SBI home loan News
SBI introduced a new promotion called Campaign rates.
This offer is introduced just after the holiday offer.
This offer lowers home loan interest rates by 30 to 40 basis points.
External Benchmark based Lending Rate (EBLR) and Repo-Linked Lending Rate (RLLR) have been raised by 50 basis points.
Hike in Marginal Cost of funds-based Lending Rate (MCLR) is 20 basis points across all tenure.
The revised rates are effective from August 15.
As the month of May comes to an end today, people should be aware of the major financial changes that will take effect next month. From higher home loan interest rates to gold hallmarking, the month of June will bring in significant financial changes.
Union Bank said it is the all-time low rate for home loans for the bank.
The low interest will be applicable on loan transfers.
Kotak Mahindra Bank is offering home loans at a 6.50% interest rate.
SBI is offering home loans at a 6.70 per cent interest rate.
Bank of Baroda has also cut the interest rates on home loans by 25 basis points.
The bank is now offering home loans at 6.7 per cent per annum while auto loans at 8 per cent.
SBI is offering home loans at a 6.70% interest rate to all customers, including non-salaried individuals.
Customers can get loans at a 6.70% interest rate irrespective of the loan amount.
SBI has removed the distinction between salaried and non-salaried borrowers.
SBI hikes home loan rate.
Processing fee on home loans is back.
Processing fee along with GST.
The New Year 2020 will bring several positive developments in your life along with some changes that may not please you.
The State Bank of India (SBI) on Wednesday announced lowering its marginal cost of funds based lending rate (MCLR) by 10 basis points across all tenors to 8.05 per cent from October 10. The MCLR cut will make home and other retail loans cheaper for the existing borrowers.
The new one-year marginal cost of funds-based lending rate (MCLR) is down to 8.50 percent now from 8.55 percent earlier, the bank said in a statement.
SBI, LIC Housing Finance and Muthoot Home on Monday offered loans at concessional rate for repairing and renovation of homes to help people in flood-affected Kerala.
SBI has lowered home loan rate by 0.05 percent to 8.30 percent.
With this reduction, SBI`s offering in home loan is the lowest in the market.
The State Bank of India (SBI) on Friday announced reduction in home loan interest rates by 10 basis points (bps) for salaried women who take a loan of above Rs 75 lakh, effective from June 15.
To cash in on the festive fervour, banks including SBI and ICICI have unveiled a host of benefits such as reduction in rates, waiver of processing fee and overdraft facility.
Apart from cutting the home loan rate, SBI has also waived off all processing fees.
Leading banks SBI and ICICI on Thursday cut their home loan rates by 0.10 percentage point to 9.4 percent following implementation of a new interest rate calculation regime mandated by RBI.
Country's largest lender State Bank of India on Friday launched an online customer acquisition solution through which one can apply for home, car, education and personal loans online.
For women borrowers the rate has been aligned to the base rate at 9.85 percent per annum, SBI said in a statement.
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