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In an eye on festive demand, the country’s largest lender, State Bank of India (SBI) for the first time offered home loans tied to credit rating at just 6.70% regardless of the amount. of the loan. SBI is the largest mortgage lender in India, which has helped over 30 lakh families achieve the dream of owning a home. government employees, SBI Shaurya home loan for military and defense personnel, SBI MaxGain home loan, SBI smart home, add-on loan for existing customers, SBI NRI home loan, SBI FlexiPay home loan for a loan from a higher amount and SBI HerGhar mortgage for women.
SBI mortgage interest rates
SBI offers home loans tied to credit score at just 6.70% regardless of loan amount
Features and Benefits of SBI Home Loans
Low interest rates
No processing fees
No hidden or administrative costs
Concession of interest for women borrowers
First home loans linked to credit score
No penalty for early repayment
Calculation of interest on a declining daily balance
Real estate loan also available overdraft
SBI home loans: how to apply online
Customers can click this link to apply for a home loan online.
They will be required to complete the required information.
Customers can check eligibility and get the loan quote
SBI real estate loans: how to benefit from them via YONO SBI
Log into your YONO account
On the home page, click on the menu (three lines) at the top far left
Click on loans
Click on Mortgage loan
Do a quick eligibility check by providing your date of birth
Enter your source of income
Enter your monthly net income
Details of any other loan
Check your eligible loan amount and continue
Fill in the other required details and click submit
You will get a reference number and an SBI executive will call you shortly
SBI is not alone in this wave of rate cuts, other lenders like HDFC, Kotak Mahindra Bank, Punjab National Bank and Bank of Baroda have also joined the movement.
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