicable to individuals For Rural areas Processing charges will be 50% that of applicable to individuals in respect of loans availed by borrowers from rural areas from the Rural Branches. Conversion Charges Switch over from: i. Fixed to floating ROI- @0.25% p.a. on o/s balance for the remaining maturity of loan

ii. Floating to Fixed ROI - @ 0.40% p.a. on o/s balance for the remaining maturity of loan. For i & ii above : max. Charge: 2.10% of o/s balance Charges for deviation from the scheme norms For every item of Deviation from the scheme norms One time additional processing charges min .Rs.3000/-; max. for set of deviations Rs.10,000/Margin For Loan upto Rs.20 Lacs 20% For Loan over Rs.20 Lacs& 25% Upto Rs.50.00 lacs Over Rs.50.00 lacs 30% Note : Cost incurred by the proponent in the form of land already purchased/acquired by him/her (from their own sources) can be accepted as part of above said margin at the request of proponent. Liquid securities such as Banks TDR,NSC,KVP etc., can also considered as Margin, ensuring higher quantum of loan. Repayment(can be customised) Highly flexible - maximum 20 yrs. including moratorium period of 18 months (max.) in monthly installments.Repayment will start on completion of construction/purchase of house/flat or 18 months after first disbursement, whichever is earlier. Eligible Quantum of Loan/ EMI Calculation of quantum of loan is related to Income/repayment capacity of proponent/borrower. 72 times of gross monthly salary or 6 times of gross annual Salaried Employees : income based on I-T Returns. Self-employed/ Professionals /Individuals 6 times of their Gross annual income based on I-T Returns Engaged in Trade /Commerce/Business Chartered Accountants 6 times of Gross annual income based on I-T Returns. Doctors 6 times of Gross annual Income based on I-T Returns HUF/Proprietorship /Partnership 6 times of cash accruals (PAT+Depreciation) as per their Balance Firm/ Company Sheet/P&L Account Net take home pay/income (net of EMI of Proposed loan) In case of Individuals: should not be less than 40% of the gross monthly salary/income of applicant(s) In case of HUF/Proprietorship/ DSCR should be minimum 1.5. Partnership firm/Company : Fees / Charges y No administrative fees y No commitment charge Prepayment charges : i) No charges, if pre-payment is made from own sources of the borrower ii) 0.65% p.a. on the outstanding loan amount for remaining maturity of the loan, subject to max.2.25% of outstanding loan amount in case of take over by other bank/FI. Other Charges : Legal Expenses/Valuation Charges/Stamp Paper Rate of Interest w.e.f 05.05.2011 Upto 5 yrs >5-10 yrs >10-15 yrs >15-20 yrs Floating Rate -Linked to Base Rate (10% 10.00 10.00 10.25 10.25 p.a. at monthly rest) FOR LIMITS UPTO

