Skip to main content

Good News For Home Buyers: With SBI’s Monsoon Dhamaka Offer, You Can Get Home Loan at 0% Processing Fee Till August 31

SBI Home Loan Offer: Here comes a piece of wonderful news for the home buyers at this pandemic time. The State Bank of India (SBI) on Saturday has announced a special ‘Monsoon Dhamaka’ offer to its customers in which homebuyers can avail loans without any processing fee till August 31. SBI is already offering one of the lowest interest rates on its home loans.

“It’s raining offers for new homebuyers! Apply for a home loan with NIL processing fee. What are you waiting for?” SBI’s official Twitter handle informed.

In the meantime, CS Setty, MD (R&DB), SBI said, “We are pleased to announce the Monsoon Dhamaka offer for our prospective home loan customers. We believe this offer of processing fee waiver will facilitate and encourage home buyers to take decision with ease, as the interest rate is at its historic low.”

The SBI in a statement said that there will be a concession of 0.05% on home loans for buyers applying through SBI’s YONO app. It also added that women borrowers will also be able to vail 0.05% concession on the loan rate.

When people go for any home loan, they have to pay a processing fee at the time of taking the loan. However, at present, 0.40% of home loan is deposited as the processing fee in several banks.

In a statement, the SBI said that there could not be a better time to purchase a house, considering that the bank’s interest rates for home loan start at just 6.70%.

Earlier, the State Bank of India (SBI) used to charge 0.40% per cent of the home loan as processing fees. However, the customers won’t have to pay any processing fees now for loans taken on or before August 31.

It must be noted that other banks such as HDFC Bank, ICICI Bank and LIC HFL, among other lenders, charge processing fee anywhere between 0.5% to 1.25%.



source https://www.india.com/business/good-news-for-home-buyers-with-sbis-monsoon-dhamaka-offer-you-can-get-home-loan-at-0-processing-fee-till-august-31-4855573/

Comments

Post a Comment

Popular posts from this blog

Weekly RT-PCR Mandatory For Unvaccinated Employees In Kerala. Details Here

Thiruvananthapuram : In an effort to make everyone get vaccinated, Kerala Chief Minister Pinarayi Vijayan on Tuesday said anyone not following COVID prevention measures, like vaccination, will not be provided free treatment. He also said that non-vaccinated teachers and employees who work from offices or interact with public will have to submit weekly results of RT-PCR tests. “No more free treatment for those who do not cooperate with Covid prevention measures. Non vaccinated teachers and employees who work from offices or interact with public, will have to submit weekly results of RT-PCR tests, paid for by themselves, to ensure safety of all,” Vijayan said in a tweet. No more free treatment for those who do not cooperate with Covid prevention measures. Non vaccinated teachers and employees who work from offices or interact with public, will have to submit weekly results of RTPCR tests, paid for by themselves, to ensure safety of all. — Pinarayi Vijayan (@vijayanpinarayi) November ...
Post a Comment
Read more

Toyota Yaris Discontinued In India, Competition Lessens For Honda City, Hyundai Verna, Maruti Suzuki Ciaz

New Delhi: Toyota Kirloskar Motor has officially discontinued the Toyota Yaris from the Indian market. The mid-size sedan rivalled the likes of the Honda City, Hyundai Verna, Maruti Suzuki Ciaz, Skoda Rapid and Volkswagen Vento. With the Toyota Yaris axed, the automaker’s product portfolio now includes the Toyota Glanza, Toyota Urban Cruiser, Toyota Innova Crysta, Toyota Fortuner, Toyota Camry and Toyota Vellfire. With four variants (J, G, V and VX) on offer, the Toyota Yaris was available at a starting price of Rs 9.16 lakh (ex-showroom). It employed a 1.5-litre 4-cylinder inline dual VVT-i petrol engine that developed 107PS of maximum power and 140Nm of peak torque. The transmission options included a 6-speed manual and a 7-speed CVT-i automatic. According to reports, Toyota Kirloskar Motor will introduce a rebadged version of the Ciaz in the Indian market and it might be christened as Belta. The Maruti Suzuki Ciaz-based Toyota Belta will be the third vehicle after the Maruti Suzu...
Post a Comment
Read more

Tamil Nadu YouTuber Held For Controversial Tweet On Coonoor air crash

Chennai: A YouTuber named Maridhas has been arrested by the Tamil Nadu police from his residence in Madurai for his controversial tweet on the IAF chopper crash near Coonoor on Wednesday, in which India’s first Chief of Defence Staff General Bipin Rawat, his wife and 11 other armed forces personnel were killed. In the tweet, which he later deleted, Maridhas asked whether Tamil Nadu was turning into Kashmir under DMK rule. He also said in a separate tweet that cadres and sympathisers of DMK made fun of the passing away of General Rawat, adding that DMK was the first choice for separatist forces. BJP cadres had blocked the entry of police to his residence at Surya Nagar in Maduria and the police had to use force to take him into custody. Maridhas has been charged under the relevant sections of the Indian Penal Code by the Cyber Police. source https://www.india.com/news/india/tamil-nadu-youtuber-held-for-controversial-tweet-on-coonoor-air-crash-5132165/
Post a Comment
Read more