INSUBCONTINENT EXCLUSIVE:
SBI Home Loan Interest Rates: India's largest lender has reduced the rate to 6.7 per centThe State Bank of India (SBI) has reduced home
75 lack loan with a tenure of 30 years
Also, the rate of interest applicable for a non-salaried borrower was 15 bps higher than the interest rate applicable to a salaried
This means that now there is no occupation-linked interest premium being charged to the prospective home loan borrowers
offering attractive interest concession based on the credit score of the borrower.Generally, the concessional interest rates are applicable
for a loan up to a certain limit and are also linked to the profession of the borrower
This time, we have made the offers more inclusive and the offers are available to all segments of borrowers irrespective of the loan amount
and the profession of the borrower,'' said Mr C.S
We believe zero processing fees and concessional interest rates in the festive season will make homeownership more affordable,'' added Mr
