For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts
Oneindia App Download

Lowest interest rate up to 30 bps: SBI announces concession on home loans in 8 cities

|
Google Oneindia News

Mumbai, Jan 08: State Bank of India on Friday announced an interest concession of up to 30 basis points on home loans and a 100 per cent waiver on processing fees.

Lowest interest rate up to 30 bps: SBI announces concession on home loans in 8 cities

The new home loan interest rates are linked to CIBIL score and start from 6.80 per cent for loans up to Rs 30 lakh and 6.95 per cent 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 per cent waiver on processing fees," the release said.

SBI Recruitment 2020: Important instructions and datesSBI Recruitment 2020: Important instructions and dates

The bank said interest concession of up to 30 bps is also available in eight metro cities for loans up to Rs 5 crore.

Customers can also apply from the ease of their home via YONO App and get additional interest concession of 5 bps, the release said.

"We are pleased to improve our concessions to prospective home loan customers up to March 2021," the bank''s managing director (retail and digital banking), C S Setty, said.

Recommended Video

Covid-19: Union Health Minister says 'Indians to get vaccine in the next few days' | Oneindia News

The lender''s eligible existing home loan borrowers can also avail a paperless pre-approved top-up home loan through the YONO App, he added.

For Daily Alerts
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
X