Interested individuals should know that the interest concession on home loans is part of a limited offer by SBI. The public lender is also offering a full waiver on processing fees. Here is all you need to know:
State Bank of India on Monday is offering a limited period home loan offer, which offers lower interest rate and complete waiver of processing fees. More detials here.
On average, the bank onboards around 1,000 home loan customers per day, it said.SBI has issued nearly two lakh home loans under Pradhan Mantri Awas Yojana (PMAY) till December 2020
SBI offers home loan customized to suit the requirement of individuals with home loans such as Regular Home Loan, SBI Privilege Home Loan for government employees, SBI Shaurya Home Loan for army and defense personnel, SBI MaxGain Home Loan, SBI Smart Home, Top-up Loan for existing customers, SBI NRI Home Loan, SBI FlexiPay Home Loan for a loan of the higher amount and SBI HerGhar Home Loan for women.
As much as 34 per cent market share in the home loan segment is commanded by the SBI. Around 1000 home loan customers are onboarded per day on an average by the bank