SBI Offers on Home Loans
On the occasion of Dhanteras and Diwali, State Bank of India has come up with a special festive offer. This offer is valid till 31st December after starting from 1st September this year. SBI is offering huge discounts on interest rates to customers through this special campaign. Customers are getting discount up to 0.65 percent i.e. 65 basis points depending on the credit score.
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Punjab National Bank offers
Punjab National Bank has also come up with great offers on Home Loans for customers. This Diwali offer is through a campaign called PNB Festive Home Loan Offer. On Dhanteras and Diwali, PNB Bank is offering home loans to customers at an initial rate of 8.40 percent. Apart from this, processing fees and documentation charges have also been waived. To get home loan, you can visit PNB website https://digihome.pnb.co.in/pnb/hl/.
Bank of Baroda Home Loan Offer
Bank of Baroda has launched a special campaign called ‘Feeling of Festival with Bob’ on the occasion of Diwali. This campaign will run till 31st December. Through this festival offer, customers are being offered home loans at an introductory rate of 8.40 percent. Apart from this, no amount is being charged as processing charges from customers.
Note that the interest rate on home loans has increased significantly in the last one year. Home loan rates have gone up by around 2 percent. As a result, the pressure is on us. In such a situation, discount on home loan processing charges is undoubtedly attractive to new customers. Because this processing charge varies in different banks but it comes to around Rs 10,000.