State Bank of India successfully held two-day Home Loan Utsav in Bengaluru. The loan Utsav saw title sponsor, GM Infinite. Subtitle sponsors, Brigade Group, Salarpuria Sattva and DSR Infra.
The bank is offering a 0.25% concession in interest rate from the fourth year of the home loan if it is availed at the SBI Utsav. Those buying flats in real estate projects for which SBI has extended loans can avail home loans in four days.
- Recently, SBI had slashed interest rate on savings account deposits by 50 basis points to 3.5 per on balance of Rs 1 crore and below.
- Its is Headquartered in Mumbai.