It is cheaper for SBI customers to take home loan, car loan, personal loan and gold loan.
State Bank of India (SBI) has showered offers on customers to mark the 75th anniversary of independence. These offers are being given on various loans of SBI. In this, it is cheaper for customers to take home loan, car loan, personal loan and gold loan. Apart from this, there is also an offer for pension loan customers. SBI has reduced the interest rates of loans by up to 0.75 percent. The special thing is that the bank has given relief in processing fees on all loans. The bank has come up with Platinum Term Deposits for retail depositors. Let us know about all these offers in detail…Also Read: IRCTC offers a great tour package for Goa daily in thousand rupees, know the complete plan
Car loan offers
SBI has announced 100% discount on processing fees on car loans. The benefit of this will be available to the customers applying for the loan from all the channels of the bank. Apart from this, the bank will give loans up to 90 per cent of the on-road price of the car. At the same time, applying for a car loan from the YONO SBI app will get an additional discount of 0.25% in the interest rate. The interest on the new car for YONO users starts at 7.5% per annum.Also Read: These plans of Airtel, Jio, BSNL, Vodafone Idea are the cheapest, the benefits will blow your senses
Offer on gold loan
According to the statement issued by the State Bank of India, a reduction of 0.75 percent is being offered in the interest rate for the gold loan borrowers from SBI. Customers can avail Gold Loan through various channels of SBI at the rate of 7.5 per cent per annum. Those applying for gold loan from YONO SBI will be exempted from processing fee.
Personal and plan for pension loan customers
The bank will give 100% rebate in processing fees to those taking personal and pension loans from various channels of SBI. Apart from this, SBI has announced a special discount of 0.50 percent in the interest rate in the case of frontline healthcare workers like Kovid Warriors applying for personal loans. Similar discounts will soon be available to Kovid Warriors for car and gold loans as well.Also Read: Make free calling for a month for less than Rs 130! get internet data
Corona Warriors exemption
SBI has also announced a discount of 0.50 percent for Corona Warriors. That is, if the frontline healthcare workers apply for a personal loan, then they will get this loan at a rate of 0.50 percent less than others. Apart from this, Corona Warriors will also get this discount on car and gold loan.
What is Platinum Term Deposits
SBI has come up with Platinum Term Deposits on the 75th anniversary of Independence for retail depositors. Under this, customers can get additional interest of up to 0.15 percent on term deposits of 75 days, 75 weeks and 75 months. This benefit can be taken from 15 August to 14 September 2021.Also Read: whats app started payment background service in india know what will be the benefit
