Tag: sbi home loan
SBI reduced the interest rate on home loan by 0.25%, the...
State Bank of India (SBI) on Monday has cut the external benchmark based rate (EBR) on home loans by 25 basis points i.e. 0.25% to 7.80%. With this, home loan rates were also reduced to 7.90%. Earlier SBI had the lowest home loan rate of 8.15%. These new rates will be applicable from January 1, 2020 and after that taking home loan will attract interest of 7.90%.
