SBI Announces Up To 30 BPS Discount On Home Loans

7Shares

Mumbai- State Bank of India on Friday announced an interest concession of up to 30 basis points on home loans and a 100% waiver on processing fees.

The new home loan interest rates are linked to CIBIL score and start from 6.80% for loans up to Rs 30 lakh and 6.95% for loans above Rs 30 lakh, a bank release said. Women borrowers will get a concession of 5 bps, it said.

“With an aim to offer attractive concessions to the home buyers, country’s largest lender SBI announces further interest concession of up to 30 bps on home loans and 100% waiver on processing fees,” it said.

The bank said interest concession is also available in eight metro cities for loans up to Rs 5 crore.

Be Part of Quality Journalism

Quality journalism takes a lot of time, money and hard work to produce and despite all the hardships we still do it. Our reporters and editors are working overtime in Kashmir and beyond to cover what you care about, break big stories, and expose injustices that can change lives. Today more people are reading Kashmir Observer than ever, but only a handful are paying while advertising revenues are falling fast.

ACT NOW
MONTHLYRs 100
YEARLYRs 1000
LIFETIMERs 10000

CLICK FOR DETAILS


Press Trust of India

Leave a Reply

Your email address will not be published.

KO SUPPLEMENTS