SBI is giving huge benefits on loans before the festive season, there will be a discount of up to 100 percent; How to apply

SBI Loan Offer, Full Details: Economic crisis arising out of Kovid-19 epidemic has given rise to large-scale demand crisis in India. To revive the demand during the upcoming festive season, many financial organizations are offering various types of benefits on loan. Especially the largest bank of India, State Bank of India is also giving huge benefits on loans to its customers.

The country’s largest public lender, the State Bank of India (SBI), announced a 100 percent rebate in processing fees for all customers applying for auto, gold and personal loans through its Yono application platfor.

According to the press release issued by SBI, the bank said that there will be complete exemption of processing fees on home loans for homebuyers in already approved projects. The bank is also offering concessions in interest rates up to 10bps for select customers. However it will be based on the credit score of the customers. In fact, on the basis of credit score and loan amount, the bank is also providing a special discount of 0.10 percent to the interest rate.

 

To buy your home, SBI is offering a special festive offer on home loan offer. In this offer, home buyers are being given a discount of 100 percent in processing fees on home loans. Also, if home buyers apply for a home loan through the YONO app, they will also get a discount of 0.05 percent in the interest rate.

Customers applying for a gold loan will get the option of flexible payment with interest at 7.5 percent for 36 months at interest rates. In this, you can get a flexible repayment option of up to 36 months at a minimum interest rate of 7.5 percent. In the press release of the bank, it said that the rate of loan for personal loans will be less than 9.6 percent.