SBI
HAMARA GHAR - NEW AFFORDABLE HOUSING
LOAN
NEW
AFFORDABLE HOUSING PRODUCT
SBI Hamara Ghar is a
new Fixed Interest Product exclusively targeting affordable segment.
Housing Loan will be
available by way of Term Loan only with fixed interest option of two ( 2)
years.
Pre-payment penalty at
2% plus Service Tax will be levied on the loans foreclosed / Prepaid during the
initial fixed tenor of two ( 2) years.
Switch-over facility
from fixed interest rate to the prevailing floating rate linked to one year
MCLR will not be available during initial fixed period of two ( 2) years.
Loan
Amount : Maximum Loan Amount : Rs.30 lakhs
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