Financial Daily from THE HINDU group of publications
Tuesday, Dec 21, 2004
Financial Daily from THE HINDU group of publications Tuesday, Dec 21, 2004 |
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Money & Banking
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Housing Finance X'mas bonanza from SBI Our Bureau
THIRUVANANTHAPURAM: State Bank of India (SBI) has announced reduced interest rates on a range of retail housing loans to coincide with the Christmas season. The new rates are applicable for housing loans, two-wheeler loans and other festival loan schemes, a bank spokesman said here. These rates will be applicable for loans availed of between December 15 and 27. Housing loans sanctioned for a tenure of up to 20 years will carry an interest rate of 7.75 per cent. The new rate for two-wheeler loans for three years will be 10.5 per cent. Interest rates for personal loans of up to four years and festival loans will be 11 per cent.
More Stories on : Housing Finance | Public Sector Banks | Kerala
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