RS.25 LACS: FOR LIMITS OER RS.25 LACS BELOW RS.75 10.25 10.50 10.75 11.00 LACS : FOR LIMITS OF RS.75 10.75 11.00 11.25 11.50 LACS & ABOVE Interest on daily reducing balances. Interest applicable to residents as well as non-residents. Disbursement in advance Request for 100% disbursement before completion of house/flat can be permitted subject to availability of additional security of 125% of the unsecured portion of loan amount to be disbursed. Security Equitable Mortgage (1st charge) on land/flat/house. Third Party guarantee(if mortgage could not be created at the time of disbursement ). Additional Incentives i. Free Personal Accident Insurance cover for the borrower (covering accidental death as well as permanent total disablement) as per terms of insurance policy covering loan outstanding as on the date of accident. ii. Loan amount of Rs.500,000/-(15% of home loan - max.Rs.5 lac) for furnishing the house/flat at a rate of interest as applicable to housing loan under the scheme.Life Insurance cover to housing loan borrowers against risk of death during tenure of loan under Group Insurance Scheme in tie up with STAR UNION DAI-ICHI Insurance Co. Ltd. y Insurance cover is optional. Low/ affordable prem y Insurance cover at a discounted rate in case of younger joint borrower. y Bank will grant loan for meeting the premium amount payable upfront (single premium). Loan for premium will increase EMI only marginally. y Avoids home loan burden on the family as home loan comes with Life Insurance cover. Protection against loan amount. y Scheme is simple and hassle free. y Higher non-medical limit: Age upto 45 years : Rs.Age above 45 years to 65 years :Rs. 7.50lacs. y Insurance premium is eligible for tax benefit u/s 80 C and claim proceeds are tax free u/s 10(10D), as per prevailing Income-tax laws Others Substantial Tax benefits available (as per applicable Income-tax laws) on:y Repayment of Installmentsof Housing Loan y Payment of interest on Housing Loan 1.OBJECTIVE & PURPOSE: The Star Educational Loan Scheme aims at providing financial support from the bank to deserving/ meritorious students for pursuing higher education in India and abroad. The main emphasis is that every meritorious student is provided with an opportunity to pursue education with the financial support on affordable terms and conditions. 2. ELIGIBILITY CRITERIA: a) STUDENT'S ELIGIBILITY: y Should be an Indian National; y Secured admission to professional/technical courses in India or Abroad through Entrance Test/Merit based selection process. y Good academic career. y The student should not have outstanding education loan from any other Institution. y Father/Mother should be co-borrower. y Branch nearest to the permanent residence of student will consider the loan. b) ELIGIBLE COURSE:

(i) Studies in India (Indicative list): y Graduation courses : BA, B.Com., B.Sc., etc. y Post Graduation courses : Masters & Phd. y Professional courses : Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computer, etc y Computer certificate courses of reputed institutes accredited to Department of Electronics or institutes affiliated to university. y Courses like ICWA, CA, CFA, etc. y Courses conducted by IIM, IIT, IISc, XLRI, NIFT, NID and other Institutes set up by Central/State Govt. y Evening courses of approved institutes. y Other courses leading to diploma/degree, etc. conducted by colleges/universities approved by UGC/Govt./AICTE/AIBMS/ ICMR, etc. y Courses offered by National Institutes and other reputed private institutions with prior approval of Head Office. y Courses offered in India by reputed foreign universities with prior approval of Head Office. Note: 1. Professional courses not approved by AICTE and conducted by Institutes not recognised by State Universities is outside the purview of the eligibility under the scheme. 2. Special scheme for students admitted to IITs, at concessional rate of interest. (ii) Studies abroad: y Graduation : For job oriented professional/technical courses offered by reputed universities. y Post Graduation : MCA, MBA, MS, etc. y Courses conducted by CIMA - London, CPA in USA, etc. 3. EXPENSES CONSIDERED FOR LOAN : y Fee payable to college/school/hostel* y Examination/Library/Laboratory fee. y Purchase of books/equipments/instruments/uniforms. y Caution deposit/building fund/refundable deposit supported by Institution bills/receipts. y Travel expenses/passage money for studies abroad. y Purchase of computers - essential for completion of the course. y Insurance cover for the student. y Any other expense required to complete the course - like study tours, project work, thesis, etc. 4. QUANTUM OF FINANCE : Need based finance subject to repaying capacity of the parents/students with margin and the following ceilings : y Studies in India - Maximum Rs.10.00 lakh y Studies abroad - Maximum Rs.20.00 lakh. 5. MARGIN : Upto Rs.4 lakh : Nil Above Rs.4 lakh - Studies in India : 5% Studies Abroad : 15% Scholarship could be included in margin. Margin to be brought in on year to year basis as and when disbursements are made. 6. SECURITY: Upto Rs. 4 lakh : No security Above Rs.4 lakh & upto Rs.7.5 lakh : Collateral security in the form of a suitable third party guarantee. Above Rs.7.5 lakh : Co-obligation of Parents together with tangible Collateral security of suitable value alongwith the assignment of future income of the student for payment of installments. Note : The security can be in the form of land/building/Govt. Securities/Public Sector

