State Bank of India is offering home loans to new customers at an initial interest rate of 6.8 percent.
new Delhi. If you are planning to buy a house in the new year, then it will not get a good opportunity again. Actually, you have a great chance to get a home loan from State Bank of India at a cheaper rate. Actually, SBI is offering home loans to new customers at an initial interest rate of 6.8 percent.
Information about home loan through missed call
SBI said that customers in approved projects from the bank can take a loan till March 2021 at an initial rate of 6.8% without any processing fees. The bank has issued a number 7208933140. On this, new customers can take complete information related to the home loan by giving a missed call.
SBI set record, home loan business beyond 5 lakh crore,
it is significant that SBI has made another record. SBI has retained its reign in the home loan segment. SBI said on Wednesday that its home loan business has crossed the Rs 5 lakh crore mark.
SBI’s home loan business
bank has increased five-fold in 10 years, SBI’s real estate and housing business has grown five-fold in the last 10 years. Business was Rs 89,000 crore in 2011, which has reached 5 lakh crore in 2021. By FY 2024, this figure can reach 7 lakh crores.
Home loan business in 2004
Significantly, the bank had entered the home loan business in 2004. The total portfolio at that time was Rs 17,000 crore. A separate real estate and housing business came into existence in 2012 with a portfolio of Rs 1 lakh crore.
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