State Bank of India (SBI) - the largest lender of the country - is offering a 100 per cent waiver on home loan processing fees if you apply before March 31, said the bank on Wednesday. "Browse from our range of Home Loan products or calculate the savings of switching your existing Home Loan to SBI. Apply online before 31st March and get a 100% waiver on processing fees. Visit https://homeloans.sbi today," SBI said on its verified Twitter handle @TheOfficialSBI. SBI said on its website that it offers 'affordable home loans for up to Rs 30 lakh' with an interest rate of 8.35 per cent per annum.
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Browse from our range of Home Loan products or calculate the savings of switching your existing Home Loan to SBI. Apply online before 31st March and get a 100% waiver on processing fees. Visit https://t.co/nLCuFySKUd today pic.twitter.com/HZNFHciHPb— State Bank of India (@TheOfficialSBI) March 21, 2018
In order to avail a regular home loan from SBI to avail the waiver in processing fee, here is what you need to know:Interest Rates on SBI home loans:Eligibility:
Category Home Loan (Term Loan)* Home Loan as Overdraft (Maxgain)* Upto Rs. 30 lakhs Above Rs.30 lakhs & Upto Rs.75 lakhs Above Rs.75 lakhs Above Rs.20 lakhs & Upto Rs.30 lakhs Above Rs.30 lakhs & Upto Rs.75 lakhs Above Rs.75 lakhs & Upto Rs.3 crores Salaried Women 8.35**% p.a 8.50-8.55% p.a 8.60-8.65% p.a 8.40**% p.a 8.60-8.65% p.a 8.65-8.70% p.a Others 8.40**% p.a 8.55-8.60% p.a 8.65-8.70% p.a 8.45**% p.a 8.65-8.70% p.a 8.75-8.80% p.a Non-Salaried Women 8.45**% p.a 8.65-8.70% p.a 8.70-8.75% p.a 8.50**% p.a 8.75-8.80% p.a 8.80-8.85% p.a Others 8.50**% p.a 8.70-8.75% p.a 8.75-8.80% p.a 8.55**% p.a 8.80-8.85% p.a 8.85-8.90% p.a Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.