SBI announces up to 25 bps rebate on home loan rates

Mumbai, October 21

The country’s largest lender SBI on Wednesday announced concession of up to 25 bps on its home loan rates. With this, customers would get an interest concession of 25 bps on a home loan of above Rs 75 lakh if they apply through YONO.

The bank is offering a credit score-based concession of up to 20 bps from 10 bps earlier, for a home loan of above Rs 30 lakh to Rs 2 crore across the country.

The same concession would also be applicable for home loan customers for a loan amount of up to Rs 3 crore in eight metro cities. — PTI

Festive offer

The lender is offering interest rates starting as low as 6.90% for a home loan of up to Rs30 lakh and 7% for above Rs30 lakh

.