Bonds/NSC/KVP/LIP/ Banks Term Deposit etc., in the name of Student/Parent/Guardian/Guarantor with suitable margin. 7. RATE OF INTEREST*: (w.e.f. 07.07.2011) (Floating) y Upto Rs.7.50 lacs 3% above Base Rate, 13% p.a. y Above Rs.7.50 lacs 2.50% above Base Rate, 12.50% p.a. y Int. Concession of 0.50% p.a. for woman beneficiaries for limits upto Rs.50,000/- and 1% for limits over Rs.50,000/y For Professional courses (like Engg./Medical/ Management, etc.) int. concession : 0.50% Max. Concession under (a) & (b) above = 1%. y 1% int. concession if interest is serviced during moratorium period, where repayment holiday is specified for interest/repayment under the scheme (concession available for moratorium period only) y Simple interest during the repayment holiday/moratorium period. Penal interest @2% for loans above Rs.4 lakh for the overdue amount and overdue period. No processing charges. One time charges for any deviations from the scheme norms including approval of courses outside the scheme Upto Rs.4.00 lacs - Rs. 500/Over Rs.4.00 lacs upto Rs.7.50 lacs - Rs.1000/Over Rs.7.50 lacs upto Rs.20.00 lacs - Rs.2000/In respect of loans availed by borrowers from rural areas from the Rural Branches Charges Nil 8. INSURANCE : All the student borrowers are offered a specially designed Term Insurance cover and the premium can be included as an item of finance. 9. REPAYMENT: Repayment holiday/Moratorium : Course period + 1 year or 6 months after getting job, whichever is earlier. y The loan is to be repaid in 5-7 years after commencement of repayment. 10. BANK CHARGES: Processing/upfront charges For Studies in India- NIL. For Studies Abroad Rs.1000 for issuance of sanction letter for obtention of VISA. Amount refundable on availing loan. At Actuals Studies in India Rs.250/Studies Abroad- Rs.500/-

Document /Stamp Charges Change of Institution

STAR EDUCATION LOAN 1.OBJECTIVE & PURPOSE: The Star Educational Loan Scheme aims at providing financial support from the bank to deserving/ meritorious students for pursuing higher education in India and abroad. The main emphasis is that every meritorious student is provided with an opportunity to pursue education with the financial support on affordable terms and conditions. 2. ELIGIBILITY CRITERIA: a) STUDENT'S ELIGIBILITY: y Should be an Indian National; y Secured admission to professional/technical courses in India or Abroad through Entrance Test/Merit based selection process. y Good academic career. y The student should not have outstanding education loan from any other Institution. y Father/Mother should be co-borrower. y Branch nearest to the permanent residence of student will consider the loan. b) ELIGIBLE COURSE: (i) Studies in India (Indicative list): y Graduation courses : BA, B.Com., B.Sc., etc. y Post Graduation courses : Masters & Phd. y Professional courses : Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computer, etc y Computer certificate courses of reputed institutes accredited to Department of Electronics or institutes affiliated to university. y Courses like ICWA, CA, CFA, etc. y Courses conducted by IIM, IIT, IISc, XLRI, NIFT, NID and other Institutes set up by Central/State Govt. y Evening courses of approved institutes. y Other courses leading to diploma/degree, etc. conducted by colleges/universities approved by UGC/Govt./AICTE/AIBMS/ ICMR, etc. y Courses offered by National Institutes and other reputed private institutions with prior approval of Head Office. y Courses offered in India by reputed foreign universities with prior approval of Head Office. Note : 1. Professional courses not approved by AICTE and conducted by Institutes not recognised by State Universities is outside the purview of the eligibility under the scheme. 2. Special scheme for students admitted to IITs, at concessional rate of interest. (ii) Studies abroad: y Graduation : For job oriented professional/technical courses offered by reputed universities. y Post Graduation : MCA, MBA, MS, etc. y Courses conducted by CIMA - London, CPA in USA, etc. 3. EXPENSES CONSIDERED FOR LOAN : y Fee payable to college/school/hostel* y Examination/Library/Laboratory fee. y Purchase of books/equipments/instruments/uniforms. y Caution deposit/building fund/refundable deposit supported by Institution bills/receipts. y Travel expenses/passage money for studies abroad. y Purchase of computers - essential for completion of the course. y Insurance cover for the student. y Any other expense required to complete the course - like study tours, project work, thesis, etc.

