I) INTEREST RATE RANGE ON LOANS AND ADVANCES TO INDIVIDUALS UNDER RETAIL LENDING FOR THE PAST QUARTER- September RANGE OF ROI MEAN
|
|
- Alexander Lawrence
- 5 years ago
- Views:
Transcription
1 ANNEXURE-1A I) INTEREST RATE RANGE ON LOANS AND ADVANCES TO INDIVIDUALS UNDER RETAIL LENDING FOR THE PAST QUARTER- September SCHEME RANGE OF ROI MEAN Housing 8.65% to 9.25% 8.95% Mortgage against IP Term 10.20% to 14.45% 12.33% Overdraft 10.20% to 13.95% 12.08% Reverse Mortgage Overdraft to Housing Borrowers Car Two Wheeler Power Ride 11.05% 11.05% 9.85% 9.85% 9.05% to 9.50% 9.23% 11.70% to 13.20% 12.45% 10.20% 10.20% Education 8.45% to 11.05% 9.75% Personal 12.00% to 15.00% 13.50% Personal to Pensioners 11.25% to 11.25% 11.25% Gold 10.05% to 11.05% 10.55% Earnest Money Deposit 8.55% 8.55%
2 ANNEXURE-1B II) PROCESSING FEES AND DOCUMENTATION CHARGES EXCLUDING SERVICE TAX ISAS UNDER: FOR THE PAST QUARTER- September Schemes Processing Fees Documentation Charges Housing * For all % of loan amount, Minimum Rs.2,500/- Maximum- Rs.15,000/- Takeover- Rs.2,500/- *Rs.1350/- Mortgage against IP Term : 0.90% of the loan Amount (Maximum Rs 45,000/-) Rs. 1500/- Reverse Mortgage Overdraft to Housing Borrowers Car Overdraft: Rs 300/- per lac or part thereof. Half month s installment Maximum Rs /- NIL NIL Rs.450/- *Upto Rs.6 lakhs Rs.1000/- Above 6 lakhsrs.1500/- Two Wheeler *Rs.275/- * Rs.275/- Power Ride * Rs.500 NIL Education For Studies in India- NIL For Studies abroad- 1% Upto Rs.4 lac Rs.270/- Minimum Rs.10000/- (Refundable Above Rs.4 lac- Rs.450/- after 1 st Disbursement) Personal 1.80% of loan amount Upto 2 lac Rs. 270/- Above 2 Lac Rs. 450/- Personal to NIL Rs.500/- Pensioners Gold 0.25% of loan amount Rs.250/- to be charged uniformly irrespective of loan amount. Earnest Money Deposit Nil Nil
3 ANNEXURE-1C iii) ANNUAL PERCENTAGE RATE AFTER TAKING INTO ACCOUNT PROCESSING FEES AND DOCUMENTAION CHARGES ON A LOAN OF RS.100,000/- (ONE LAC) IS AS UNDER: FOR THE PAST QUARTER- September SCHEME RANGE OF ROI Floating APR Fixed MIN MAX MIN MAX Housing 8.65% to 9.25% 9.07% 9.33% 9.58% 9.68% Mortgage against IP Term loan 10.20% to 14.45% 10.77% 15.07% NA NA Overdraft 10.20% to 13.95% 13.59% 17.37% NA NA Reverse Mortgage 11.05% NA NA 11.13% 11.13% Overdraft to Housing Borrowers 9.85% 9.90% 9.90% NA NA Car 9.05% to 9.50% 9.37% 9.82% 9.72% 9.72% Two Wheeler 11.70% to 13.20% NA NA Power Ride 10.20% 10.54% 10.54% NA NA Education 8.45% to 11.05% 8.5% 11.10% NA NA Personal 12.00% to 15.00% 12.91% 15.93% NA NA Personal to Pensioners 11.25% to 11.25% 11.47% 11.47% NA NA Gold 10.05% to 11.05% 10.99% 12.00% NA NA Earnest Money Deposit 8.55% 8.55% 8.55% NA NA
4 Work Sheet- SCHEME Housing RANGE OF ROI MCLR Spread ROI (MCLR +Spread) Floating Fixed Floating Fixed Min MAX MIN MAX MIN MAX MIN MAX MIN MAX 8.35% to 9.15% Mortgag e against IP TL OD 10.40% to 14.35% % to 13.85% NA NA NA NA NA NA NA NA Reverse Mortgage Overdraft to Housing Borrowers Car Two Wheeler Power Ride Education Personal Personal to Pensioners Gold Earnest Money Deposit 10.75% to 10.95% % to 9.75% % to 9.30% % to 13.10% % to 10.10% % to 10.95% % to 14.9% % to 11.15% % to 10.95% % to 8.45% NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
5 EMI = P r(1+r)n (1+r)n 1 where: P=principal loan amount r= annual interest rate / 12 n = number of monthly installments called the principal amount of the loan. To figure out the amount of interest I would pay during the five years, or the additional money I would be charged to borrow the $7,500, I used a simple interest formula, or a formula to calculate interest paid only on the principal amount. Using this formula, I found that the amount of interest on the loan was $3,750. After making payments for those five years, I ended up paying $11,250 for my first car ($7,500 principal + $3,750 interest). Principal amount applies to more than just loans. It can also apply to money that is invested or deposited into an account. For example, if I open a savings account with a $700 deposit, the principal amount is $700. Principal Amount Formulas
6 In the example above, we wanted to find out how much interest would accrue on a loan amount of $7,500. What if we already know the interest rate, amount of interest, and amount of time but need to find out the principal amount? We can rearrange the interest formula, or I = PRT to calculate the principal amount. The new formula would be P = I / (RT). Formula to solve for principal amount Let's take a look at an example: Find the principal amount of a loan that has a total interest amount of $18,500 and an annual interest rate of 6.5% over 12 years. To solve this we substitute the values into the equation, P = I / (RT). This gives us P = $18,500 / (0.065 * 12) = $23,718. The principal amount of the loan is $23,718. We can follow the same process for other interest formulas. By solving the formulas for P, we can use them to calculate the principal amount.
