-This announcement has brought cheer among the women borrowers.
-The interest rate on home loans now starts at 6.70 percent p.a.
Celebrating the Women’s Day, State Bank of India (SBI) has announced further concession on home loans to women.
As per information, women borrowers will get loan at an interest of 6.70 percent per annum.
SBI has completely waived the processing fee until March 2021 for customers availing home loans in projects approved by SBI.
The bank is also working on focused development of Home Loan business, refined analytics for boosting growth, easing home loan journey for customers, and post disbursal engagement with home loan customers.
(media reports)
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