Staff Reporter

VISAKHAPATNAM: State Bank of Hyderabad (SBH) is offering Happy Housing Loans for a limited period – up to April 30 – at an attractive interest rate of 8 per cent per annum that will remain fixed for a year.

From the second year, the interest rate will be reset to a floating rate of 10 per cent (three per cent below the BPLR of the bank) for loans up to Rs. 30 lakhs and a period up to 15 years.