Lot is going on in the Real Estate market. The latest is the rate cut by 25 Basis Point (bps) by India largest lender that is the State bank of India. This bring the affordable home loans to 8.35 pc per annum, the lowest in the market.
While the woman borower get a home loan at 8.35 pc for male salaried the rate will be 8.40 pc for loan upto 30 lacs. Over and above an eligible home loan cutomer can avail of an interest subsidy of Rs. 2.67 Lakhs under the Pradhanmantri Awas Yojna Scheme.
To supplement the affordable housing push, SBI has also come up with special offerings for the construction finance to the builders for affordable housing projects. This will give dual push both for the construction finance and also for home finance for affordable homes.
Flying Shark.
While the woman borower get a home loan at 8.35 pc for male salaried the rate will be 8.40 pc for loan upto 30 lacs. Over and above an eligible home loan cutomer can avail of an interest subsidy of Rs. 2.67 Lakhs under the Pradhanmantri Awas Yojna Scheme.
To supplement the affordable housing push, SBI has also come up with special offerings for the construction finance to the builders for affordable housing projects. This will give dual push both for the construction finance and also for home finance for affordable homes.
Flying Shark.
No comments:
Post a Comment