Tuesday 9 May 2017

Need a home loan for Rs 30 lakh? SBI is offering it at 8.35 percent

State Bank of India (SBI) reduced its interest rate by 25 basis points (bps) on home loans up to Rs 30 lakh, to 8.35 per cent, from Tuesday for new women borrowers. For male borrowers, the cut is by 20 bps, to 8.4 per cent. With around 26 per cent market share, the nation's largest lender is also the biggest in the home loan segment (their loan book here is Rs 2.23 lakh crore). Confirm your Financial future is Taken Care of; not Taken Advantage of here we provides best recommendations for you SUBSCRIBE US now >> http://www.ripplesadvisory.com/free-trial.php

And, even at the earlier rates, SBI offered the lowest. Housing Development Finance Corporation, second largest in the space, offers loans at 8.65 per cent to women for loans up to Rs 75 lakh and 8.7 per cent for others. So does ICICI Bank, the largest private lender.

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