Apply for SBI Home loan on EBLR Basis @ 8.50% Interest Rates 2024
SBI claims to offer “cheapest home loan” with interest rate of 8.50% (EBLR (9.15%) as RBI’s repo rate linked home loan. This rate will be applicable to all existing and new loan from 2024.
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SBI Home Loan Interest Rates on EBLR
Particulars | Interest Rates | |
EXTERNAL BENCHMARK RATE (EBR) | 9.15% | |
Spread other than credit risk premium | ||
Credit Risk Premium | Provided as revised interest rate structure | |
EXTERNAL BENCHMAR BASED LENDING RATE (EBLR) | 9.15% + CRP |
India’s biggest bank State Bank of India (SBI) has announced special offerings ahead of this festive season for retail customers across different product categories: auto/car loan, personal loan, education loan and home loan.