SBI to offer uniform interest rate on home loans
In the new uniform rate system, women can borrow at a flat rate of 10.10% per annum and others at 10.15% per annum
Aug 27, 2014
Source : The Economic Times
State Bank of India

 

NEW DELHI: State Bank of India, country's largest public bank on Tuesday revised interest rates on home loans. The bank will offer uniform interest rate on home loans from August 26, irrespective of the loan amount you borrow.

Earlier, the interest rate for home loans of up to Rs 75 lakh was 10.10% pa for women borrowers and 10.15% pa for others, where as, the interest rates for home loans of above Rs 75 lakh was 10.25% for women and 10.30% for others.

In the new uniform rate system, women can borrow at a flat rate of 10.10% per annum and others at 10.15% per annum.

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