RATE OF INTEREST UNDER RETAIL CREDIT PRODUCTS w.e.f
RATE OF INTEREST UNDER RETAIL CREDIT PRODUCTS w.e.f 0.07.08 SL. NO. 3 4 ALL BANK AASHIANA (Home Loan Product) HOUSING FINANCE FOR NRI/PIO PREMIUM HOUSING FINANCE FOR HIGH NET WORTH INDIVIDUALS (HNIs) (for
More informationPenalty for delayed repayment s. Nil * 0.25% of the balance outstanding / Drawing power whichever is higher
A. Retail s Product Easy Cash (against securities other than deposits) PF/ Admn fee (excluding Taxes) 0.15% of limit, subject to minimum Rs. 150.00 Prepayment / Pre-closure charges Penalty for delayed
More informationSBM India Indian Operations
SBM India Indian Operations Your Future Begins Here! We are offering attractive Interest Rates, be it on your Savings Account or Term Deposits. Invest your idle cash in NRE savings deposits and earn up
More informationSBM India Indian Operations
SBM India Indian Operations Your Future Begins Here! We are offering attractive Interest Rates, be it on your Savings Account or Term Deposits. Invest your idle cash in NRE savings deposits and earn upto
More informationRATE OF INTEREST UNDER RETAIL CREDIT PRODUCTS w.e.f
RATE OF INTEREST UNDER RETAIL CREDIT PRODUCTS w.e.f 0.0.07 SL. NO. 3 4 ALL BANK AASHIANA (Home Loan Product) HOUSING FINANCE FOR NRI/PIO PREMIUM HOUSING FINANCE FOR HIGH NET WORTH INDIVIDUALS (HNIs) (for
More informationPersonal Segment Loan Products
Personal Segment Loan Products Rate of under with effect from 03/12/2018 1. Home Loan Product Home Loan - Floating Home Loan - Fixed Plot Loan HL under CRE Sub- Category Upto Rs. 75.00 Lakh 8.75% 0.00%
More information/Head Office. Sl. Rate of Interest (linked with MCLR- Y) MCLR-Y=8.60% w.e.f Category of Advance
龸 ؼ 맘 κꔰؼ 퀍ᅧ퀍 κ フィート䁯 맘 /United Bank of India 맘 ؼ ᅧ맘맘 /Head Office Rate of interest Chart on various categories of loans and advances linked with MCLR MCLR internal benchmark rate for different maturities
More informationRevised Service Charges W.E.F. 01 st May 2018
(Page 1 of 12) Head Office Circular No:62 Operation Department No:23 dated 31.3.2018 Date: - 31 st March 2018 Dear Customer, NOTICE FOR CUSTOMER You are aware that over the period there is overall steep
More informationSERVICE CHARGES AND INTEREST RATES AT A GLANCE RBI FORMAT. NATURE RATE OF INTEREST MINIMUM BALANCE Normal Sr. Citizen Rural Semi urban
SERVICE CHARGES AND INTEREST RATES AT A GLANCE 1. DEPOSIT ACCOUNTS RBI FORMAT NATURE RATE OF INTEREST MINIMUM BALANCE Normal Sr. Citizen Rural Semi urban Urban ACCOUNT 1 Savings Bank A/cs A.Domestic a.
More informationPenalty for delayed repayment s. Nil * 0.25% of the balance outstanding / Drawing power whichever is higher
A. Retail s Product Easy Cash (against securities other than deposits) PF/ Admn fee (excluding Taxes) 0.15% of limit, subject to minimum Rs. 150.00 Prepayment / Pre-closure charges Penalty for delayed
More informationSBM India Indian Operations
SBM India Indian Operations Your Future Begins Here! We are offering attractive Interest Rates, be it on your Savings Account or Term Deposits. Invest your idle cash in NRE savings deposits and earn up
More informationHome Loan Offer for Residents and NRIs - Introduced w.e.f to
MAIN: ADV-56 /2012-13 DT. 24-08-2012 a SUB : CRMKTG - 13 CO/PERSONAL BANKING DEPARTMENT FILE M- 2 S- 204 Home Loan - 2012 Offer for Residents and NRIs - Introduced w.e.f. 25.08.2012 to 31.10.2012 With
More informationDay 3 Simple vs Compound Interest.notebook April 07, Simple Interest is money paid or earned on the. The Principal is the
LT: I can calculate simple and compound interest. p.11 What is Simple Interest? What is Principal? Simple Interest is money paid or earned on the. The Principal is the What is the Simple Interest Formula?
