MoneyWorks4Me

SBI offers bonanza to its existing home-loan customers

12 Mar 2015 Evaluate

State Bank of India (SBI) has offered a bonanza to its existing home-loan customers under which customer can take personal, or top-up, loans at the same rate that they are paying on home loans under a limited-period offer from the nation’s top lender.

Moreover, an existing borrower can take a personal loan at 10.15%, provided he had been paying his home loan EMIs on time. For women, this will be even cheaper at 10.10%. The rates imply a 0.35-0.40 percentage point cut in the top-up loan rates that SBI has been charging. 

Peers
Company Name CMP
State Bank Of India 940.65
PNB 115.50
Bank Of Baroda 234.10
Canara Bank 117.20
Union Bank Of India 172.95
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