Home Muslim economic Women mortgage borrowers offered better loan rates to SBI: know-how

Women mortgage borrowers offered better loan rates to SBI: know-how

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Personal finance

oi-Roshni Agarwal

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To further push its loan portfolio and give women another reason to buy their home, the country’s leading PSU bank, SBI, has offered a new discount to female mortgage borrowers on the International Day of the Family. wife.
“On Women’s Day, we make it special with an additional 5 basis points * concession to female borrowers and interest starting at 6.70% *,” the country’s top lender said in a tweet.

Women mortgage borrowers offered better loan rates to SBI: know-how

Women mortgage borrowers offered better loan rates to SBI: know-how

Earlier this month, SBI cut the interest rate on home loans. The bank now offers a concession of up to 70 basis points with an interest rate on mortgage loans from 6.7%. This is a limited time offer ending March 31st. The lender also grants a 100% waiver on the processing fee.

And depending on the borrower’s profile and the loan amount, an interest rate discount will be available.
For loans up to Rs. 75 lakh, the mortgage starts at 6.7% while for others it is at 6.75%. To obtain an additional tariff advantage, you can request a loan from the Yono application of SBI.

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