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JAIIB Paper 4: Retail Banking & Wealth ManagementModule B: Retail Products and RecoveryUnit 15: Retail Loan Eligibility & LTV Limits
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Q1. A customer wishes to purchase a residential property valued at Rs. 80 Lakhs. According to RBI guidelines on Loan-To-Value (LTV) limits for individual home loans, what is the maximum home loan amount the bank can sanction?

A
Rs. 60.00 Lakhs (75% LTV)
B
Rs. 56.00 Lakhs (70% LTV)
C
Rs. 76.00 Lakhs (95% LTV)
D
Rs. 80 Lakhs (100% Finance)

Incorrect Answer

Formula: Max LTV (Loan <= 30L) = 90%

Under RBI rules, LTV limits for home loans are: (a) Up to Rs. 30L = 90%; (b) Rs. 30.01L to Rs. 75L = 80%; (c) Above Rs. 75L = 75%. For a property value of Rs. 80 Lakhs, the ceiling is 75%, yielding Rs. 60.00 Lakhs.

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