Concessional home loan for flood-affected Kerala by SBI, LIC Housing offer

By Accommodation Times Bureau


In a move to help Kerala flood-affected people, SBI, LIC and Muthoot on August 23, has offered loan at concessional rate for and renovation of homes.

The special term loan at 8.45% for the borrowing of up to Rs 10 lakh for repairing and renovating homes will be offered for people whose houses are affected by flood in Kerala, said SBI.

No processing fee will be levied by the bank on such loans.

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