Retail Loan in Banking
Retail Loan in Banking
Retail Loan in Banking
He has planned to buy a house costing Rs. 60 Lacs. Since he does not have the required amount
He has decided to raise Housing Loan of Rs. 40 Lacs and the balance amount of Rs. 20 lacs is avaialble with him as savings.
The details of his salary as per last month July 2019 Salary slip is as under:
1 Basic 35000
2 Dearness Allowance 22500
3 House Rent Allowance 11500
4 Conveyance Allowance 9000
5 Special Allowance 2000
Total Earnings ( A ) 80000
Deductions
1 Basic 384000
2 Dearness Allowance 252000
3 House Rent Allowance 138000
4 Conveyance Allowance 96000
5 Special Allowance 24000
6 Incentive annual 75000
Total Earnings ( A ) 969000
Deductions
s
Annual gross salary as per last year ITR 969000
Credit Score 36
As deductions including proposed EMI exceed 50% of the Gross Salary Akshay is not eligible. However, he can opt fo
S No Risk Parameters
Age of applicant with major share of income/Age of main
1 promotor of company (in case of loan against future lease
rental)
7 Repayment Period
15 Credit History
Total Score
Up to 30 years 4
Above 30 years to 50 years- 3 3
Above 50 years to 60 years 2
Above 60 years 1
Owned by Self/Spouse 4
Owned by parents of Self/Spouse 3
3
Within city municipality limits in the same city/town/other
centre between 10 Km to 20 Km by branches other than
RABs
2
Within city municipality limits in the same city/town/other
centre above 20 Km by branches other than RABs
1
Within fast growing neighboring Satellite towns of metros
only or Suburbs of metros only 0
If the proposed property is located at different city/centre
but the loan is sanctioned by the branch/RAB near to the
borrower’s present place of work/posting/residence
The proposed property is located at different city/centre
and the loan is not sanctioned by the branch / RAB near to
the borrower’s present place of work /posting/residence
Any Other
Salaried - Govt service 4
Salaried - PSU 4
Salaried - Blue Chip Cos. 4 4
Salaried - Private 3
Professional - CA 3
Professional - Engineer/architect 3
Professional - Lawyer 3
Professional - MBBS/MD Doctor
Businessman/Self employed
Small & Marginal farmers
Other agriculturists
Others
Above 15 years
4
Above 10 years upto 15 years
3
Above 3 years up to 10 Years 2 2
Up to 3 years
1
IT assessee and tax paid during last year
4 4
IT assesssee but no tax paid 3
Earns but no formal source 2
No source of income 1
Above 20 years upto 25 years
0
Above 15 years upto 20 years
1 1
Above 10 years upto 15 years
2
Above 5 years upto 10 years 3
Upto 5 years
4
More than 200%
4
More than 100% and up to 200% 3
More than 50% and up to 100%
2 2
Up to 50%
1
Up to 0.20
More than 0.20 and up to 0.49 2
More than 0.49 and upto 0.75
More than 0.75
4
More than or equal to 4 but less than 5 times
3
More than or equal to 3 but less than 4 times
2
More than or equal to 2 but less than 3 times
1 1
Less than 2 times
0
36
25
ROI 9%
Repayment 20 years
cc Loan interest total Instal Bal
Sep-19 4000000 30000 4030000 33568 3996432
Oct-19 3996432 29973 4026405 33568 3992837
Nov-19 3992837 29946 4022784 33568 3989216
Dec-19 3989216 29919 4019135 33568 3985567