4. QUANTUM OF FINANCE : Need based finance subject to repaying capacity of the parents/students with margin and the following ceilings : y Studies in India - Maximum Rs.10.00 lakh y Studies abroad - Maximum Rs.20.00 lakh. 5. MARGIN : Upto Rs.4 lakh : Nil Above Rs.4 lakh - Studies in India : 5% Studies Abroad : 15% Scholarship could be included in margin. Margin to be brought in on year to year basis as and when disbursements are made. 6. SECURITY: Upto Rs. 4 lakh : No security Above Rs.4 lakh & upto Rs.7.5 lakh : Collateral security in the form of a suitable third party guarantee. Above Rs.7.5 lakh : Co-obligation of Parents together with tangible Collateral security of suitable value alongwith the assignment of future income of the student for payment of installments. Note : The security can be in the form of land/building/Govt. Securities/Public Sector Bonds/NSC/KVP/LIP/ Banks Term Deposit etc., in the name of Student/Parent/Guardian/Guarantor with suitable margin. 7. RATE OF INTEREST*: (w.e.f. 07.07.2011) (Floating) y Upto Rs.7.50 lacs 3% above Base Rate, 13% p.a. y Above Rs.7.50 lacs 2.50% above Base Rate, 12.50% p.a. y Int. Concession of 0.50% p.a. for woman beneficiaries for limits upto Rs.50,000/- and 1% for limits over Rs.50,000/y For Professional courses (like Engg./Medical/ Management, etc.) int. concession : 0.50% Max. Concession under (a) & (b) above = 1%. y 1% int. concession if interest is serviced during moratorium period, where repayment holiday is specified for interest/repayment under the scheme (concession available for moratorium period only) y Simple interest during the repayment holiday/moratorium period. Penal interest @2% for loans above Rs.4 lakh for the overdue amount and overdue period. No processing charges. One time charges for any deviations from the scheme norms including approval of courses outside the scheme Upto Rs.4.00 lacs - Rs. 500/Over Rs.4.00 lacs upto Rs.7.50 lacs - Rs.1000/Over Rs.7.50 lacs upto Rs.20.00 lacs - Rs.2000/In respect of loans availed by borrowers from rural areas from the Rural Branches Charges Nil 8. INSURANCE : All the student borrowers are offered a specially designed Term Insurance cover and the premium can be included as an item of finance. 9. REPAYMENT: Repayment holiday/Moratorium : Course period + 1 year or 6 months after getting job, whichever is earlier. y The loan is to be repaid in 5-7 years after commencement of repayment. 10. BANK CHARGES: Processing/upfront charges For Studies in India- NIL. For Studies Abroad Rs.1000 for issuance of sanction letter for obtention of VISA.

Amount refundable on availing loan. Document /Stamp Charges Change of Institution At Actuals Studies in India Rs.250/Studies Abroad- Rs.500/-

One time charges for any deviations from the scheme norms including approval of courses outside the scheme Upto Rs.4.00 lacs - Rs.500/Above Rs.4.00 lacs to Rs.7.50 lacs - Rs.1,000/Over Rs. 7.50 lacs upto Rs.20.00 lacs Rs.2,000/In respect of loans availed by borrowers from rural areas from the Rural Branches Charges NIL. 11. OTHER CONDITIONS : i) Loan to be disbursed in stages as per requirement / demand, directly to the Institution/ Vendors of books/equipments/instruments to the extent possible; ii) Student to produce mark list of previous term/semester before availing next installment ; iii) Student / Parent to provide latest mailing address, in case of any change ; iv) Student /Parent to inform Branch immediately on change of course /completion of studies/termination of studies/ any refund of fees by college /institution /successful placement /obtention of job/change of job etc.,

