Table .3.

1 Types of Retail Loans

1. Home Loan
3. interest subsidy scheme for
Housing the Urban Poor (ISHUP)
5. Mortgage Loan
7. Car Loan
9. Loan to Professionals
11. Personal Loan

2. Home Loan to NRIs / PIOs

4. Loan Against Future Rent
Receivables
6. Education Loan
8. Two wheeler Loan
10. traders Loan
12. Loan for financing Individual for
subscription to public issue / IPO

13. Reverse Mortgage Loan

3.11.33
a) In case of salaried Person
Monthly Income
Up to Rs . 20,000
More that Rs. 20,000 and Up to Rs
1,00,000
More than Rs 1,00,000

Eligible amount of Loan

36 times of monthly gross income
48 times of monthly gross income
54 times of monthly gross income

3.11.3.4 Repaying capacity

i.

In case of salaried Persons

Monthly Income
Up to Rs 20,000
More than Rs.20000 and up to
Rs50,000
Above Rs 50000 and up to Rs 1,00,000
Above Rs. 1,00,000
ii.

Total deduction not to exceed

(Including proposed EMI)
40 %
50 %
60 %
60 %

In case of others

Monthly Income
Up to Rs 2.4 Lakhs
Above Rs 2.4 lakhs and Upto Rs 12
Lakhs
Above Rs 12 Lakhs

Total deduction not to exceed

(Including proposed EMI)
50 %
60 %
70 %

For salaries Person

Monthly Income
Up to Rs 20,000

Above Rs. 20,000

Purpose
Purchase of Plot
House / Flat already constructed from own
resources
Al other Case s
Purchase of Plot
House / Flat already constructed from own
resources
Al other Case s

Margin
20 %
25 %
20 %
20 %
20%
15%

Table 3.2 Rating Parameters for Housing Loan

Sr
No
1.

Variable

Score

Borrower age (in Year)

a)
b)
c)
d)
e)

08
Above 18 upto 25
Above 25 upto 40
Above 40 upto 50
More than 50

Max

Min

12

10

0
1
4
5
0

2.

Education Qualifications
a)
b)
c)
d)
e)

Doctorate / Post Graduate

Graduate
Diploma
Higher Secondary
Less than Higher secondary

5
3
2
1
0

3.

Marital Status
a) Married
b) Single

4.

12
3

Mobility of Individual - Location

a) Has not changed location in past 3
years
b) Changed location once in past 3 years
c) Changed location more than once in
3years

10
3
0

Sr.
No
5.

Variable

Score

No of dependents
a)
b)
c)
d)

Zero
One
Two
More than two

Max

Min

14

-4

Max

Min

12

-5

8
5
2
0

6.

Number of join applicants

a) 0
b) 1
c) 2 or more

0
5
9

7.

Relationship with bank

a)
b)
c)
d)

All banking done through bank

Good track record of banking with bank
Short term relationship
No existing relationship

14
12
3
-4

8.

Employer type
a)
b)
c)
d)
e)
f)
g)

Govt./ Public sector

MNC
Listed private sector companies
Professional
Unlisted private companies
Own business
Self employed

h) Pensioner drawing pension through Bank of

Baroda

i) Pensioner drawing pension from others

j) Others

9
9
9
4
8
2
2
0
0
0

9.

Designation
a) Senior Management
b) Middle Management or Self employed
c) Junior / Clerical / Pensioners

5
3
0

Sr
No
10.

Variable
Stability of Income

Score

a) Income has been steadily increasing

over than last 3 years
b) Income has been almost the same over

12
7

the last Year

c) Income has been unstable over the last
3 years
d) Income has been steadily decreasing
11.

over the last 3 years

Proof of Income of Borrower
a)
b)
c)
d)

Income tax returns

Salary slip
Letterhead
No proof

9
-5
3

15

-8

3
3
1
0

12.

Marketability of property (Marketability will

increase if significant development are
happening in nearby areas, also it will
depend on the condition of the property etc.)
a)
b)
c)
d)

Very good
Good
Fair
Poor

15
10
5
-8

13.

Housing loan purpose category

a)
b)
c)
d)

Construction (New)
Purchase (Old Construction)
Improvement
Foreclosure (for borrowers who borrow

in order to repay a previous housing

loan)
e) Loan given under the rural housing
scheme

0
8

Sr
No
14.

Variable

Score

Loan to value ratio

a)
b)
c)
d)

Less than 0.5

0.5 0.7
Above 0.7 upto 0.9
More than 0.9

Max

Min

18

10

-5

12

-4

168

-23

18
12
7
0

15.

Net worth to loan ratio

a)
b)
c)
d)
e)
f)

0 0.5
Above 0.5 upto 0.75
Above 0.75 upto 1.0
Above 1.0 upto 1.5
Above 1.5 upto 2.5
More than 2.5

0
1
2
3
4
5

16.

Net annual income of the borrower (In Rs)

a)
b)
c)
d)
e)

Less than 1,00,000

1,00,000 2,00,000
Above 2,00,000 upto 3,50,000
Above 3,50,000 upto 6,00,000
More than 6,00,000

-5
2
4
6
10

17.

Fixed obligation to income ratio

a)
b)
c)
d)

0 0.3
Above 0.3 upto 0.5
Above 0.5 upto 0.7
More than 0.7

12
8
4
0

18.

Guarantors net worth to loan ratio

a) 0 0.5
b) Above 0.5 up 1
c) More than 1

-4
4
8

Sum

3.11.3.313 Unified processing charges

Loans upto Rs .20 Lakhs
Loans above Rs 20 lakhs

0.35 % of loan amount

0.40 % of loan amount

Maximum

Rs 15,000

Table 3.3 different types of loan and their interest Rate

Loan Types

Limitations

Housing Loan

Upto 66
months
Upto 10 Yrs
15

Housing Lon
Housing Loan
Consumer Durables
Personal Loan

Personal Loan
Vehicle Loan
Vehicle Loan
Cash Credit
Mortgage / HP
Machinery loan
Bill Discounting
Bill discounting
Cash purchase
credit sales
Self employment
Loan / OD Against
Govt. securities
Education Loan
Education Lon
Loan against Share
Project finance
3.12.5.4.
Period
Up to 5 years
Upt to 10 Years
Upto 15 years

Against
property
Travel
23
wheeler
4 wheeler
CC
OD
TUF
Letter of
credit
Simple

Boy
Girl

Upto Rs
1 lakh

Upto Rs Upto Rs
Lakhs
50
Lakhs

Above
Rs
50
Lakhs

10.50

10.50

10.50

10.50

11
11.50
14

11
11.50
14

11
11.50
14

11
11.50
14

15

15

15

15

13

13

13

13

13

13

13

13

13
12.50
14.50
12.50

13
12.50
14.50
12.50

13
12.50
14.50
12.50

13
12.50
14.50
12.50

12

12

12

12

15

15

15

15

11

11

11

11

10.50

10.50

10.50

10.50

11

11

11

11

10.50
13
14.5
13.5

10.50
13
14.5
13.5

10.50
13
14.5
13.5

10.50
13
14.5
13.5

Interst Rate (in %)

10.5
11.0
11.5