HOME LOANS - INTEREST RATES [Print Page]
1. SBI EASY HOME LOAN (01.10.2010) (Base Rate =7.60% p.a.) Interest rate for proposals sanctioned between 1st October 2010 and 31st December 2010. Loan amount Facility Type Interest during first year 2nd & 3rd year Floating interest rate after 3rd year Fixed interest rate after 3rd year Maximum Rs.50 Lacs OD (MaxGain) or TL 8% p.a.(Fixed) 9% p.a.(Fixed) 1.75% above Base Rate, Currently effective rate being 9.35% p.a. 3.50% above the Base Rate prevailing at the time of reset, with a reset frequency of 5 years.
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SBI ADVANTAGE HOME LOAN (01.10.2010) Interest rate for proposals sanctioned between 1st October 2010 and 31st December 2010 Loan amount Facility Type Interest during first year 2nd & 3rd year Floating interest rate after 3rd year Fixed interest rate after 3rd year Above Rs.50 Lacs TL 8% p.a.(Fixed) 9% p.a.(Fixed) 2.25% above the Base Rate, Currently effective rate being 9.85% p.a. 3.50% above the Base Rate prevailing at the time of reset, with a reset frequency of 5 years.