SBI announces special car, personal, education loan benefits ahead of festive season
5 years, 4 months ago

SBI announces special car, personal, education loan benefits ahead of festive season

Live Mint  

India's biggest bank State Bank of India has announced special offerings ahead of this festive season for retail customers across different product categories: auto/car loan, personal loan, education loan and home loan. In addition, SBI is offering "lowest" interest rate starting from 8.70% to customers opting for car loan, with no escalation in interest, the bank said. SBI claims to offer "cheapest home loan" with interest rate of 8.05% as RBI's repo rate linked home loan. SBI is also extending loan repayment time for struggling automobile dealers by 15 to 30 days amid slowing car sales.

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