More informationSchedule of Charges (SOC) Structured Retail Asset Products applicable to all existing and new customers. Page 1 of 6
1. Home Loan and Loan Against Property Foreclosure Charges Floating rate Home Loans Home Loan and Loan Against Property sanctioned to individuals Home Loans and Loan Against Property sanctioned to non
More informationINTEREST RATE FOR MICRO & SMALL ENTERPRISES (MSE) MSE PSL cases (without exposure ceiling) & MSE non-psl cases (for exposure up to 5 crore)
INTEREST RATE FOR MICRO & SMALL ENTERPRISES (MSE) MSE PSL cases (without exposure ceiling) & MSE non-psl cases (for exposure up to 5 crore) 1. Indicative Rate of Interest (ROI) structure (per annum) A.
More information# no other component to be added over and above these three components like tenor premium etc.
Bank of India Head Office CORPORATE CREDIT Department MARGINAL COST OF FUND BASED LENDING RATES (MCLR) Revision in Credit Spread w.e.f. 01.01.2017. ---------------------------------------------------------------------------------------------
More informationSBM India Indian Operations
SBM India Indian Operations Your Future Begins Here! We are offering attractive Interest Rates, be it on your Savings Account or Term Deposits. Invest your idle cash in NRE savings deposits and earn up
More information8. SERVICE CHARGES AND INTEREST RATES AT A GLANCE. RBI FORMAT ================ DEPOSIT ACCOUNTS
ACCOUNT 8. SERVICE CHARGES AND INTEREST RATES AT A GLANCE. RBI FORMAT ================ DEPOSIT ACCOUNTS NATURE RATE OF INTEREST MINIMUM BALANCE Normal Sr. Citizen Rural Semi urban Urban 1 Savings Bank
More informationSERVICE CHARGES AND INTEREST RATES AT A GLANCE RBI FORMAT 1. DEPOSIT ACCOUNTS
SERVICE CHARGES AND INTEREST RATES AT A GLANCE RBI FORMAT 1. DEPOSIT ACCOUNTS NATURE RATE OF INTEREST MINIMUM BALANCE Normal Sr. Citizen Rural Semi urban Urban ACCOUNT 1 Savings Bank A/cs A.Domestic a.
More informationCO: CR:POL:2017/2018:1733, FILE NO 26, DEPT RUNNING NO 124, DATE
CO: CR:POL:2017/2018:1733, FILE NO 26, DEPT RUNNING NO 124, DATE 01.06.2017 Revised Service charges for Advances other than Retail, Agriculture and Schematic MSME Advances (Fund Based and Non-fund Based
More informationSCHEDULE OF CHARGES. (Upfront / Processing / Documentation and Other Charges) a. Up to 5 lakh a. Nil b. Above 5 lakh b. 1% of the sanctioned amount
MSME (PSL & Non PSL) (including Renewable Energy and Social Infrastructure) (effective December 1, 2017 for new customers & effective January 1, 2018 for existing customers) Notes: 1. All charges are exclusive
More informationIntroduction to the Compound Interest Formula
Introduction to the Compound Interest Formula Lesson Objectives: students will be introduced to the formula students will learn how to determine the value of the required variables in order to use the
More informationDocuments required for CUB JEWEL LOAN
Documents required for CUB JEWEL LOAN Demand Promissery Note Hypothecation Agreement Pledge Agreement Rates & Other Charges : Annexure II A. Rate of Interest on Advances for Agricultural purposes: Sl.
