SBI announces home, auto loans at cheaper rates during festival season; other lenders likely to follow suit
5 years, 4 months ago

SBI announces home, auto loans at cheaper rates during festival season; other lenders likely to follow suit

Firstpost  

Recently, SBI reduced MCLR by 15 bps due to which overall home loan interest rate is now reduced by 35 bps since April 2019. Concession of 25 bps on interest rate if applied for car loan via digital platform; salaried customers can avail the loan up to 90% of the car’s on-road price pic.twitter.com/iVdGSEIsTR — CNBC-TV18 August 20, 2019 The country’s largest lender offered customers cheaper loans with added benefits such as waiver in processing fees, pre-approved digital loans and loans with no escalation in interest rates spread across various categories. The bank is offering lowest interest rate starting from 8.70 percent to customers opting for car loan, with no escalation in interest,” it said. Recently, SBI reduced marginal cost of funds-based lending rate by 15 bps due to which overall home loan interest rate is now reduced by 35 bps since April 2019.

History of this topic

EMIs to go up? SBI raises lending rates by 5 basis points for THESE tenures. Check details
2 months ago
SBI Hikes MCLR by 10 Basis Points, Third Consecutive Increase
4 months, 4 weeks ago
SBI Hikes MCLR-based Lending Rates By 10 BPs; Check Details Here
5 months ago
SBI hikes loan interest rates from today, EMIs for personal, auto loans to rise | Check details
6 months ago
SBI Raises Lending Rates By 10 Basis Points, EMIs Set To Increase
7 months ago
SBI fixed deposit interest rates hiked. Check latest here
1 year ago
Bank of Maharashtra Cuts Home, Car Loan Rates, Waives Processing Fee
1 year, 5 months ago
SBI gives 30-55 bps concession on home loan rates, first disbursement by 31 Mar
1 year, 9 months ago
SBI hikes recurring deposit rates. Check latest RD rates here
1 year, 11 months ago
SBI’s home loan interest rates change from today, benchmark lending rates up
1 year, 11 months ago
SBI Hikes Home Loans Rates. Check Revised Lending Rates For HDFC, PNB, BoB
1 year, 11 months ago
SBI hikes rates by up to 25 bps on FDs below ₹2 cr; introduces 400 days tenure
1 year, 11 months ago
SBI hikes lending rates by 10 bps across tenures; loan EMIs set to rise
1 year, 11 months ago
SBI increases fixed deposit interest rates by up to 80 bps, check latest FD rates
2 years, 2 months ago
SBI raises benchmark lending rate by 0.7%
2 years, 4 months ago
SBI Hikes MCLR Across All Tenors: Home Loan, Car Loan EMIs Set to Increase; Details Here
2 years, 5 months ago
SBI Hikes Fixed Deposit Interest Rates for These Tenors: Check Latest SBI FD Rates Here
2 years, 5 months ago
SBI Hikes MCLR Rates By 10 Basis Points; Loans, EMIs To Get Costlier
2 years, 6 months ago
SBI Raises Minimum Home Loan Rate To 7.55%; Know Latest Lending, Deposit Rates
2 years, 7 months ago
SBI hikes home loan interest rate; EMIs set to go up
2 years, 7 months ago
SBI hikes lending rates by 20 bps from 15 June, EMIs to go up
2 years, 7 months ago
SBI Fixed Deposit Interest Rates Hiked for These Tenors; Check New FD Rates Here
2 years, 7 months ago
SBI hikes interest rates on fixed deposits: Check new rates here
2 years, 7 months ago
SBI increases MCLR | How hiking this lending rate impacts your home, auto loan EMIs
2 years, 7 months ago
SBI hikes lending rate by 0.1%, EMIs to go up
2 years, 7 months ago
SBI Hikes MCLR Again, Twice In A Month; How Will It Impact Home, Auto Loan EMIs?
2 years, 8 months ago
SBI, Bank of Baroda, Axis Bank Hike MCLR Rates: Calculate How it Will Impact Home Loan, Car Loan
2 years, 8 months ago
SBI alert: EMIs for State Bank of India customers to go up | Top points
2 years, 8 months ago
SBI Hikes MCLR Across All Tenors By 10 Basis Points; Home Loan, Car Loan EMIs May Go Up
2 years, 8 months ago
SBI Hikes MCLR Across All Tenors: Home Loan, Car Loan EMIs May Go Up; Check Details
2 years, 8 months ago
SBI Hikes Fixed Deposit, Recurring Deposit Interest Rates; All You Need to Know
2 years, 11 months ago
SBI Hikes Fixed Deposit Interest Rates for Short Term Tenures. Know More
2 years, 11 months ago
SBI revised interest rates on fixed deposits
3 years ago
SBI FD Interest Rates, Base Rates Increased. Details Here
3 years ago
Car Loan Festive Offer: Good news! All these banks, including SBI-PNB and HDFC, are offering cheap car loans, check how much your EMI
3 years, 2 months ago
SBI Home Loan, Personal Loan, Car Loan: Know the Latest Offers Ahead of Festive Season
3 years, 3 months ago
SBI Cuts Home Loan Interest Rate to 6.7% for Any Amount, Zero Processing Fee. Know More
3 years, 3 months ago
Hurry! SBI offer of 100% waiver on home loan processing fee ends tomorrow
3 years, 4 months ago
SBI Personal Loan, Home Loan, Car Loan Interest Rates Cut, No Processing Fee, Know More
3 years, 4 months ago
SBI announces higher interest rate on these deposits, fees waiver on these loans
3 years, 4 months ago
SBI offers higher rate on term deposits, waiver of processing fee
3 years, 4 months ago
SBI Gold Loan: Apply for gold loan via SBI YONO app to get 0.75% discount on interest rate
3 years, 5 months ago
SBI waives processing fee on home loans till August-end
3 years, 5 months ago
SBI New Personal Loan From Rs 25,000-5 Lakh, Zero Fee, Low Interest, Moratorium
3 years, 6 months ago
SBI cuts home loan interest rate to 6.70%
3 years, 8 months ago
SBI Reduces Home Loan Interest Rates. Check the Latest Rates
3 years, 8 months ago
List of education loans at concession by State Bank of India
3 years, 10 months ago
Home loan rates compared: What SBI, ICICI Bank, HDFC, Kotak Mahindra Bank offer
3 years, 10 months ago
ICICI Bank Slashes Home Loan Rates to 10 Year Low at 6.70%; All You Need to Know
3 years, 10 months ago
Cheapest home loan interest rates: SBI vs Kotak Mahindra Bank vs HDFC
3 years, 10 months ago

Discover Related