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The state-owned lender commands over 34 pc market share in home loans and 33 pc in auto loans segment
SBI cuts home loan interest rate to 6.7 pc ANI | Updated: May 01, 2021 13:58 IST
Mumbai (Maharashtra) [India], May 1 (ANI): State Bank of India (SBI) said on Saturday it has reduced home loans rates from 6.95 per cent to 6.7 per cent.
Besides, women borrowers will get a special concession of 5 basis points. 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. The affordability for the consumer increases immensely with the present home loan interest rate offerings which reduce the EMI amounts substantially, said C S Setty, Managing Director for retail and digital banking.