Jan-20 3985567 29892 4015458 33568 3981890 Rs. -33,567.85
Feb-20 3981890 29864 4011755 33568 3978187
Mar-20 3978187 29836 4008023 33568 3974455
Apr-20 3974455 29808 4004263 33568 3970695
May-20 3970695 29780 4000476 33568 3966908
Jun-20 3966908 29752 3996659 33568 3963091
Jul-20 3963091 29723 3992815 33568 3959247
Aug-20 3959247 29694 3988941 33568 3955373
Sep-20 3955373 29665 3985038 33568 3951470
Oct-20 3951470 29636 3981106 33568 3947538
Nov-20 3947538 29607 3977145 33568 3943577
Dec-20 3943577 29577 3973154 33568 3939586
Jan-21 3939586 29547 3969133 33568 3935565
Feb-21 3935565 29517 3965081 33568 3931513
Mar-21 3931513 29486 3961000 33568 3927432
Apr-21 3927432 29456 3956887 33568 3923319
May-21 3923319 29425 3952744 33568 3919176
Jun-21 3919176 29394 3948570 33568 3915002
Jul-21 3915002 29363 3944365 33568 3910797
Aug-21 3910797 29331 3940128 33568 3906560
Sep-21 3906560 29299 3935859 33568 3902291
Oct-21 3902291 29267 3931558 33568 3897990
Nov-21 3897990 29235 3927225 33568 3893657
Dec-21 3893657 29202 3922859 33568 3889291
Jan-22 3889291 29170 3918461 33568 3884893
Feb-22 3884893 29137 3914030 33568 3880462
Mar-22 3880462 29103 3909565 33568 3875997
Apr-22 3875997 29070 3905067 33568 3871499
May-22 3871499 29036 3900535 33568 3866967
Jun-22 3866967 29002 3895970 33568 3862402
Jul-22 3862402 28968 3891370 33568 3857802
Aug-22 3857802 28934 3886735 33568 3853167
Sep-22 3853167 28899 3882066 33568 3848498
Oct-22 3848498 28864 3877362 33568 3843794
Nov-22 3843794 28828 3872622 33568 3839054
Dec-22 3839054 28793 3867847 33568 3834279
Jan-23 3834279 28757 3863036 33568 3829468
Feb-23 3829468 28721 3858189 33568 3824621
Mar-23 3824621 28685 3853306 33568 3819738
Apr-23 3819738 28648 3848386 33568 3814818
May-23 3814818 28611 3843429 33568 3809861
Jun-23 3809861 28574 3838435 33568 3804867
Jul-23 3804867 28537 3833403 33568 3799835
Aug-23 3799835 28499 3828334 33568 3794766
Sep-23 3794766 28461 3823227 33568 3789659
Oct-23 3789659 28422 3818081 33568 3784513
Nov-23 3784513 28384 3812897 33568 3779329
Dec-23 3779329 28345 3807674 33568 3774106
Jan-24 3774106 28306 3802412 33568 3768844
Feb-24 3768844 28266 3797110 33568 3763542
Mar-24 3763542 28227 3791769 33568 3758201
Apr-24 3758201 28187 3786387 33568 3752819
May-24 3752819 28146 3780965 33568 3747397
Jun-24 3747397 28105 3775503 33568 3741935
Jul-24 3741935 28065 3769999 33568 3736431
Aug-24 3736431 28023 3764455 33568 3730887
Sep-24 3730887 27982 3758868 33568 3725300
Oct-24 3725300 27940 3753240 33568 3719672
Nov-24 3719672 27898 3747570 33568 3714002
Dec-24 3714002 27855 3741857 33568 3708289
Jan-25 3708289 27812 3736101 33568 3702533
Feb-25 3702533 27769 3730302 33568 3696734
Mar-25 3696734 27726 3724459 33568 3690891
Apr-25 3690891 27682 3718573 33568 3685005
May-25 3685005 27638 3712643 33568 3679075
Jun-25 3679075 27593 3706668 33568 3673100
Jul-25 3673100 27548 3700648 33568 3667080
Aug-25 3667080 27503 3694583 33568 3661015
Sep-25 3661015 27458 3688473 33568 3654905
Oct-25 3654905 27412 3682316 33568 3648748
Nov-25 3648748 27366 3676114 33568 3642546
Dec-25 3642546 27319 3669865 33568 3636297
Jan-26 3636297 27272 3663569 33568 3630001
