Just when festivals are around the corner, nation’s largest lender State Bank of India is offering a slew of special offers for its retail customers. SBI has announced a 100% waiver in the processing fee for all customers who are applying for Car, Gold, and Personal loan through YONO.
SBI special benefits on car loans in festive time:
SBI is also offering the lowest interest rate which is starting from 7.5% to customers who are opting for the car loan. Adding to it, they will also get 100 percent on-road finance on select models.
SBI special benefits on home loans:
The bank has also declared special festive offers on home loans for home buyers. In which, there would be a complete waiver on processing fees on home loans for homebuyers in approved projects. State bank of India is also providing special concessions up to 10 bps on the interest rate for the customers based on their credit score & loan amount. Adding to it, homebuyers can avail 5 bps interest concessions if they apply for a home loan by YONO.
SBI special benefits on Gold loan:
SBI Gold loan customers can now have flexible repayment options for up to 36 months at the lowest interest of 7.5%. The bank is also offering Personal loans as low as 9.6% with lending rates.
SBI’s YONO is ready to offer customers in-principal approval on the Car and Gold loan application. A pre-approved paperless personal loan can also be availed by SBI customers on YONO.
The ones who are interested can check their eligibility through SMS by typing PAPL <space> <last 4 digits of SBI a/c no.> to 567676.
SBI MD (Retail & Digital Banking), CS Setty said, “It is SBI’s constant endeavor to work towards benefits of its valuable customers by offering them products & services suiting their needs and requirements and at the same time going easy on their wallets. With the economy recovering gradually, we hope to see a boost in consumer spends and at the same time ensure SBI’s helping hand to all those in addressing their financial needs to have a pleasant festive season.”
