Contact Your Financial Adviser Money Making MC
3
November 2016
Country's
largest lender, the State Bank of India (SBI) on Wednesday slashed, by 0.15
percent, interest rates for its home loans up to Rs 75 lakh effective from
November 1. The Total Investment &
Insurance Solutions
On a
home loan of Rs 50 lakh, reduction in lending rate will allow a home buyer to
save Rs542 per month and approximately Rs 2 lakh during the loan tenure of 30
years, the lender said. The Total
Investment & Insurance Solutions
"Value
of the savings on EMI of Rs542 per month, if invested in a recurring deposit,
will be approximately Rs6 lakh at the end of the loan tenure," the bank
said. The Total Investment &
Insurance Solutions
The
lender said the customer can also avail of processing fee waiver during
festival times.The Total Investment
& Insurance Solutions
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