By Accommodation Times News Services
State Bank of India (SBI) the leading and biggest government bank of India has lowered their interest rates to 10.10 per cent and has also launched additional schemes for their customers, they are offering women borrowers an extra discount of 0.05 per cent and has waved off processing fees. And they have launched a new home loan scheme ‘Pre-approved’ home loan, where buyer can get home loan even before purchasing a home.
Leading banks like Bank of Baroda, Corporation Bank, Canara Bank, Bank of India have decided to waive off the processing fee on home loans. Further the banks like Punjab National Bank have lowered their home loan rates.