SBI said that its existing customers can take personal, or top-up, loans at the same rate that they are paying on home loans under a limited-period offer
State Bank of India said that it is offering an attractive interest rate scheme to its existing home-loan customers, according to a media report.
SBI said that its existing customers can take personal, or top-up, loans at the same rate that they are paying on home loans under a limited-period offer, the report added.
In effect, an existing borrower can take a personal loan at 10.15%, provided he had been paying his homeloan EMIs regularly, the report further said.
For women, this will be more reasonable at 10.1%. The rates imply a 0.35-0.40 percentage point cut in the top-up loan rates that SBI has been charging.
SBI said that its existing customers can take personal, or top-up, loans at the same rate that they are paying on home loans under a limited-period offer, the report added.
In effect, an existing borrower can take a personal loan at 10.15%, provided he had been paying his homeloan EMIs regularly, the report further said.
For women, this will be more reasonable at 10.1%. The rates imply a 0.35-0.40 percentage point cut in the top-up loan rates that SBI has been charging.
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