AXIS BANK FIXED DEPOSIT RATES

Rates Effective from: Friday, April 29, 2011 PERIOD on Deposits Below Rs 15 lakhs 2.50 3.00 3.50 4.00 6.25 6.75 7.75 8.50 9.25 9.00 9.00 9.00 8.50 8.50 8.50 8.50 INTEREST RATES ON DOMESTIC DEPOSITS (%) (p.a.) Interest Rate DEPOSITS on Deposits of Rs on Deposits of Rs 15 lakhs < Rs 50 50 lakhs < Rs 1 Lakhs Crore 2.00 2.50 3.00 3.50 4.00 6.25 6.75 7.75 8.50 9.25 9.00 9.00 9.00 8.50 8.50 8.50 8.50 2.00 2.50 3.00 3.50 4.00 6.25 6.75 7.75 8.50 9.25 9.00 9.00 9.00 8.50 8.50 8.50 8.50 Interest Rates for Senior citizen on Deposits below Rs. 50 lakhs 2.50 3.00 3.50 4.00 6.25 6.75 8.75 9.50 10.25 10.00 10.00 10.00 9.50 9.50 9.50 9.50 on Deposits of Rs 50 lakhs < Rs 5 Crore 2.50 3.00 3.50 4.00 6.25 6.75 8.75 9.50 10.25 10.00 10.00 10.00 9.50 9.50 9.50 9.50

7 days to 14 days 15 Days to 29 Days 30 days to 45 days 46 days to 60 days 61 days to less than 3 months 3 months to less than 4 months 4 months to less than 6 months 6 months to less than 9 months 9 months to less than 1 year 1 year to less than 14 months 14 months to less than 15 months 15 months to less than 18 months 18 months to less than 2 years 2 years to less than 30 months 30 months to less than 3 years 3 years to less than 5 years 5 years upto 10 years

EasyAccess Savings Account : Documentation To open EasyAccess Savings Account with Axis Bank, you just need to provide: y Two passport size color photographs (latest) for each applicant y Introduction related documents: o Introduction by an existing Axis Bank customer, whose account is at least 6 months old with a suitable proof of address, or o a letter from the manager of your existing bank, verifying identity and signature, or o a copy of your passport along with a self-signed cheque, and o any one document from each of the following groups: Group I o Voter ID Card* o Defence or Police or Govt. Dept. ID Card o Pan Card or Driving Licence or Photo Credit Card (*along with self-signed cheque). Group II o Passport; o Telephone / Mobile / Electricity Bill. Any connection to be at least 6 months old in the name of the account holder / spouse / family member, and the bill date should not be older than 3 months; o 6 months bank account / credit card statement; o Letter from a recognized public authority or public servant verifying the address of the customer; o Gas connection registration letter; o Income tax / Wealth tax assessment order; o Domicile certificate with communication address and photograph; o Certificate by Village Extension Officer (VEO) / Village Head or equal or higher rank officer. Branch to confirm that the certificate is issued by the right person; o Registered lease / leave and licence agreement with a utility bill in the name of the landlord; o Address proof in the name of the father / mother / spouse / blood relative of the applicant, as a supporting document that establishes the relationship between the applicant and the person in whose name the address proof is available.

AXIS BANK Home Loan Axis Bank offers affordable and flexible housing loans that can turn your dream of owning a home into reality. Features of Axis Bank Home Loans y Attractive housing finance rates: We offer attractive interest rates that make your housing loans affordable and easier on your pocket every month. y Flexible rates: Choose between fixed and floating rate options depending on which way you think interest rates are moving. y Balance transfer facility: Not satisfied with your existing home loan provider? You can transfer your home loan to us without any hassles. y Doorstep service: You don't have to go the bank for home loans; the bank will come to your doorstep. Perfect for those leading busy lives. y Nil prepayment charges: Come into some money and want to pay off your housing loan early? You can do that at Axis Bank without worrying about prepayment charges. y Quick and transparent processing Home Loan Eligibility criteria A) - Salaried Individuals y Individuals in permanent service in the Government or reputed companies meet our home loan eligibility criteria. y Applicants should be above 24 years of age at the time of loan commencement and up to the age of 60 or superannuation, whichever is earlier at the time of loan maturity. B) - Professionals y Professionals (ie, doctors, engineers, dentists, architects, chartered accountants, cost accountants, company secretary, management consultants only) can apply. y Applicants above 24 years of age at the time of loan commencement and up to 65 years or less at the time of loan maturity meet our housing loan criteria. C) - Self Employed Individuals y Any individual filing income tax returns can apply y Applicants should be above 24 years of age at the time of loan commencement and up to 65 years or less at the time of loan maturity y List of home loan documents required y The following documents are required along with your loan application: Purpose Salaried Others

