These 5 special loans can be availed to the customers in SBI’s festive season, cheaply

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SBI Bank is giving loans to people at a very low interest rate during the festive season. In such a situation, any loan from SBI can be taken at a very low interest rate.

SBI Bank is giving loans to people at a very low interest rate during the festive season. In such a situation, any loan from SBI can be taken at a very low interest rate.

State Bank of India is the largest loan provider in the country. Many types of loans are given by the bank from personal loans to education. Now SBI Bank is giving loans to people at a very low interest rate during the festive season. In such a situation, any loan from SBI can be taken at a very low interest rate. In such a situation, you know which loan the bank is offering at what interest rate.

SBI has also told through an advertisement that which loan is being available at what interest rate. From this, you can guess what the rate of interest on the loan in SBI is and if you need any of these loans, then you can easily take a loan. Let us tell you how much interest will have to be paid on which loan.

How much interest on home loan

SBI is currently giving loans only at 6.70 per cent. However, this is the lowest rate and it may change depending on your property and cibil. Actually, the rate of interest in home loan is different in different ways and it depends on the loan amount from the property location. SBI often offers home loans at the lowest interest rate, which makes this bank 34% participating in the home loan segment. That is, SBI alone gives the highest 34 percent of the home loans given by banks.

Car loan

SBI Bank is currently giving loans on the basis of 7.50 per cent interest rate. The special thing is that SBI offers car loan facility for 85 months, that is, you can easily repay your car loan slowly. SBI loans on new cars and second hand cars of all manufacturers. For second-hand cars, the condition is that the car should not be older than 5 years.

Gold loan

Gold loan is being given by SBI at the rate of 7.50 and this loan depends on your gold. Gold also comes in many ways, in which many loans can be liquidated at any time, then many loans are based on interest. Also, if you want to increase your business, SBI gives you a loan on gold, for this you can grow the business by keeping gold at home.

Overseas Education Loan

If you want to study abroad, then the loan is given by the bank and EMI is taken at the interest rate of 9.30% on it.

Pre approved personal loan

In a personal loan, you will have to pay interest according to the interest rate of 9.60. It is also lower than other banks.

Also read- 20 rupee note is printed in 1 rupee, know how much is spent on printing 2000 note?

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Bhagyashree Soni
Bhagyashree Soni
Bhagyashree Soni is a software engineer with soft writing skills. She is a degree holder from the International School of Entrepreneurial Leadership. She has been a state-level badminton champion and chess player. A woman with a forthright attitude enjoys her writing passion as her chosen career. Writing in the context of feminism, social-cause and entreprenurship is her forte.
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