New Delhi. If you are a customer of the country’s largest government bank SBI i.e. State Bank of India (SBI) , then there is good news for you. Actually, SBI has come up with a special offer on top-up loan of its home loan. The bank has decided not to charge any processing fee apart from giving a discount of 0.25 per cent on the interest rate of the top-up loan.
What is Home Top-up Loan
Top-up is a loan taken against an already existing product. This is another loan taken against you home loan. Banks issue topup loans based on the home loan repayment pattern. Top-up home loans can be used for children’s education, daughter’s wedding or even for purchase of additional property. Along with the loan repayment, the monthly installments of the top-up loan also have to be paid.
Avail a hassle-free home top up loan at very low rate of interest from SBI.
To know more, visit: https://t.co/o09c02m4kD #AzadiKaAmritMahotsavWithSBI #SBITopUploan #HomeLoan pic.twitter.com/DqGmlOVq2y
— State Bank of India (@TheOfficialSBI) December 8, 2021
Pre-approved personal loan offer
In addition, State Bank of India has introduced a pre-approved personal loan offer for its customers. Customers can get this loan through YONO app. The bank has said that it will give loans to customers at zero processing fee. Zero Processing Fee will be applicable only on personal loans taken before 31st January 2022. One can apply for this pre-approved personal loan at any time. Meaning if you apply for the loan even during the night, then there will be no problem. You just have to do four clicks on the YONO app and you will get the loan.
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