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SBI Offers Repo-Linked Home Loan Starting At 8.05% Interest Rate
21 Aug 2019, 03:49 PM IST i


SBI home loan: SBI has a 2.25 per cent mark-up over the repo rate, which is 5.40 per cent.
State Bank of India (SBI) is offering repo-linked home loans at interest rates starting from 8.05 per cent. The new rates SBI - which introduced the repo rate-linked home loans in July this year - will be applicable to all existing and new loans from September 1, the state-run lender said. Repo rate is the key interest rate at which the Reserve Bank of India (RBI) lends short-term funds to commercial banks. The interest rate applicab...
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