More informationMOST IMPORTANT TERMS AND CONDITIONS
MOST IMPORTANT TERMS AND CONDITIONS Following are the Major Terms and Conditions agreed between (Borrower) and the (Housing Finance Co) are as under Loan Loan Amount Purpose of Loan Rate of Interest Tenure
More informationDocuments required for CUB HOUSING LOAN
Documents required for CUB HOUSING LOAN PAN Card Voter ID Ration Card Driving Licence Passport Employment Details Salary Certificate Income Proof Quotation from the vendor Construction Agreement (for House
More informationMonthly average balance (MAB) requirement
Service Charges (applicable wef April 1 2018) 1 Minimum monthly verage balance requirement and monthly maintenance charges in SB accounts 1.1 Where debit card has been issued to an account holder Monthly
More informationRETAIL & MSME LOANS - INTEREST RATE LINKED TO MCLR I. RETAIL LOANS
RETAIL & MSME LOANS - INTEREST RATE LINKED TO MCLR I. RETAIL LOANS 1. HOUSING LOANS i SyndNivas ii SyndKuteer (Scheme For Economically Weaker Section (EWS) and Low Income Group (LIG) Category) iii iv Tie-Up
More informationSCHEDULE OF CHARGES. Retail Business Division United Commercial Bank Limited
SCHEDULE OF CHARGES Retail Business Division United Commercial Bank Limited effective from January, 2018 Schedule of Charges, Retail Liability, Retail Business Division United Commercial Bank Limited Account
More informationANNEXURE - I SCHEDULE OF INTEREST RATE ON LOANS AND ADVANCES Base 10.50% w.e.f
ANNEXURE - I SCHEDULE OF INTEREST RATE ON LOANS AND ADVANCES WORKING CAPITAL LIMITS AND TERM LOANS Advances upto Rs.25 Lacs Term loan & Working Capital - Priority BR + 3.25% - Non-Priority BR + 4% - NBFCs
More informationSandesh. Issue: December Monthly Newsletter for NRI patrons. Inside this issue
Monthly Newsletter for NRI patrons Issue: December 2018 Sandesh Page I II III Inside this issue Content NRE, NRO & FCNR deposit rates Retail Loans Interest Rates Latest Financial News for NRIs For any
More informatione-circular PBBU - CORPORATE AND INSTITUTIONAL TIE-UPS. Sl. No. : 691/ Circular No. : NBG/PB/C&ITU-CSP/30/ Friday,November 12,2010..
e-circular PBBU - CORPORATE AND INSTITUTIONAL TIE-UPS. Sl. No. : 691/2010-11 Circular No. : NBG/PB/C&ITU-CSP/30/2010-11 Friday,November 12,2010.. The Chief General Manager, State Bank of India, Local Head
More informationSTATE GOVERNMENT SALARY PACKAGE SGSP REQUEST FOR CONVERSION OF SB ACCOUNT TO SGSP ACCOUNT AND AUTO SWEEP FACILITY
The Branch Manager State Bank of India Branch Annexure III Dear Sir, STATE GOVERNMENT SALARY PACKAGE SGSP REQUEST FOR CONVERSION OF SB ACCOUNT TO SGSP ACCOUNT AND AUTO SWEEP FACILITY I maintain a Saving
More informationPart 2. Finite Mathematics. Chapter 3 Mathematics of Finance Chapter 4 System of Linear Equations; Matrices
Part 2 Finite Mathematics Chapter 3 Mathematics of Finance Chapter 4 System of Linear Equations; Matrices Chapter 3 Mathematics of Finance Section 1 Simple Interest Section 2 Compound and Continuous Compound
More informationSERVICE CHARGES WITH EFFECT FROM (Applicable GST presently 18% to be collected on and above the rate mentioned below) PART-A
SERVICE CHARGES WITH EFFECT FROM 01.11.2017 (Applicable GST presently 18% to be collected on and above the rate mentioned below) PART-A GENERAL BANKING SERVICES ( DEPOSIT AND RELATED SERVICES) 1 Charges
More informationSBI BUILDER FINANCE SBI provides Builder Finance in following two ways:
SBI BUILDER FINANCE SBI BUILDER FINANCE SBI provides Builder Finance in following two ways: 1. SBI Asset Backed Loan For Residential Housing (ABL RH) 2. Builder Finance for Residential Housing Projects
More informationSimple Interest. Formula I = prt
Simple Interest Formula I = prt I = PRT I = interest earned (amount of money the bank pays you) P = Principal amount invested or borrowed. R = Interest Rate usually given as a percent (must changed to
More informationCREDIT FACILITY AGREEMENT BETWEEN. Insert the name of the Borrower AND THE SOUTH INDIAN BANK LTD
CREDIT FACILITY AGREEMENT (To be stamped as an agreement) BETWEEN Insert the name of the Borrower AND THE SOUTH INDIAN BANK LTD Facility Amount Rs. This forms part of the Agreement for credit facility
More information5.2 Partial Variation
5.2 Partial Variation Definition: A relationship between two variables in which the dependent variable is the sum of a number and a constant multiple of the independent variable. Notice: If we take the
More informationi) Revised Rate of Interest structure for MSE advances w.e.f :
Interest Rates linked to Base Rate: 1. Micro and Small Enterprises (MSE): i) Revised structure for MSE advances w.e.f. 05.10.2015: a. Advances to Micro & Small Enterprises covered under CGTMSE Category
More informationRate of Interest of Retail Lending Schemes w.e.f.1 st February 2018 (1Y-MCLR w.e.f = 8.20%)
