Women Home Loan Borrowers Offered Better Loan Rates At SBI: Know How

Updated: Monday, March 8, 2021, 14:00 [IST]

To further push its loan portfolio and to give women another reason to buy their home, the country's leading PSU Bank SBI has offered a further rebate to home loan women borrowers on the occasion of International Women's Day.
"On Women's Day, we make it special with an additional concession of 5 bps* to women borrowers and interest starting at 6.70%* onwards," country's top lender said in a tweet.

Your Dream Home. Our Goal. 🏡💭
On #WomensDay, we make it special with an additional concession of 5 bps* to women borrowers and interest starting at 6.70%* onwards.
To know more, visit: https://t.co/L7SN4HqGFg pic.twitter.com/CuXWtvBhxD
— State Bank of India (@TheOfficialSBI) March 8, 2021

Women Home Loan Borrowers Offered Better Loan Rates At SBI: Know How

Earlier this month, SBI reduced interest rate on home loans. The bank now offers concession of up to 70 bps with home loan interest rate starting at 6.7%.. This is a limited period offer ending on 31 March. The lender is also giving a 100% waiver on processing fees.

And based on the borrower's profile and loan amount, interest rate rebate shall be available.
For loans up to Rs. 75 lakh, home loan start at 6.7% while for others it is at 6.75%. To get additional rate benefit, you can apply for loan from SBI's Yono app.

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