Latest Answer: SBI has reduced the processing fee on home loan by 50 per cent which will be avail within 31 December 2012. According to an SBI official this reduction will result in a Rs 5,000 crore growth in home loan portfolio by December end.
Latest Answer: State Bank of India has set competitive interest rates for its customers. If you are applying for a home loan upto 30 lakhs, then the interest rate will be 10.75% per annum. If it is above 30 lakhs and within 75 lakhs, then the interest rate will be 11.00% per annum. If you want to get more than 75 lakhs, then 11.25% per annum will be the interest rate.