Feb-26 3630001 27225 3657226 33568 3623658
Mar-26 3623658 27177 3650836 33568 3617268
Apr-26 3617268 27130 3644397 33568 3610829
May-26 3610829 27081 3637910 33568 3604342
Jun-26 3604342 27033 3631375 33568 3597807
Jul-26 3597807 26984 3624791 33568 3591223
Aug-26 3591223 26934 3618157 33568 3584589
Sep-26 3584589 26884 3611473 33568 3577905
Oct-26 3577905 26834 3604739 33568 3571171
Nov-26 3571171 26784 3597955 33568 3564387
Dec-26 3564387 26733 3591120 33568 3557552
Jan-27 3557552 26682 3584234 33568 3550666
Feb-27 3550666 26630 3577296 33568 3543728
Mar-27 3543728 26578 3570306 33568 3536738
Apr-27 3536738 26526 3563263 33568 3529695
May-27 3529695 26473 3556168 33568 3522600
Jun-27 3522600 26419 3549019 33568 3515451
Jul-27 3515451 26366 3541817 33568 3508249
Aug-27 3508249 26312 3534561 33568 3500993
Sep-27 3500993 26257 3527251 33568 3493683
Oct-27 3493683 26203 3519885 33568 3486317
Nov-27 3486317 26147 3512465 33568 3478897
Dec-27 3478897 26092 3504988 33568 3471420
Jan-28 3471420 26036 3497456 33568 3463888
Feb-28 3463888 25979 3489867 33568 3456299
Mar-28 3456299 25922 3482221 33568 3448653
Apr-28 3448653 25865 3474518 33568 3440950
May-28 3440950 25807 3466757 33568 3433189
Jun-28 3433189 25749 3458938 33568 3425370
Jul-28 3425370 25690 3451061 33568 3417493
Aug-28 3417493 25631 3443124 33568 3409556
Sep-28 3409556 25572 3435128 33568 3401560
Oct-28 3401560 25512 3427071 33568 3393503
Nov-28 3393503 25451 3418955 33568 3385387
Dec-28 3385387 25390 3410777 33568 3377209
Jan-29 3377209 25329 3402538 33568 3368970
Feb-29 3368970 25267 3394237 33568 3360669
Mar-29 3360669 25205 3385874 33568 3352306
Apr-29 3352306 25142 3377449 33568 3343881
May-29 3343881 25079 3368960 33568 3335392
Jun-29 3335392 25015 3360407 33568 3326839
Jul-29 3326839 24951 3351790 33568 3318222
Aug-29 3318222 24887 3343109 33568 3309541
Sep-29 3309541 24822 3334363 33568 3300795
Oct-29 3300795 24756 3325551 33568 3291983
Nov-29 3291983 24690 3316672 33568 3283104
Dec-29 3283104 24623 3307728 33568 3274160
Jan-30 3274160 24556 3298716 33568 3265148
Feb-30 3265148 24489 3289637 33568 3256069
Mar-30 3256069 24421 3280489 33568 3246921
Apr-30 3246921 24352 3271273 33568 3237705
May-30 3237705 24283 3261988 33568 3228420
Jun-30 3228420 24213 3252633 33568 3219065
Jul-30 3219065 24143 3243208 33568 3209640
Aug-30 3209640 24072 3233712 33568 3200144
Sep-30 3200144 24001 3224145 33568 3190577
Oct-30 3190577 23929 3214507 33568 3180939
Nov-30 3180939 23857 3204796 33568 3171228
Dec-30 3171228 23784 3195012 33568 3161444
Jan-31 3161444 23711 3185155 33568 3151587
Feb-31 3151587 23637 3175224 33568 3141656
Mar-31 3141656 23562 3165218 33568 3131650
Apr-31 3131650 23487 3155137 33568 3121569
May-31 3121569 23412 3144981 33568 3111413
Jun-31 3111413 23336 3134749 33568 3101181
Jul-31 3101181 23259 3124440 33568 3090872
Aug-31 3090872 23182 3114053 33568 3080485
Sep-31 3080485 23104 3103589 33568 3070021
Oct-31 3070021 23025 3093046 33568 3059478
Nov-31 3059478 22946 3082424 33568 3048856
Dec-31 3048856 22866 3071722 33568 3038154
Jan-32 3038154 22786 3060941 33568 3027373
Feb-32 3027373 22705 3050078 33568 3016510
