SBI said that this rebate will be based on CIBIL score and will be available on application through YONO app
In view of the festival season, State Bank of India (SBI) has brought very attractive offers for those who want to buy a house. SBI has reduced interest rates on home loans. The bank has announced a discount of up to 0.25% in interest rates on home loans to its customers. According to this announcement, for buying a house worth more than Rs 75 lakh, customers will get a discount of 0.25 basic point in the interest rate. SBI said that this waiver will be based on the CIBIL score and will be available on the application through the YONO app.
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Under SBI’s festival offer, the bank will get a discount of 20 bps points on the basis of credit score on home loans ranging from Rs 30 lakh to 2 crore rupees across the country, on the basis of 10 bps point i.e. 0.10% discount. This discount will also be available to customers taking home up to Rs 3 crore in eight metro cities of the country.
At the same time, customers applying through the YONO app will get an additional 5 basic point concession on home loans. Let us tell you that SBI charges 6.90% interest on home loans up to Rs 30 lakh and 7% interest on home loans above Rs 30 lakh. SBI MD (Retail and Digital Banking) CS Setty said, “We have brought additional concessions for our home loan customers this festive season.”
These offers are also available
SBI is giving 100% discount on processing fees on car loans, gold loans and personal loans. Retail customers of SBI can take a car loan at an interest rate of 7.5%. This is the lowest interest rate on a car loan. At the same time, banks can take gold loan at 7.5% interest and personal loan at 9.6% interest rate. Apart from this, customers can also avail paperless personal loans and Insta Home top-up loans through the YONO app. Follow
