SBI Loan Offers: The festive season is about to start, if you want to buy a car or take a personal loan, then SBI has brought some special offers for you, which can increase the fun of your festival.
SBI Loan Offers: There is great news for the customers of SBI. The country’s largest bank State Bank of India (SBI) has announced concessional interest rates, waiver of loan processing fees and higher interest rates on certain tenures on the occasion of Independence Day.
SBI Auto Loan Offers
SBI has said in a statement that it will not charge processing fees from its auto loan customers, and will also finance 90 percent on-road on car loans. Not only this, customers who apply for a car loan through the bank’s YONO app will also get a special discount of 25 basis points (0.25%) in interest rates. SBI says that car loans will be made available to YONO users at an interest rate of 7.5% per annum.
SBI Gold Loan Offer
Apart from this, customers who want to take a gold loan will get a discount of 75 basis points (0.75%) at 7.5% interest rate. If customers apply for gold loan through YONO app, then processing fee will also be waived for them. SBI is also giving relief to its customers from processing fees on home loans. The bank has announced that its home loan customers will also not have to pay processing fees till August 31, 2021, SBI’s home loan interest rates start at 6.7% per annum.
Discount on personal loan
Apart from auto loan, home loan, gold loan, if the customer also applies for personal loan or pension loan, then he also does not have to pay processing fee. SBI has also come up with a special offer for frontline healthcare workers. They can get a discount of up to 50 basis points on personal loans. This discount will be available for car loans and gold loans very soon.
SBI Special Deposit Scheme
SBI has also started a special deposit scheme SBI Platinum Deposits for its customers on the occasion of 75th Independence Day. This scheme is for a limited time, which will end on September 14. Under this scheme, the customer can get the money fixed for 75 days, 525 days and 2250 days.
Also, domestic retail term deposits (below Rs 2 crore) including NRE and NRO term deposits can avail of this scheme. Under this, new and renewal deposits can also be made. Apart from this, there is only term deposit and special term deposit product. NRE deposits are for 525 and 2250 days only.
CS Setty, Managing Director, Retail and Digital Banking of the Bank said in a press release, “We believe that these offers will help customers save more on their loans and at the same time enjoy their festive season. Will increase.
