Sbi Loan

SBI Home Loans Get Cheaper: Key Things To Know

Business | Edited by Anshul | Thursday October 10, 2019

SBIsaid the revision in MCLR is "in view of the festival season and extending the benefits to customers across all segments."

SBI Reduces Key Lending Rates, Home Loans To Get Cheaper

Business | Anshul | Wednesday October 9, 2019

From October 10, the MCLR will stand reduced to 8.05 per cent for the one-year tenor, as against the existing 8.15 per cent, according to SBI's statement.

SBI Links Repo Rate With Floating Rate-Based Loans, Details Here

Business | Anshul | Tuesday October 1, 2019

Repo rate is the key interest rate at which the RBI lends short-term funds to commercial banks.

SBI To Link Floating Rate Loans With Repo Rate: 10 Things To Know

Business | Edited by Anshul | Sunday September 29, 2019

State Bank of India (SBI), the country's largest bank, recently said that it would adopt the repo rate as external benchmark for all its floating rate-based loans from October 1. The change will impact floating rate loans for small businesses, home and retail loans, the bank said in a statement. Repo rate is the interest rate at which the Reserve B...

SBI To Link Floating Rate Loans With Repo Rate From October 1

Business | Edited by Sandeep Singh | Monday September 23, 2019

SBI floating rates: State Bank of India (SBI) said the change will impact floating rate loans for small businesses, home and retail loans. SBI also said it voluntarily extended the external benchmark-based lending to medium enterprises, in order to boost lending to the MSME (Ministry of Micro, Small and Medium Enterprises) sector.

SBI Cuts Interest Rates On Home Loans, Fixed Deposits

Business | Edited by Sandeep Singh | Monday September 9, 2019

SBI home loan interest rate: The move marked the fifth consecutive reduction in MCLR by the country's largest bank so far this financial year.

SBI To Offer New Repo-Linked Home Loan Rates From September 1, Details Here

Business | Anshul | Friday August 30, 2019

SBI has a 2.25 per cent or 225 basis-pointmark-up over the repo rate, which is 5.40 per cent. Any changes in the RBI's repo rate will be reflected in State Bank of India's repo-linked lending rate, and passed on to the home loans.

Latest Interest Rates Charged By SBI On Loans, Other Details

Business | Edited by Anshul | Wednesday August 21, 2019

State Bank of India (SBI), the country's largest lender, has announced a slew of offers across different loan categories such as car loans, personal loans, education loans and home loans. The bank said it has waived processing fees on car loans. SBI is offering interest rate starting from 8.70 per cent to customers opting for car loans, the bank sa...

SBI Waives Processing Fee On Car Loans Ahead Of Festival Season

Business | Indo-Asian News Service | Tuesday August 20, 2019

SBI said it is offering the lowest interest rate starting 8.70 per cent on car loans, with no escalation in interest.

SBI Home Loans Get Cheaper From Today

Business | Edited by Anshul | Saturday August 10, 2019

SBI home loans interest rates: SBI's revision of its marginal cost of funds-based lending rate (MCLR) came after the Reserve Bank of India's Monetary Policy Committee (MPC) slashed the repo rate by 35 basis points.

SBI Reduces Key Lending Rates, Home Loans To Get Cheaper: 10 Things To Know

Business | Written By Anshul | Wednesday August 7, 2019

SBI or State Bank of India, the country's largest lender by assets, on Wednesday announced a reduction in its benchmark lending rates across all tenors. The bank said its MCLR or marginal cost of funds-based lending rates will be reduced by 15 basis points (0.15 percentage point), and the new rates will take effect on August 10. The move marks the ...

How To Avail SBI Loan Against Fixed Deposit (FD)

Business | NDTV Profit Team | Saturday July 27, 2019

Individual customers holding fixed deposit (FD) or special fixed deposit account with SBI in single name can avail this facility online. Joint account holders can avail this facility at SBI branches.

SBI Charges This Much Interest On Home Loans After Latest Change In Key Rate

Business | NDTV Profit Team | Friday July 12, 2019

SBI interest rate: The latest key lending rate, which took effect on Wednesday, was the third downward revision this financial year, according to SBI, the country's largest lender. SBI's one-year MCLR now stands at 8.40 per cent.

SBI Home Loans Get Cheaper From Today: 10 Things To Know

Business | NDTV Profit Team | Wednesday July 10, 2019

State Bank of India (SBI) has reduced its benchmark lending rate by five basis points or 0.05 per cent across tenors. The new rate, effective from today, marks the third reduction by SBI this financial year, the country's largest lender said in a statement. SBI's revision of its marginal cost of funds-based lending rate (MCLR) comes a day after Res...

SBI Reduces Key Lending Rates, Home Loans To Get Cheaper

Business | NDTV Profit Team | Tuesday July 9, 2019

The MCLR, will now stand at 8.40 per cent for the one-year tenor, down from 8.45 per cent, with effect from July 10, said SBI