Voter's ID card or driving license or PAN card or photo credit card or employees ID card or Voter's ID card or driving license or Proof of identity defense or police or government department PAN card or photo credit card ID card IT returns for the last 2 years and Latest salary slip showing all deductions or Proof of income computation of income for the last 2 Form 16 along with recent salary certificate years certified by a CA Proof residence of Bank account statement or latest electricity bill Bank account statement or latest or latest mobile or telephone bill or latest electricity bill or latest mobile or credit card statement or latest LIC policy or telephone bill or latest credit card

insurance premium receipt or employers letter certifying the current mailing address or latest NSC or other similar instruments indicating the address or existing house lease agreement Bank statement or Pass Book where salary or Last 6 months income is credited Guarantor form Optional

statement or latest LIC policy or insurance premium receipt or latest NSC or other similar instruments indicating the address

Last 6 months

Optional

Limits on home loan y Minimum - Rs 1 lac y Maximum - Rs 50 lacs Margin Sr. No Loan amount (Rs.) 1 2 3
y y

Margin 15%

For Housing Loan upto Rs.20 Lacs

For Housing Loan above Rs.20 Lacs 20% Improvement or renovaton loans 25%

15% in case of Home loans 25% in case of improvement or renovation loans Interest Rates: Sr. No Type Loan amount (Rs.) Less than Rs. 25 Lac Floating Rate Base Rate + Mark Effective Up Interest Base Rate + 0.75% 10.75% p.a. 11.00% p.a. 11.25% p.a. 12.00% p.a. 14% p.a. Rate Of

Loans greater than Rs.25 lac - Rs. Base Rate + 1.00% 75 lac Loans greater than Rs. 75 lac Top Up - All loans, Renovations Base Rate + 1.25% Base Rate + 2% -

2
y

Fixed Rate

All Loan Category

Base Rate - 10.00% Charges for changing from floating to fixed rates of interest

Charges for changing Loan Charges for Prepayment No Due Solvency from fixed Scheme Processing Late Payment Charges Certificate Certificate to floating Charges of EMI rates of interest

Power Home

1% + Service tax Nil as applicable

NA

NA

Rs 500 + taxes per cheque bounce and a penal interest @24% per annum i.e. @ 2% per month on the overdue installment/s

Min. Rs. 5000 or 1% of the outstanding amount whichever is higher

Min. Rs. 5000 or 1% of the outstanding amount whichever is higher

Other Charges: Charges Rs.500/- per instance Rs.500/- per instance Rs. 250/- per instance Rs. 250/- per instance

Sr. No Type 1 2 3 4 5 6 7 Repayment Instruction/Instrument Return charges Cheque/Instrument Swap charges Duplicate Statement issuance charges Duplicate Amortization schedule issuance charges

Duplicate Interest Certifcate (Provisional/Actual) issuance charges Rs. 250/- per instance Issuance charges for Photocopy of title documents Charges on customer initiated requests for copies of documents Rs.250/- per document set Rs. 250 per document set

Repayment y Repayment period for home loans shall not exceed 25 years. y Repayment period of pre-allotment bookings of housing loans shall not exceed 1 year y Repayment period of improvement or renovation or extension of existing property shall not exceed 10 years. Security Equitable mortgage of the property to be financed by way of deposit of title deeds. Processing charges or admission fee Processing fee equivalent to 1% of the loan amount (applied for) will be collected along with the application form (taxes as applicable). Penalty for early closure Nil. Other Conditions y Bank reserves the right to reject any application without assigning reasons thereof y The applicant will undertake to inform the Bank as and when there is a change in address or employment The terms and conditions mentioned above and elsewhere under the scheme are subject to modification from time to time solely at Bank's discretion.

