SBI cuts home loan interest rate to 6.7%, waives processing fees – The Economic Times Video

SBI cuts home loan interest rate to 6.7%, waives processing fees – The Economic Times Video


The State Bank of India (SBI) has announced that as part of its festive season offering it will be offering credit score linked home loans at 6.7%, irrespective of the loan amount. According to a press release issued by SBI on September 16, earlier a borrower availing a loan greater than Rs 75 lakh, had to pay an interest rate of 7.15%; now with the introduction of the festive offers, a borrower can avail home loan for any amount at a rate as low as 6.7%.



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