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Saturday, January 9, 2021

Big decision of SBI, from now on even common man can easily get ‘home of home’

Big decision of SBI, from now on even common man can easily get ‘home of home’

Big decision of SBI, from now on even common man can easily get ‘home of home’
Many sectors have been in recession since the Corona era, one of which is real estate, although it will now be easier for the common man to get a home, as the country’s largest bank, State Bank of India SBI, has increased discounts on home loan rates. , Which can make shopping cheaper.

Important decision of SBI, the largest bank in the country
Big decision made on home loan, processing fee 100% waived
Women loan applicants will get a further 0.05% discount
The country’s largest bank has decided to provide relief to the common man. SBI announces waiver on home loans. The SBI on Friday announced a discount of up to 0.30% on home loan rates and waived processing fees altogether.


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The new interest rates on home loans are linked to CIBIL

The new interest rates on home loans are linked to the CIBIL score and start at 6.80% for loans up to Rs 30 lakh, while the interest rates for loans above Rs 30 lakh start at 6.95%, SBI said in a statement. Will be. The SBI reported that women borrowers would get an additional 0.05% discount.

According to the data, SBI, the country’s largest bank, has announced 30 BPS (0.30%) on home loans and 100% discount on processing fees to offer attractive discounts to home buyers. The bank said interest rates of up to 0.30% are also available in 8 metros for loans up to Rs 5 crore.

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The application can also be made sitting at home from the YONO application

The release states that customers can easily apply for the case from home through the YONO app and get an additional interest relief of 0.05%. “We are delighted to be able to repay our potential home loan customers by March 2021,” said CS Setti, Managing Director (Retail and Digital Banking) of the bank.

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