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SBI reduces interest rates for housing loans above Rs. 75 Lakhs
Posted on: 10/Jun/2017 2:52:06 PM
The State Bank of India, the leading public sector bank in the country, has reduced the interest ratio for housing loans above Rs. 75 Lakhs.
This is the 2nd time that SBI has announced a reduction in the interest ratio within the last 2 months.
In the case of housing loans above Rs. 75 Lakhs, the interest ratio rate would be reduced by 10 basic points.
With this, the working women can get loans at the rate of 5.5% and the others at 8.6% interest rate.
The State Bank of India has announced that the revised rates will be effective from 15th June.
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