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SBI news: State Bank of India takes this BIG decision on home loans - Check details here - The hike on home loans of country's largest public lender SBI came into effect from April 1, 2021. ....
Low home loan interest rates: What to keep in mind before bottom fishing? The banks flush with liquidity are tapping mortgage buyers as these loans are safe, secured and also offer potential to cross-sell multiple banking products in future Anand Adhikari | March 15, 2021 | Updated 14:37 IST Currently, all home loan rates are linked to an external benchmark, which is repo rates in most cases Banks like State Bank of India, ICICI Bank, Kotak Mahindra Bank and others are offering as low as 6.65 to 6.75 per cent home loan rates. The banks flush with liquidity are tapping mortgage buyers as these loans are safe, secured and also offer potential to cross-sell multiple banking products in future. But a borrower should look at following factors before committing for a 15-20 year loan. ....
Read more about SBI cuts home loan interest rate by 10 bps to 6.7% linked to CIBIL score on Business Standard. Sanctions loans worth Rs one trillion till date in FY21 ....
The bank said the home loan interest rates will start from 6.70 per cent for loans up to Rs 75 lakh and 6.75 per cent for loans in the range of Rs 75 lakh-Rs 5 crore. ....