SBI reduces interest rate on home loan of above Rs. 75 lakh by 10 bps to 8.6%

Posted on:10 Jun 2017 14:36:39
SBI reduces interest rate on home loan of above Rs. 75 lakh by 10 bps to 8.6%
10 June 2017 Current Affairs: State Bank of India has cut the interest rate on home loans above Rs. 75 lakh by 10 basis points (bps) to 8.55%-8.6%, with effect from June 15.

The revised interest rates will be 8.55% pa (per annum) for salaried women borrowers.

For others, the rate of interest will be 8.60% pa.

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