Tie
up arrangements are made by the Bank at its sole discretion in respect of
specific projects of specified builders /promoters, considering the title
investigation or / valuation report of such projects and satisfying such other
particulars in respect of such projects.
Tie-up
arrangements are aimed to speed up the delivery process of housing loans by
avoiding duplication of certain works in respect of the processing of loan
applications in respect of the units in such projects.
While,
nobody can claim their project to be tied-up with the Bank as a matter of
right, it is also to be noted that the tie-up in a project do not mean tie up
in respect of any other project / or extensions of the project of the same
builder / promoter.
The
Bank does not give any assurance in respect of the tie up projects including
the merits of the project, such as its facilities, period of completion, price,
regulatory approvals, quality of construction, other amenities, etc..!. or/ any attribution to the builders / promoters
of such tied up projects & expressly disclaims any liability in this
regard.
Customers
are advised to make independent & discreet inquiry into such projects &
satisfy themselves on the credentials of the project before taking any decision
to involve/invest into such project.
The
Bank shall, under no circumstances be responsible for any dispute between the
customer / builder /or promoter third party arising out of such involvement /
investment / purchase of units in a tie up project.
Whether
or / not to sanction a home loan to any person who intends to acquire house (s)
or flat(s) in a tie up project is a commercial decision of the Bank & tie
up arrangement has no bearing on such decision. Sanction of a housing loan
shall be purely on merits & as per
Bank’s guidelines from time to time in this regard.
Kindly
note that neither the builder / promoter nor any person who acquires or decides
to acquire any flats(s) in a tie up project shall have any right or / claim
against the bank in respect of such projects.
The
list displayed here is not exhaustive.To know more about current / ongoing
projects under tie-up, please contact your nearest Branch
By
clicking the link below, you agree to the above disclaimer and other terms and
conditions.
Details
of the latest Tie-up projects:
You
can check the link here https://www.sbi.co.in/user.htm?action=sbihomeloanprojects
You’ll
get the screen like this:
Now,
choose your city name or project name or builder name. Enter security code
shown in image and click on submit button. You’ll get the list of projects
currently approved by SBI.
- See more at: http://www.myreality.in/2013/04/sbi-state-bank-of-india-home-loan.html#sthash.yDOpq3Bq.dpuf
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