State Bank of India Revises Interest Rate on Home Loans

The interest rates on SBI home loans were reduced significantly w.e.f. 20^th December, 2013 and a separate interest rate structure was also rolled-out for our Woman Home Loan borrowers.

It has now been decided to offer uniform interest rate on Home Loans w.e.f. 26^th August , 2014, irrespective of the loan amount, as under:

Existing interest rate:

                                                                                                                    (Base rate: 10%)

Revised interest rate:

*Where the woman is the sole applicant or the first of the co-applicants and also the sole or the first of the co-owners of the property.