State bank of Hyderabad is a part of the State Bank of India. It provides home loans to everyone with good income and good credit history. To buy a new flat/house for loan amount upto Rs. 75 lakhs the bank provides 80% of the value of the property and above Rs. 75 lakhs it provides upto 75% of the value of the property as loan. In case of buying only a plot than the loan amount is upto 65% of the value of the property.
For the loan applicants with up to 45 years of age – the maximum repayment term is 20 years and for loan applicants more than 45 years of age the maximum repayment tenure is 15 years or upto 70 years of age of the applicant whichever is earlier. Processing fees for the loan is 0.5% of the loan amount with a ceiling of Rs. 10, 000. The interest rate for the laon may vary from 9.25% to 12.25%.