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Home > Forum > Delhi > Home Loan > SBI rate cut is still applicable?

SBI rate cut is still applicable?

Q: Hi all, recently it was heard that SBI had reduced the rates of home loans.. Even now the rates remain less or was it increased?

home loan
sbi
rate cuts
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Delhi Home Loan Home Loan in Delhi
Replies (5)
1
Smitha, it is charging 10.25% upto Rs 30 lakh and 10.4% for loans above Rs 30 lakh.
Deepak


2
Hi all, what is the interest the bank is charging currently and upto what loan amount?
smitha


3
Yes.. SBI has been observing fast growth in home loan segment.. this is mainly due to the rate cuts.
bhanuprasad.bharadwaj


4
Hey guys.. Before the rate cuts were announced by SBI, around 400 home loan applications were being received by the bank in a day.. But now the bank is getting around 800 applications in a day.. See how effectively is their rate cuts idea working..
Vasanth


5
Hi Anand, the bank had cut home loan rates by 0.50-0.85 per cent.. It is still applicable..
Deepak


6

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