SBI offers real estate loans at 6.7%. How to register? A step-by-step guide

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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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