SBI to sanction spot loan on housing and car at mega fair

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Kolkata, Sep 16 (UNI) The SBI today opened a mega property fair titled "SBI Home Loan Mahtsav" here.

Chief general manager, Bengal circle, Jayanta Kumar Sinha after inaugurating the 3-day fair said, ''the SBI's home loan upto Rs 30 lakh at 10.50% was among the most competitive in the market.'' He said the bank will be providing further concession on rate of interest, margin requirment and on processing charges at the fair.

He said there will be spot approval for home and car loan at the fair for three days between 1100 to 2000 hours.

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