Mar-32 3016510 22624 3039134 33568 3005566
Apr-32 3005566 22542 3028107 33568 2994539
May-32 2994539 22459 3016998 33568 2983430
Jun-32 2983430 22376 3005806 33568 2972238
Jul-32 2972238 22292 2994530 33568 2960962
Aug-32 2960962 22207 2983169 33568 2949601
Sep-32 2949601 22122 2971723 33568 2938155
Oct-32 2938155 22036 2960191 33568 2926623
Nov-32 2926623 21950 2948573 33568 2915005
Dec-32 2915005 21863 2936868 33568 2903300
Jan-33 2903300 21775 2925074 33568 2891506
Feb-33 2891506 21686 2913193 33568 2879625
Mar-33 2879625 21597 2901222 33568 2867654
Apr-33 2867654 21507 2889161 33568 2855593
May-33 2855593 21417 2877010 33568 2843442
Jun-33 2843442 21326 2864768 33568 2831200
Jul-33 2831200 21234 2852434 33568 2818866
Aug-33 2818866 21141 2840007 33568 2806439
Sep-33 2806439 21048 2827488 33568 2793920
Oct-33 2793920 20954 2814874 33568 2781306
Nov-33 2781306 20860 2802166 33568 2768598
Dec-33 2768598 20764 2789362 33568 2755794
Jan-34 2755794 20668 2776463 33568 2742895
Feb-34 2742895 20572 2763467 33568 2729899
Mar-34 2729899 20474 2750373 33568 2716805
Apr-34 2716805 20376 2737181 33568 2703613
May-34 2703613 20277 2723890 33568 2690322
Jun-34 2690322 20177 2710499 33568 2676931
Jul-34 2676931 20077 2697008 33568 2663440
Aug-34 2663440 19976 2683416 33568 2649848
Sep-34 2649848 19874 2669722 33568 2636154
Oct-34 2636154 19771 2655925 33568 2622357
Nov-34 2622357 19668 2642025 33568 2608457
Dec-34 2608457 19563 2628020 33568 2594452
Jan-35 2594452 19458 2613911 33568 2580343
Feb-35 2580343 19353 2599695 33568 2566127
Mar-35 2566127 19246 2585373 33568 2551805
Apr-35 2551805 19139 2570944 33568 2537376
May-35 2537376 19030 2556406 33568 2522838
Jun-35 2522838 18921 2541759 33568 2508191
Jul-35 2508191 18811 2527003 33568 2493435
Aug-35 2493435 18701 2512136 33568 2478568
Sep-35 2478568 18589 2497157 33568 2463589
Oct-35 2463589 18477 2482066 33568 2448498
Nov-35 2448498 18364 2466862 33568 2433294
Dec-35 2433294 18250 2451543 33568 2417975
Jan-36 2417975 18135 2436110 33568 2402542
Feb-36 2402542 18019 2420561 33568 2386993
Mar-36 2386993 17902 2404896 33568 2371328
Apr-36 2371328 17785 2389112 33568 2355544
May-36 2355544 17667 2373211 33568 2339643
Jun-36 2339643 17547 2357190 33568 2323622
Jul-36 2323622 17427 2341050 33568 2307482
Aug-36 2307482 17306 2324788 33568 2291220
Sep-36 2291220 17184 2308404 33568 2274836
Oct-36 2274836 17061 2291897 33568 2258329
Nov-36 2258329 16937 2275267 33568 2241699
Dec-36 2241699 16813 2258511 33568 2224943
Jan-37 2224943 16687 2241630 33568 2208062
Feb-37 2208062 16560 2224623 33568 2191055
Mar-37 2191055 16433 2207488 33568 2173920
Apr-37 2173920 16304 2190224 33568 2156656
May-37 2156656 16175 2172831 33568 2139263
Jun-37 2139263 16044 2155308 33568 2121740
Jul-37 2121740 15913 2137653 33568 2104085
Aug-37 2104085 15781 2119865 33568 2086297
Sep-37 2086297 15647 2101944 33568 2068376
Oct-37 2068376 15513 2083889 33568 2050321
Nov-37 2050321 15377 2065699 33568 2032131
Dec-37 2032131 15241 2047372 33568 2013804
Jan-38 2013804 15104 2028907 33568 1995339
Feb-38 1995339 14965 2010304 33568 1976736
Mar-38 1976736 14826 1991562 33568 1957994
