SBIMONEY.IN

Compare and Get lowest EMI on Home Loan, Personal Loan, Car Loan, Credit Cards

Updates on Loans, Credit Cards, Share Prices and more...

28 Feb 2018

SBI Privilege Home Loan March 2018 - Interest Rate, Eligibility, EMI, Documents Online

SBI Privilege Home Loan March 2018 - Get Quotes and eligibility on State Bank of India (SBI) Privilege Home Loan on the premise of ✓ Interest Rate ✓ Loan Amount ✓ Customer Profile ✓ Eligibility ✓ Loan EMI ✓ Processing Charges ✓ Documents ✓ Customer Care ✓ Help-line Number & more.



Sr. No

SBI Corporate Loan

Details

1.

Bank/Lender Name

State Bank of India

2.

Known As

SBI

3.

Product

Privilege Home Loan

4.

Interest Rate

8.60% (Women) & 8.65% (For Others)

5.

Toll Free Number

1800 425 3800

6.

Contact Email

customercare@sbi.co.in

7.

Official Website

www.sbi.co.in

SBI PRIVILEGE HOME LOAN INTEREST RATE - MARCH 2018


Borrowers' category Floating Rate Loans Upto Rs.75 lacs Floating Rate Loans above Rs.75 lacs
Women* 0.60% above 1 year MCLR, effective rate 8.60% p.a. 0.65% above 1 year MCLR, effective rate 8.65% p.a.
Others 0.65% above 1 year MCLR, effective rate 8.65% p.a. 0.70% above 1 year MCLR, effective rate 8.70% p.a.

Eligible applicants - Employees of Central / State Governments including PSBs, PSUs of Central Government, and other individual(s) with pensionable service.

  • Reduced burden of servicing EMIs under the new schemes as lower EMIs would need to be serviced during the post-retirement term. This is because the EMIs to be serviced during the post-retirement term are capped at 50% of the current Net Monthly Income.
  • Extended repayment upto the age of 75 years as against 70 years under normal Home Loan scheme. The maximum loan term, however, shall remain capped at 30 years.
  • Full waiver of Processing Fee.Out-of-pocket expenditure such as Advocate’s Fee for Legal Opinion, Valuers Fee for Valuation Report, CERSAI and CIBIL charges will continue to remain applicable.
  • Benefit of lower interest rate as a concession of 5 bps over the Home Loan Card Interest Rate is available wherever check-off facility is extended by the Government under tie-up arrangement with the Bank.
  • Option for customers of other Banks / FIs to switchover their Home Loan outstanding balance to State Bank of India.

No comments:
Write comments