र ट ल ब क ग व ववपणन ववभ ग RETAIL BANKING & MARKETING DEPARTMENT of Retail Lending Schemes w.e.f.1 st February 2018 (1Y-MCLR w.e.f. 01.02.2018 = 8.20%) 1. UNION HOME/UNION AWAS/UNION PARADISE FLOATING RATE
More informationFlexi Compensation Structure Guidelines: FY (Band 4 & above)
Flexi Compensation Structure Guidelines: FY 2017-18 (Band 4 & above) Introduction At Piramal Group, it is our constant endeavor to keep our compensation competitive with the industry and to enhance value
More informationMOST IMPORTANT TERMS AND CONDITIONS - FOR HOME LOANS
MOST IMPORTANT TERMS AND CONDITIONS - FOR HOME LOANS Loan Following are the major Terms and conditions agreed between (Borrower) and the (Housing Finance Co) Loan Amount Purpose of Loan To be determined
More informationTMB MSME CREDIT SCHEME
TMB MSME CREDIT SCHEME PARAMETERS Purpose Coverage SCHEME GUIDELINES To provide Bank Credit to MSME at liberalized terms towards working capital and term loan for acquiring fixed assets All Micro, Small
More informationBranch Name. Date of birth/ Incorporation D M M Y Y Y Y. Gender Male Female Third Caste SC ST OBC Minority Others
APPLICATION FOR CREDIT FACILITIES TO MICRO, SMALL AND MEDIUM ENTERPRISES BANK USE ONLY : Micro Small Medium Existing customer Y N Customer ID Product Code Branch Code Branch Covered by CGTMSE Y N CA A/C
More informationService Charges - (Updates up to 01/07/2017) : Rates in INR (I) SAVING DEPOSIT ACCOUNT A)OPENING & MAINTENANCE OF MINIMUM BALANCE IN THE ACCOUNT
Service Charges - (Updates up to 01/07/2017) : Rates in INR Particulars (I) SAVING DEPOSIT ACCOUNT A)OPENING & MAINTENANCE OF MINIMUM BALANCE IN THE ACCOUNT Service Charges Rs.10/- i) GREATER SWEEKAR SAVING
More informationRevision in Base Rate w.e.f
Bank of India Head Office CORPORATE CREDIT Department Revision in w.e.f. 31.03.2017 ---------------------------------- 1. has been revised from 9.65% to 9.55% p.a. w.e.f. 31.03.2017. 2. BPLR continues
More informationUNION BANK OF INDIA. Service Charges w.e.f (inclusive of Service Tax & Education
1 Savings Bank A/c- No frills A/c Minimum balance (Average Quarterly Balance) (i) Bio-metric Smart Card Enabled Accounts N.A. (ii) Other than Bio-metric Smart Card Enabled Accounts: a. North-Eastern states
More informationFollowing are the major Terms and conditions agreed between (Borrower) and the (Housing Finance Co)
MOST IMPORTANT TERMS AND CONDITIONS - FOR HOME LOANS Following are the major Terms and conditions agreed between (Borrower) and the (Housing Finance Co) Loan Loan Amount Purpose of Loan Rate of Interest
More informationA Bouquet of SBI Products for SME
A Bouquet of SBI Products for SME 1 Our initiatives to support you Dedicated SME Intensive branches Aligning MSMEs to supply chains of corporates Relationship Banking Wide Reach 2 Delivery Channel for
More informationSandesh FEB NRI s Monthly Newsletter
FEB 2018 Sandesh Prosperity for all FEB 2018 NRI s Monthly Newsletter NRI Cell, Head Office, Mangaladevi Temple Road Mangalore 575 001 1 Indians News From India NRIs can continue their PPF account now;
More information5 years to 10 years
TAMILNAD MERCANTILE BANK LIMITED Interest Rates and Service Charges Rates at a Quick Glance (As per format prescribed by RBI/2008-09/166 DBOD.No.Leg.BC.42 /09.07.005/2008-09 dated 12-09-2008) Rates at
More informationSTATE BANK OF SIKKIM ANNEXURE-A SERVICE CHARGES W.E.F
STATE BANK OF SIKKIM ANNEXURE-A SERVICE CHARGES W.E.F 21.12.2018 SL NATURE OF SERVICE SERVICE CHARGE (INCLUSIVE OF GST) 1 Issue of Cheque Books First 10 leaves in SB & 25 leaves in CA 10 leaves 50.00 25
More informationDIRECT HOUSING FINANCE SCHEME
DIRECT HOUSING FINANCE 1] For construction / acquiring of new or existing house/flat which has remaining life of applied tenure plus 10 years 2] For repairs, renovation, extension in the existing house
More informationSERVICE CHARGES WITH EFFECT FROM TRANSACTION TYPE SAVINGS CURRENT / OD / CC
TRANSACTION TYPE SAVINGS CURRENT / OD / CC MINIMUM BALANCE Rs.1000/- Rs.5000/- Account Maintenance Fee (applicable in case of non-maintenance of MINIMUM BALANCE) Shortfall Amount Charges (Rs.) 1-250 35
More informationDMI HOUSING FINANCE PRIVATE LIMITED MOST IMPORTANT TERMS AND CONDITIONS (MITC)
DMI HOUSING FINANCE PRIVATE LIMITED MOST IMPORTANT TERMS AND CONDITIONS (MITC) Page 1 of 7 MOST IMPORTANT TERMS AND CONDITIONS (MITC) (For individual Housing Loan) The Most Important Terms and Conditions
More informationUNIVERSITY OF TORONTO Joseph L. Rotman School of Management SOLUTIONS
UNIVERSITY OF TORONTO Joseph L. Rotman School of Management Oct., 08 Corhay/Kan RSM MID-TERM EXAMINATION Yang/Wang SOLUTIONS. a) The optimal consumption plan is C 0 = Y 0 = 0 and C = Y = 0. Therefore,
More informationService Charges (Effective from 1 st April 2015) (Service taxes as applicable will be collected extra) ACCOUNT RELATED.