Apr-38 1957994 14685 1972679 33568 1939111
May-38 1939111 14543 1953654 33568 1920086
Jun-38 1920086 14401 1934487 33568 1900919
Jul-38 1900919 14257 1915176 33568 1881608
Aug-38 1881608 14112 1895720 33568 1862152
Sep-38 1862152 13966 1876118 33568 1842550
Oct-38 1842550 13819 1856369 33568 1822801
Nov-38 1822801 13671 1836472 33568 1802904
Dec-38 1802904 13522 1816426 33568 1782858
Jan-39 1782858 13371 1796229 33568 1762661
Feb-39 1762661 13220 1775881 33568 1742313
Mar-39 1742313 13067 1755380 33568 1721812
Apr-39 1721812 12914 1734726 33568 1701158
May-39 1701158 12759 1713917 33568 1680349
Jun-39 1680349 12603 1692951 33568 1659383
Jul-39 1659383 12445 1671829 33568 1638261
Aug-39 1638261 12287 1650548 33568 1616980
Sep-39 1616980 12127 1629107 33568 1595539
Oct-39 1595539 11967 1607506 33568 1573938
Nov-39 1573938 11805 1585742 33568 1552174
Dec-39 1552174 11641 1563815 33568 1530247
Jan-40 1530247 11477 1541724 33568 1508156
Feb-40 1508156 11311 1519467 33568 1485899
Mar-40 1485899 11144 1497044 33568 1463476
Apr-40 1463476 10976 1474452 33568 1440884
May-40 1440884 10807 1451690 33568 1418122
Jun-40 1418122 10636 1428758 33568 1395190
Jul-40 1395190 10464 1405654 33568 1372086
Aug-40 1372086 10291 1382377 33568 1348809
Sep-40 1348809 10116 1358925 33568 1325357
Oct-40 1325357 9940 1335297 33568 1301729
Nov-40 1301729 9763 1311492 33568 1277924
Dec-40 1277924 9584 1287508 33568 1253940
Jan-41 1253940 9405 1263345 33568 1229777
Feb-41 1229777 9223 1239000 33568 1205432
Mar-41 1205432 9041 1214473 33568 1180905
Apr-41 1180905 8857 1189762 33568 1156194
May-41 1156194 8671 1164865 33568 1131297
Jun-41 1131297 8485 1139782 33568 1106214
Jul-41 1106214 8297 1114511 33568 1080943
Aug-41 1080943 8107 1089050 33568 1055482
Sep-41 1055482 7916 1063398 33568 1029830
Oct-41 1029830 7724 1037554 33568 1003986
Nov-41 1003986 7530 1011515 33568 977947
Dec-41 977947 7335 985282 33568 951714
Jan-42 951714 7138 958852 33568 925284
Feb-42 925284 6940 932224 33568 898656
Mar-42 898656 6740 905395 33568 871827
Apr-42 871827 6539 878366 33568 844798
May-42 844798 6336 851134 33568 817566
Jun-42 817566 6132 823698 33568 790130
Jul-42 790130 5926 796056 33568 762488
Aug-42 762488 5719 768207 33568 734639
Sep-42 734639 5510 740148 33568 706580
Oct-42 706580 5299 711880 33568 678312
Nov-42 678312 5087 683399 33568 649831
Dec-42 649831 4874 654705 33568 621137
Jan-43 621137 4659 625795 33568 592227
Feb-43 592227 4442 596669 33568 563101
Mar-43 563101 4223 567324 33568 533756
Apr-43 533756 4003 537759 33568 504191
May-43 504191 3781 507973 33568 474405
Jun-43 474405 3558 477963 33568 444395
Jul-43 444395 3333 447728 33568 414160
Aug-43 414160 3106 417266 33568 383698
Sep-43 383698 2878 386576 33568 353008
Oct-43 353008 2648 355655 33568 322087
Nov-43 322087 2416 324503 33568 290935
Dec-43 290935 2182 293117 33568 259549
Jan-44 259549 1947 261496 33568 227928
Feb-44 227928 1709 229637 33568 196069
Mar-44 196069 1471 197540 33568 163972
Apr-44 163972 1230 165201 33568 131633
May-44 131633 987 132621 33568 99053
Jun-44 99053 743 99796 33568 66228
Jul-44 66228 497 66724 33568 33156
Aug-44 33156 249 33405 33405 0
(33,567.85)