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SBI home loans News

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YONO Insta Home Top-Up Loan is a service provided to pre-selected Home Loan customers. It is done via the YONO Mobile App. Home Loans on YONO is a one-stop solution for all home-related needs.
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State Bank Of India offers low-interest home loans that are processed for free. There are no prepayment penalties on these SBI house loans. SBI offers home loans with terms ranging from three to thirty years.
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Customers can also apply for a loan from the ease of their home via the YONO App to earn an additional interest concession of 5 basis points. With the reduction, SBI home loan interest rates now start from 6.7 percent for loans up to Rs 30 lakh and 6.95 percent for loans between Rs 30 lakh and Rs 75 lakh. Earlier, SBI had reduced the home loan rate to 6.7 percent till March 31 as part of a festive offer.
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This is a limited period offer ending on 31 March and the lender is also giving a 100% waiver on processing fees. SBI home loan interest rates are linked to CIBIL score and start from 6.70 percent for loans up to Rs 30 lakh and 6.95 percent for loans above Rs 30 lakh. SBI customers are eligible to apply for the loan with the help of the YONO app to get an additional interest concession of 5 bps.
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State Bank of India (SBI) is leaving no stones unturned to kick-start the credit offtake, and last week's steep 0.90 bps lending rate cut has resulted in a huge number of enquiries, especially for home loans, a top bank official said here today.
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Matching up to the cheapest home loans provided by SBI, Indiabulls Housing Finance (IBHFL) Friday slashed the lending rate for housing to 9.15 percent, bringing EMI down to Rs 815 per Rs 1 lakh.
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Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.
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Under the scheme, 'SBI FlexiPay Home Loan', the additional loan amount will help such professionals in acquiring better and spacious living spaces for themselves and their families, the country's largest lender said in a statement here.
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Customers can now apply online for home, car, education and personal loans from the State Bank of India (SBI).
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Year-to-date, the home loan sanctions stood at Rs 20,032 crore as against Rs 18,500 crore a year ago.






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