Service Charges (Effective from 1 st April 2015) (Service taxes as applicable will be collected extra) Nature of Services Individuals / Sole Prop. / Partnership firms / Companies / Trusts and others in
More informationRevised Service Charges W.E.F. 01 st January 2016
(Page 1 of 10) Revised Service Charges W.E.F. 01 st January 2016 Date: - 30 th November 2015 Dear Customer, NOTICE FOR CUSTOMER You are aware that over the period there is overall steep rise in costs of
More informationLogarithmic Functions and Simple Interest
Logarithmic Functions and Simple Interest Finite Math 10 February 2017 Finite Math Logarithmic Functions and Simple Interest 10 February 2017 1 / 9 Now You Try It! Section 2.6 - Logarithmic Functions Example
More informationPREMIUM VERSION PREVIEW
FINANCIAL MATHS PREMIUM VERSION PREVIEW WWW.MATHSPOINTS.IE/SIGN-UP/ 205 LCHL Paper Question 6 (a) (i) Donagh is arranging a loan and is examining two different repayment options. Bank A will charge him
More informationINDEX. I) Fee Based Services. II) Other Services
SERVICE CHARGES INDEX I) Fee Based Services Sr. No. Page No. 1 Lockers 1 2 RuPay Card 2 3 Demand Draft 2 4 Cheque Book Charges 2 5 Payorder 3 6 Outstation Cheque for Collection 3 7 National Electronic
More informationAdvanced Financial Modeling. Unit 4
Advanced Financial Modeling Unit 4 Financial Modeling for Debt and Bonds Models for Debt Repayment Modeling Amortizing Loans EMIs Financial Modeling for Bonds Bond Pricing Models for Debt Repayment Companies
More informationIndex of Service charges on Credit Related Services
Index of Service charges on Credit Related Services S.No Details Page No 1 Purchase/Discount/Negotiation of Bills/Outstation Cheques 2 1.1 Commission / Collection charges plus interest on BP 2 1.2 Overdue
More informationAbove Annexure for interest for Deposits and on advances existing as well as revised w.e.f in our Bank are enclosed.
The details of revised rates are as per annexure listed below: Sr. No. Annexure Particulars 1 Annexure A Rate of Interest for Deposits 2 Annexure B Rate of Interest on Priority Sector Loans 3 Annexure
More informationService Charges (Effective from 15 th April 2014) (Service taxes as applicable will be collected extra) ACCOUNT RELATED. <=Rs.
Service Charges (Effective from 15 th April 2014) (Service taxes as will be collected extra) Nature of Services Individuals / Sole Prop. / Partnership firms / Companies / Trusts and others in non-rural
More informationEQUATED MONTHLY INSTALLMENTS (EMI)
Today, we have a loan for just about everything, be it a house, car, foreign trip and even a mobile. The 'loan culture' has caught on in a big way. A majority of people have availed of loans at some point
More informationMortgages. Amount of Mortgage: difference between sale price and the down payment.
