State Bank Of India Reduces Home Loan Interest Rate To Record Low Of 6.7%

State Bank of India, the country's largest lender, on Monday reduced its interest rate on home loans up to Rs 75 lakh to 6.70 per cent, its lowest interest rate on home loans on record. Interest rate on home loans between Rs 75 lakh - Rs 5 crore have been reduced to 6.75 per cent, SBI said in a press release. Meanwhile, the bank is also offering 100 per cent waiver on loan processing fees. Women borrowers will get an additional conce...