AXIS BANK Education Loan Quantum of Loan The quantum of finance under the scheme is capped at Rs 10.00 lacs for studies in India and Rs 20.00 lacs for studies abroad, which would cover tuition fees, hostel charges (if any), cost of books, etc. The minimum amount of loan would be Rs 50,000. Margin: No margin for loans upto Rs 4 lacs. For loans above Rs 4 lacs, 5% margin for studies within India and 15% for higher studies overseas. Role of the Guardian: The parent(s) or guardian of the student would be treated as a co-applicant of the loan. His or her role would be, necessarily, like the primary debtor. Security: Third party guarantee and/or collateral security may be asked for in appropriate cases. Additional Security: Assignment of LIC policy in favour of the Bank for the sum assured being at least 100% of the loan amount. The policy is kept alive during the currency of the loan. To ensure this, the annual premium may be included in the computation of the loan requirement, along with the tuition fees and other recurring charges. Further, the future income of the student needs to be assigned in favour of the Bank for meeting the installment obligations. Disbursement: The loan will be disbursed in full or in suitable installments taking into account the requirement of funds and/or fee schedule as assessed by the Bank directly to the educational institution or vendor of books or equipment or instruments. Documents Required The following documents are required along with your loan application:
Purpose Proof of identity Salaried Others

Passport or Voter's ID card or driving Passport or Voter's ID card or driving license or PAN card or government license or PAN card department ID card IT returns for the last 2 years and Latest salary slip showing all deductions or computation of income for the last 2 years Form 16 along with recent salary certificate certified by a CA Bank account statement or latest electricity bill or latest mobile or telephone bill or latest credit card statement or existing house lease agreement Bank account statement or latest electricity bill or latest mobile or telephone bill or latest credit card statement or existing house lease agreement Last 6 months Optional Copy of admission letter of the Institute along with Fees schedule, mark sheets / pass certificates of S.S.C, H.S.C , Degree courses

Proof of income

Proof of residence

Bank statement or Pass Book where salary or Last 6 months income is credited Guarantor form Optional Copy of admission letter of the Institute along with Fees schedule, mark sheets / pass certificates of S.S.C, H.S.C , Degree courses

Other Documents

Interest Rates:
Sr. No Type Loan amount (Rs.) Upto Rs. 4 lacs 1 Education Loan Base Rate + Mark Effective Up Interest Base rate + 7.00% 15.75% 16.75% 14.75% 15.25% 16.25% 14.25% Rate Of

Loans greater than Rs. 4 lacs- Rs. Base rate + 8.00% 7.5 lacs Loans greater than 7.5 lacs Upto Rs. 4 lacs Base rate + 6.00% Base rate + 6.50%

Education Loan for Girl Loans greater than Rs. 4 lacs- Rs. Base rate + 7.50% Child 7.5 lacs Loans greater than 7.5 lacs Base rate + 5.50%

Base Rate - 8.75%

Loan Scheme Processing Charges Charges for changing Charges for Late from fixed Payment of EMI to floating rates of interest Rs 500 + taxes per cheque bounce and a penal interest @24% per annum NA i.e. @ 2% per month on the overdue installment/s Charges for changing from floating to fixed rates of interest

Prepayment Charges

No Due Solvency Certificate Certificate

Study Power

Nil

Nil

NA

NA

NA

Other Charges:
Sr. No Type 1 Charges

Repayment Instruction/Instrument Return charges Rs.500 plus service tax as applicable per instance

Terms and Conditions Bank reserves the right to reject any application / renewal without assigning reasons thereof. It shall be the sole right of the Bank to consider the proposal on case to case basis after taking into consideration, the credentials/credit worthiness of each of the customers. The applicant will undertake to inform the Bank as and when there is a change in address or employment The terms and conditions mentioned above and elsewhere under the scheme are subject to modification from time to time solely at Bank's discretion.