State Bank of India has made its home loan cheaper. The bank has announced a discount of up to 0.70 per cent in home loan rates. After this, home loan rates in SBI are starting from 6.70 percent, which is a record low. This offer of SBI is a limited period offer, which can be availed only till 31 March 2021. The bank has also said in the statement that it is giving 100% discount on processing fees, which will continue for the present.
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SBI | Discount on Home Loan Rates |.
State Bank of India has made its home loan cheaper. The bank has announced a discount of up to 0.70 per cent in home loan rates. After this, home loan rates in SBI are starting from 6.70 percent, which is a record low. This offer of SBI is a limited period offer, which can be availed only till 31 March 2021. The bank has also said in the statement that it is giving 100% discount on processing fees, which will continue for the present.
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SBI | Discount on Home Loan Rates |
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The State Bank of India cut interest rates on deposits across all maturities on Monday but analysts said it would take time for the country's largest bank to make matching cuts in its lending rates.
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SBI used to charge Rs. 2 for fund transfers up to Rs. 10,000 through NEFT using internet or mobile banking modes. Now that has been reduced to Rs 1 (excluding 18 per cent GST). For NEFT transactions from Rs 10,000 to Rs 1 lakh, the charge has been reduced to Rs. 2 from Rs. 4 earlier. Similarly, SBI has revised its fees for fund transfers between Rs 2 lakh and Rs 5 lakh through RTGS on its net and mobile banking platform, to Rs 5. This charge was Rs 20 earlier.
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