Government employees? SBI makes your EMIs on home loan cheap; Know from low interest rate to zero processing fee, all details here
The State Bank of India (SBI) has been introducing various benefits to its customers in regards to their loans especially home loans. In almost every individuals checklist of dreams, one most likely includes a house of their own. But this time, it would be government employees, where the largest lender has brought in a bundle of good news. In fact, SBI is offering a host of services under its Privilege Home Loan scheme to government employees making their EMIs cheap. Both state and central government employees can avail home loans at an affordable price at SBI.
SBI on its official twitter account says, "Central and state government employees can enjoy special benefits with the SBI Privilege Home Loan."
SBI has launched SBI Privilege Home Loan exclusively for government employees. Individuals who are employees of Central or State Government which includes PSBs, PSUs of Central Government and other individuals with pensionable service are eligible to apply for this home loan.
The loan amount will be determined by taking into consideration factors such as applicant income and repaying capacity, age, assets and liabilities, cost of proposed house/flat etc.
Interest rates offered by SBI to government employees are mentioned below: