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15 - PCHF Super Loan

Basic Product Feature
Customer Segments : Salaried
Under this plan, EMIs are structured as lower EMIs in initial months & higher
EMIs in later months
Income is assumed to increase in later months.
Super plan offers two options :
Option 1: 20% higher Home Loan without increase in EMIs in initial months*
Option 2: Home Loan at 15-20% lower EMI in initial months*
* Initial months are usually 60 months

Mr. Pravin a salaried employee working with an MNC, having a gross income of
Rs.1,05,000 wants to compare the options under SUPER LOAN with a normal home for
a tenure of 240 months at a special rate of 8.74%.

Normal Repayment Plan
Monthly Income Rs 1,05,000

ROI 8.74%
Tenure in Months 240
Loan Amount Rs. 77,28,000
EMI For Loan Rs. 68,250

OPTION 1 OPTION 2
Higher Loan Amount (up to 20%) Lower Initial EMIs (up to 15%)
Loan amount Rs. 93,70,000 EMI for first 5 Yrs Rs. 58,013
EMI for first 5 Yrs Rs. 68,250 EMI for Next 5 Yrs Rs. 77,075
EMI for Next 5 Yrs Rs. 88,725 EMI : Balance Tenure Rs. 81,900
EMI : Balance Tenure Rs. 1,09,200 Total Tenure 229 months
Benefit : Higher loan amount to Benefit : Lower EMI in intial years,
purchase bigger property Increase with income

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