Friday, Jun 9, 2023
English News
  • Hyderabad
  • Telangana
  • Andhra Pradesh
  • India
  • World
  • Entertainment
  • Science and Tech
  • Sport
  • Business
  • ...
    • NRI
    • View Point
    • cartoon
    • Columns
    • Reviews
    • Education Today
    • Property
    • Videos
    • Lifestyle
    • Rewind
E-Paper
  • NRI
  • View Point
  • cartoon
  • Columns
  • Reviews
  • Education Today
  • Property
  • Videos
  • Lifestyle
  • Rewind
Home | Business | Sbi Announces Up To 25 Bps Concession On Home Loan Rates 2

SBI announces up to 25 bps concession on home loan rates

With this, SBI's customers would get an interest concession of 25 bps on a home loan of above Rs 75 lakh, based on their CIBIL score and if they are applying through YONO, the lender's digital lending platform.

By PTI
Published Date - 10:50 PM, Wed - 21 October 20
SBI announces up to 25 bps concession on home loan rates
whatsapp facebook twitter telegram

Mumbai: The country’s largest lender State Bank of India on Wednesday announced concession of up to 25 basis points (bps) on its home loan rates.

With this, SBI’s customers would get an interest concession of 25 bps on a home loan of above Rs 75 lakh, based on their CIBIL score and if they are applying through YONO, the lender’s digital lending platform.

In an extension of its festive offers announced recently, the bank is offering a credit score-based concession of up to 20 bps from 10 bps earlier, for a home loan of above Rs 30 lakh to Rs 2 crore across the country, a release said.

The same concession would also be applicable for home loan customers for a loan amount of up to Rs 3 crores in eight metro cities. An additional 5 bps concession for all home loans is given if applied through YONO, it said.

The lender is offering interest rates starting as low as 6.90 per cent for a home loan of up to Rs 30 lakh and 7 per cent for above Rs 30 lakh.

“With SBI’s lowest interest on home loans, we believe this move will facilitate and encourage home buyers to plan their dream house. With the nation all geared up to the post-COVID era, we are witnessing increased customer demands and we at SBI will continue to offer lucrative benefits suiting needs and requirements of the customers,” its managing director (retail and digital banking) C S Setty said.

Last month, the bank rolled out a slew of festive offers for its retail borrowers including 100 per cent waiver on processing fee for all customers applying for car, gold, and personal loans through YONO.

  • Follow Us :
  • Tags
  • Corona Virus Deaths
  • Coronavirus
  • Coronavirus in India
  • Coronavirus Latest Updates

Related News

  • Telangana govt issues orders promoting Addl SPs, DSPs

    Telangana govt issues orders promoting Addl SPs, DSPs

  • Telangana: Training programme for State Level Master Trainers held

    Telangana: Training programme for State Level Master Trainers held

  • Ten persons held for selling spurious cotton seeds

    Ten persons held for selling spurious cotton seeds

  • 15th edition of Hyderabad Jewellery Pearl and Gem Fair inaugurated at Hitec City

    15th edition of Hyderabad Jewellery Pearl and Gem Fair inaugurated at Hitec City

  • Hyderabad: Manav Ayhika emerge Table Tennis champions

    Hyderabad: Manav Ayhika emerge Table Tennis champions

  • ‘Telangana seed tracing software needs to be adopted by National Seeds Corporation’

    ‘Telangana seed tracing software needs to be adopted by National Seeds Corporation’

Latest News

  • Amazon Original series ‘The Lost Flowers of Alice Hart’ to release on August 4

    11 mins ago
  • Premier Handball League: Telugu Talons beat Golden Eagles UP 40-38

    19 mins ago
  • Top UN court allows a record 32 countries to intervene in Ukraine’s genocide case against Russia

    27 mins ago
  • Maharashtra sarpanches, farmers visit Huzurabad

    29 mins ago
  • ZEE5 all set to premiere the hard-hitting film ‘Siya’ on June 16

    37 mins ago
  • Warangal: Three including minor arrested for bike-theft

    52 mins ago
  • CM KCR launches Rs 1 lakh aid for craftsmen

    1 hour ago
  • ‘Extraction 2’ brings Chris Hemsworth back as Tyler Rake; unleashes on Netflix on June 16

    1 hour ago

company

  • Home
  • About Us
  • Contact Us

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

© Copyrights 2022 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam