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SBI discounts home loan interest rates by 0.30%, CIBIL score will tell how much will be the rate


SBI has more than 30% of home loan customers


State Bank (SBI) Home loan interest rates Has announced a rebate of up to 0.30 percent. This home is considered a great gift for buyers. The bank will also not charge processing fees from customers on new home loans. State Bank has reduced interest rates significantly in the last few years. More than 30 percent of home loan customers in the country SB I Is near

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State Bank of India said that the new interest rates on the home loan rate will be linked to the CIBIL Score. For loans up to Rs 30 lakh, the interest rate will start from 6.80 percent. While the interest rate for home loans above Rs 30 lakh will start from 6.95 percent. An additional rebate of 0.05 percent will be given to women borrowers. In order to give attractive discounts to home buyers, the country’s largest lender bank SBI has announced this reduction of 0.30 percent on home loans.

State Bank of India said that interest rebate of up to 0.30 percent will be available in eight major metros for loans up to Rs 5 crore. Customers can easily apply from home through the Yono app and get 0.05 percent additional relief. Bank Managing Director (Retail and Digital Banking) CS Setty said that the discount will continue for home loan customers till March 2021.

(This news has not been edited by the NDTV team. It is published directly from the Syndicate feed.)

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