Mortgages Mortgage: a long-term installment loan for the purpose of buying a home. If payments are not made on the loan, the lender may take possession of the property. Down Payment: A percentage of the
More informationSCHEDULE OF INTEREST RATE ON LOANS AND ADVANCES Base 10.40% w.e.f
SCHEDULE OF INTEREST RATE ON LOANS AND ADVANCES WORKING CAPITAL LIMITS AND TERM LOANS Advances less than & including Rs.25 Lacs Term loan & Working Capital - Priority - Non-Priority - NBFCs [excl Micro
More informationWORKING CAPITAL FINANCE. CA B.L. Maheshwari
WORKING CAPITAL FINANCE CA B.L. Maheshwari WHY DO WE NEED TO STUDY FINANCE Almost half of all ventures fail because of poor financial management -Dun & Bradstreet 2 Parameters to choose right Source of
More informationREVISED SERVICE CHARGES W.E.F CHAPTER - I Bills/Cheques for collection:
REVISED SERVICE CHARGES W.E.F 01.07.2017 CHAPTER - I Bills/Cheques for collection: 1. Outward/Inward Collection of Cheques/Instruments: A) Outstation Cheques/Demand Drafts/Interest Warrants/Dividend Warrants,
More informationSection 8.3 Compound Interest
Section 8.3 Compound Interest Objectives 1. Use the compound interest formulas. 2. Calculate present value. 3. Understand and compute effective annual yield. 4/24/2013 Section 8.3 1 Compound interest is
More informationINR 200 each additional request. previous year - INR 200 per month
India Current Accounts Certification of balance of account GL 7277261 Free for first certificate INR 200 each additional request Cheques returned NSF (other than for technical INR 250 reason) (refer drawer,
More informationJHARKHAND GRAMIN BANK HEAD OFFICE
JHARKHAND GRAMIN BANK HEAD OFFICE Branch Circular : 2011-12/16 Sub-subject : EDUCATION LOAN / 1 Sub : Advances /RETAIL LOANS Ref : ADV:MKV Date: 26.09.2011 CIRCULAR TO ALL BRANCHES / OFFICES 1. INTRODUCTION:
More informationSECTION IV LOANS TO AWARD STAFF. Compiled by: Bank of India Employees' Union (Jharkhand State)
SECTION IV LOANS TO AWARD STAFF Transfer of Staff Loan A/cs : In case of Transfer of staff: - Procedure Amendments Pl Ref circular No: 99/91 Dt. 12.09.2005, 99/65 Dt. 21.07.05, HL A/c: 88/47 Dt. 29.06.94
More informationBuy-to-let product guide
Buy-to-let mortgages Non-portfolio Buy-to-let product guide Non-portfolio - England & Wales 3.50% 3 YEAR FIXED 999 fee - 75% LTV PAGE 3 3.59% 5 YEAR FIXED 999 fee - 75% LTV PAGE 4 0345 849 4040 0345 849
More informationREVISED SERVICE CHARGES ON FOREIGN EXCHANGE TRANSACTIONS W.E.F. MAY 20, 2013
REVISED SERVICE CHARGES ON FOREIGN EXCHANGE TRANSACTIONS W.E.F. MAY 20, 2013 TYPES OF TRANSACTION 1 For each Foreign Currency and Rupee Bill Purchased/ Discounted/ Negotiated Collection/Bills under PCFC/
More informationRAAS Affordable Housing Finance (India) Limited MOST IMPORTANT TERMS AND CONDITIONS (MITC)
Name Of Borrower Name Of Co-Borrower Address Loan Account Number Application Number Major Terms and Conditions of the loan agreed to between Applicant(s)/ Co-applicant(s) (hereinafter individually and/or
More informationNOTICE ON REVISION OF RATE OF INTEREST ON ALL LOANS WEF 01/09/2018
CIN L85110KA1987PLC008699 Registered Office No. 29/1, 1st Floor, M N Krishna Rao Road Basavanagudi, Bangalore 560 004 Tel: 26567655, Fax: 26565746 E-mail: credit@canfinhomes.com Web : www.canfinhomes.com
More informationGRUH Finance Limited (A Subsidiary of HDFC Limited) March 2017
GRUH Finance Limited (A Subsidiary of HDFC Limited) March 2017 1 GRUH PROFILE 2 2 Promoted by HDFC & AKFED on July 21, 1986 Commenced operations in 1988 from Ahmedabad A subsidiary of HDFC - Since June
More information3/6, Siri Fort Institutional Area, August Kranti Marg, New Delhi Ph: , , , , Fax :
3/6, Siri Fort Institutional Area, August Kranti Marg, New Delhi -110049 Ph: 2649 5506, 2649 6507, 2649 4508, 2649 7509, 2649 5635 Fax : 2649 6332 LOAN APPLICTION FOR CONVERSATION OF PROPERTY FROM LEASEHOLD
More informationAnnexure to Directors Report for Financial Year Disclosure pursuant to SEBI (Share Based Employee Benefits) Regulations, 2014
Annexure to Directors Report for Financial Year 2017-18 Disclosure pursuant to SEBI (Share Based Employee Benefits) Regulations, 2014 The Securities and Exchange Board of India (SEBI), vide its notification
More informationChapter 2: BASICS OF FIXED INCOME SECURITIES
Chapter 2: BASICS OF FIXED INCOME SECURITIES 2.1 DISCOUNT FACTORS 2.1.1 Discount Factors across Maturities 2.1.2 Discount Factors over Time 2.1 DISCOUNT FACTORS The discount factor between two dates, t
More informationStandard Tariff of Charges 2019
1 Standard Tariff of Charges 2019 1. CUSTOMER SERVICES S.N. Services 1.1 Issuance of Cheque Book (Same branch) Free 1.2 Issuance of Cheque Book (Other branch) Free 1.3 Issuance of Loose Cheque NPR 50/-
More informationANNEXURE V [Earlier Annexure-III] Service Charges related to Large/Mid Advances. Functional Dept. : Corporate Credit (Large Corporate & Mid Corporate)
ANNEXURE V [Earlier Annexure-III] Service Charges related to Large/Mid Advances Functional Dept. : Corporate Credit (Large Corporate & Mid Corporate) Sr. No. 1 Processing charges: (Working Capital) For
More information1. RATE OF INTEREST IN CASE OF RUPEE EXPORT CREDIT. % age per annum 1. Pre-Shipment Credit a) Upto 180 days OBC 1 to 3: BR+0.50% OBC 4 to 6: BR+0.
