(Only the headline and picture of this report may have been reworked by the Business Standard staff the rest of the content is auto-generated from a syndicated feed. Tier 1 - If your daily balance is 25,000.00 or more, the interest rate paid on the entire balance in your account will be 2. While customers will be required to meet the Equated Monthly Instalments (EMIs) as they do in case of regular SBI Home Loans, the. The loan scheme can only be availed for purchasing Ready to Move-in properties. Women borrowers will be eligible for concession of 0.05 percentage (5 basis points/bps) on the loan rate. State Bank of India (SBI) offers SBI Maxgain, its home loan overdraft facility, starting at 7.95 p.a. There will be a concession of 5 bps (0.05 percentage) for home loans applied through the bank's one stop YONO App. We strive to be a banker to every Indian and thereby, be partners in nation building,' C S Setty, MD (Retail & Digital Banking), SBI said. 'We believe this offer of processing fee waiver will facilitate and encourage home buyers to take decision with ease, as interest rate is at its historic low. The Monsoon Dhamaka Offer is for a limited period ending on 31st August 2021, SBI said. 'There could not be a better time to buy a house, considering SBI home loan interest rates start at just 6.70 per cent,' SBI said in a release. The state-owned lender said the offer will help revive the consumer sentiments. SBI said it is the bank's limited period 'Monsoon Dhamaka Offer', through which a home loan customer can gain substantially. The country's largest lender State Bank of India (SBI) on Saturday announced waiving processing fee on home loans till August-end.Ĭurrently, the processing fee on home loans is 0.40 per cent.

Sbi bank home loan