SBI is waiving processing fees on all types of home loans.
State Bank of India (SBI) has a 34 percent stake in the home loan segment. SBI has also tied up with Shapoorji Pallonji Real Estate last week. At the same time, the country’s largest lender is offering home loans to home buyers at record low interest rates. Let us know what are the interest rates on SBI’s home loan?
- Last Updated:February 28, 2021, 7:22 PM IS
Get complete information by giving a missed call on 7208933140
SBI is also running MaxGen Home Loans, Smart Homes, Top-up Loans for Existing Customers, NRI Home Loans, FlexiPay Home Loans for Large Residential Loans and Special SBI Harghar Home Loan Scheme for Women. SBI said that new customers can get all information related to home loans by giving a missed call only on 7208933140. Mani Rangarajan, group COO of Housing.com (Housing.com), Makan.com (Makaan.com) and PropTiger.com (Proptiger.com), said that due to the addition of processing fees, home loans are quite expensive. Customers will benefit greatly by giving SBI exemption.
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SBI occupies a 34 percent share of the home loan market with a historically low interest rate. SBI said that during December 2020, there has been a tremendous increase in its home loan business. At the same time, last week, the bank has also tied up with Shapoorji Pallonji Real Estate. Under this, home loans will be made available to the customers of SBI and Shapoorji Pallonji very fast. Along with this, they will also get the benefit of many unique schemes. Let us know that recently SBI has crossed the figure of 5 lakh crore home loan business. Now the bank has targeted to reach home loan business up to Rs 7 lakh crore by the financial year 2024.