SBI cuts home loan rates, non-salaried to benefit too

State Bank of India (SBI) has cut interest rates on home loans above Rs 75 lakh by 45 basis points (100bps= 1 percentage point) and has also reduced interest rates for non-salaried borrowers as part of its festive offer. The bank has said that it will offer credit score-linked home loans at just 6.7%, irrespective of the loan amount.

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