International Women's Day: SBI announces further concession to women home loan borrowers, check details here
New Delhi: India's largest lender State Bank of India (SBI), offering further cheer to women borrower on International Women's Day, has announced reduction of interest on home loans by further basis points.
"As we celebrate Women's Day, SBI is proud to announce additional concession of 5bps to women borrowers," a newspaper advertisement by SBI read.
SBI home loan now starts at interest starting as low as 6.70% per annum, while the bank commands a market share of 34% in the home loan segment.
SBI has also completely waived the processing fee till March 2021 for customers availing home loans in SBI approved projects. The Bank is also working on themes like focused development of the Home Loan business, refined analytics for boosting growth, easing home loan journey for customers, and post disbursal engagement with home loan customers.