SBI Staff helps to boost home loan growth

In Past 5 months SBI sanctions around Rs.9500 crore of home loan amount through staff referrals. This is on top of more than 50% growth in sanctions. Since April to September 6, we have more than 50,000 new home loan account customers and Rs 9,696 crore has been the amount sourced. SBI’s outstanding home loan disbursals till June-end was Rs 1.64 lakh crore, a growth of 13% year-on-year. Almost 60% of the bank’s retail book is made up of home loans.