Q:I am planning to take home loan from State Bank of Hyderabad.Can you please answer the following queries.Are there any prepayment charges in SBH ?How much is the processing fees and will be there be any other extra charges ?What is the current rate of interest for floating and fixed schemes ?SBH is an affiliated bank of SBI and is under government but why is there a difference in rate of interest ?
Latest Answer: If you are taking a home loan up to Rs. 30.00 lakhs from SBH, then the interest rate will be 10.75% p.a. If you are taking more than Rs. 30.00 lakhs, 11.00% p.a. will be the interest rate.