1. RATE OF INTEREST IN CASE OF RUPEE EXPORT CREDIT Annexure IV Category of Export Credit Rate of Interest on advances % age per annum 1. Pre-Shipment Credit a) Upto 180 days OBC 1 to 3: BR+0.50% OBC 4
More informationSmall Business Banking
Small Business Banking Unsecured Product Secured Product NFB Business Loan Unsecured OD Quick OD Others Secured OD Cash Credit Secured Term Loan CGTMSE LC BG LER Buyer Credit Standup India LCBN Others
More informationCENTRAL BANK OF INDIA Schedule of service charges (revised w.e.f 01/11/2018 Schedule-I BASIC BANKING SERVICES
SR. 1 MICR & NON-MICR Cheque Book charges. 1.1 SB & Prathamik Bachat Bank Jama Khata A/C. 1.2 Cent Premium A/C Rural Semi urban Urban Metro CENTRAL BANK OF INDIA Schedule of service charges (revised w.e.f
More informationINTERNATIONAL DIVISION
I. EXPORTS 1. (A) Bills Purchased / Discounted / Negotiated (a) Processing Charges for Foreign Currency Export Bills (b) Processing Charges for each Rupee Export Bills (c) Forwarding Export Document on
More informationSCHEDULE OF SERVICE CHARGES (Exclusive of Service-Tax & Cess )
SCHEDULE OF SERVICE CHARGES (Exclusive of Service-Tax & Cess ) Page 1 of 12 ANNEXURE - I 1.PROCESSING CHARGES: Processing/upfront fee is to be charged as under: i) For all loans up to one year, processing
More informationEngineering Economy Chapter 4 More Interest Formulas
Engineering Economy Chapter 4 More Interest Formulas 1. Uniform Series Factors Used to Move Money Find F, Given A (i.e., F/A) Find A, Given F (i.e., A/F) Find P, Given A (i.e., P/A) Find A, Given P (i.e.,
More informationSimple Interest INTRODUCTION INTEREST
Simple Interest INTRODUCTION Every human being irrespective of their profession, deals with money either as a borrower or as a lender. Business organisations implement new ideas through new projects for
More informationCompound Interest Questions Quiz for CDS, CLAT, SSC and Bank Clerk Pre Exams.
Compound Interest Questions Quiz for CDS, CLAT, SSC and Bank Clerk Pre Exams. Compound Interest Quiz 4 Directions: Kindly study the following Questions carefully and choose the right answer: 1. Sanjay
More informationCHAPTER 2. Financial Mathematics
CHAPTER 2 Financial Mathematics LEARNING OBJECTIVES By the end of this chapter, you should be able to explain the concept of simple interest; use the simple interest formula to calculate interest, interest
More informationupto 14 days Nil; < 1 yr - Rs. 350; >= 1 yr - nil Rs.150 per instrument Rs.350/- for series of instruments 3 Signature Verification Rs. 125 Rs.
Service Charges (Effective from 1 st July 2017) (Service taxes as applicable will be collected extra) Current Segment Non rural Rural S.No Type of Charge Proposed Proposed 1 Account closure charges upto
More information4.7 Compound Interest
4.7 Compound Interest 4.7 Compound Interest Objective: Determine the future value of a lump sum of money. 1 Simple Interest Formula: InterestI = Prt Principal interest rate time in years 2 A credit union
More informationComputational Mathematics/Information Technology
Computational Mathematics/Information Technology 2009 10 Financial Functions in Excel This lecture starts to develop the background for the financial functions in Excel that deal with, for example, loan
More informationExposure slab Up to Rs.10 lakh Exposure slab Up to Rs. 25 lakh MSEs MCLR + BSS MSEs MCLR % + BSS Non MSEs MCLR + 1% + BSS Non MSEs
Interest rate Linked to : 1. Slab wise rate of interest for exposure up to Rs 25 Lakh Existing ROI Revised ROI* Exposure slab Up to Rs.10 lakh Exposure slab Up to Rs. 25 lakh MSEs + BSS MSEs + 1.75% +
More informationAdvance Related Service Charges ( C&I, SME and AGL Segments) Existing Charges. Fund Based + Non-fund based limits: Up to Rs.
1 (a) Loan Processing Charges (other than ABU) (To be charged on Adhoc limits also) (Applicable also to loans under Consortium arrangement, to the extent of our share) (For food processing industry, the
More informationSurvey of Math: Chapter 21: Consumer Finance Savings (Lecture 1) Page 1
Survey of Math: Chapter 21: Consumer Finance Savings (Lecture 1) Page 1 The mathematical concepts we use to describe finance are also used to describe how populations of organisms vary over time, how disease
More information3.1 Mathematic of Finance: Simple Interest
3.1 Mathematic of Finance: Simple Interest Introduction Part I This chapter deals with Simple Interest, and teaches students how to calculate simple interest on investments and loans. The Simple Interest
More information