SBI to continue special rateson home loan for women

April 03, 2014 12:37 am | Updated May 21, 2016 07:48 am IST - MUMBAI:

State Bank of India (SBI), on Wednesday, said that it had extended the date of the special interest rates on home loan for women borrowers till further notice.

“The interest rates were reduced significantly with effect from December 20, 2013, and a separate interest rate structure had been rolled out for woman home loan borrowers. The special rates were made available up to March 31, 2014. However, in view of the overwhelming response received across the country, it has been decided to extend the special rates beyond March 31, 2014 till further notice,” SBI stated in a release. The interest rates on home loans for women are: Up to Rs.75 lakh 10.10 per cent and above Rs.75 lakh, 10.25 per cent per annum.

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