SBI home loans get cheaper with reduction in MCLR

By Accommodation Times News Services State Bank of India on revised downwards its lending rates by 5 basis points to 9.15 per cent, based on marginal cost of funds, with effect to this loans will get cheaper. The new minimum lending rates are effective from May 1, State Bank of India

SBI to float subsidiary for managing the properties

  By Accommodation Times News Service The subsidiary would eventually take over these properties after it was formed, the official said Country's largest lender State Bank of India (SBI) is finalizing plans to set up a subsidiary for managing its large portfolio of real estate properties and those taken on lease or rent."SBI

SBI launches many new schemes and offers on home loans

By Accommodation Times News Services State Bank of India largest nationalised bank in India has launched a new scheme for the home buyers, now the home buyers can opt for the loan within 10 days. Bank is also providing door step services. SBI has named the initiative as ‘Project Tatkal’ this scheme

Home loan disbursement in just 10 days: SBI

By Accommodation Times News Services The largest bank government bank State Bank of India (SBI) is planning to reduce the disbursal period for home loan to 10 days from the current duration of 17 days, for better customer satisfaction. The decision was announced by the bank's chief general manager, Prashant Kumar, at an housing

SBI hiring Home loan agents to enhance housing finance business

By Accommodation Times News Services State Bank of India, India's largest bank is now hiring and recruiting agents for home loan and other products of personal finance. Talking to Shri Vineet Samuel, Deputy Vice President - Sales and Distribution, he said that SBI already recruited more than 100 such agents on

Three leading banks reduce their home loan interest rates: SBI, PNB & HDFC

By Accommodation Times News Services India’s largest lender, State Bank of India (SBI), reduced its home loan rates to offer uniform interest rate on home loans. On 26th August, Tuesday bank revised its interest rates on home loans. Now the bank will offer uniform interest rates irrespective of the loan amount,

SBI offers low interest rates for refinancing home loans

By Accommodation Times News Services State Bank of India (SBI) in an attempt to attract the home loan borrower is pitching its low interest rates to those who have already availed mortgages from rivals, to get them to switch over. The bank has sent out emails to prospective customers where it

Two leading home loan lenders cut their interest rates, SBI & HDFC

          By Accommodation Times News Service Two of India’s leading home loan financiers, State Bank of India (SBI) and Housing Development Finance Corp (HDFC), have cut interest on home loans by 15-35 basis points. SBI, the country’s largest lender, has reduced interest on home loans of up to Rs 75lakh 15-35 basis points. Effective Friday,

SBI henceforth won’t give loans for road projects

By Accommodation Times News Service The State bank of India has stopped lending loans to road projects that have not completed the land acquisition of the projects.  This move has been taken by the Chief Vigilance Commission and Central Bureau of Investigation to urge the banks to tighten the norms. "Unless you