Namrata Group Blog

SBI cuts home loan rates by 25 bps to attract buyers in affordable home category

SBI cuts home loan rates by 25 bps to attract buyers in affordable home category

An important announcement has been made by State Bank of India (SBI) to cut the interest on home loan rates of up to Rs 30 lakh by 25 basis points (100bps =1percentage point). After the cut the new rate is 8.35% as compared to the previous 8.50%. On home loans of more than Rs 30Read more about SBI cuts home loan rates by 25 bps to attract buyers in affordable home category[…]