The State Bank of India offers a home loan that claims to be the most favoured by Indian citizens, according to different consumer studies and surveys. Considering the various features of the loan this claim appears to be relevant.

The main reason is the low and transparent charges of the bank. Firstly, a very low interest rate is applied to all SBI home loans and a reduced one is offered to women clients. What is more, the processing fees are rather inexpensive compared to other banks.

If you are interested in loan repayment flexibility, the SBI home loan could be the right match. For full or partly prepayment of the mortgage there is no extra fee charged.

SBI Bank of India offers a wide range of housing loans tailor-made to match personal needs. All of them are low cost and offered with transparency and security to Indian citizens.

Current Interest Rates:

• Up to Rs. 30 lakhs: 8.40%
• Rs. 30 lakhs - Rs. 75 lakhs: 8.45%
• Above Rs. 75 lakhs: 8.50%

Benefits:

• Moderate interest rates and charging fees
• Most preferred home loan in India
• Many options of home loans to choose from
• Many branches throughout the country for visits