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SBI home loan: Bumper benefit is available in this monsoon blast offer

By Ruchi Upadhyay 
Updated Date

New Delhi: SBI Home Loan Offer News: State Bank of India (SBI), the country’s largest public sector bank, has made a big announcement regarding home loan. Actually, SBI has come up with SBI Monsoon Dhamaka Offer on home loan for its customers. Under this offer, no processing fees will have to be paid for taking a loan till August 31. That is, home loan borrowers can get a lot of relief from this step.

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Bank gave information:

According to the information given on the SBI website, at present, processing fee, 0.35 percent of the loan amount plus service tax is levied on home loans. Processing fee is collected from the customer at the time of bank documentation.

How long is this plan?

According to the information given by the bank, the processing fee waiver scheme will run till August 31. Bank’s Managing Director CS Shetty said that waiving the processing fee of the bank will increase the enthusiasm among the home loan borrowers.

Bank expects from customers:

The bank has high hopes from this scheme. After this offer, the sale of houses and flats in the real estate sector will increase. It is worth noting that the bank had earlier started offering waiver of processing fee on loans in January, according to the bank, it is necessary to provide cheap loans to customers having good records of loan repayment. In this way, the bank has once again introduced better offers to woo its customers.

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