SBI's gift: The bank is offering cheap loans to the customers, these 5 types of loans will be available cheaply

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March 29, 2021

 SBI's gift: The bank is offering cheap loans to the customers, these 5 types of loans will be available cheaply


Not just personal or home loans but the bank is giving you 5 types of loans at low rates

The bank shared the information on social mediaState Bank of India (SBI), the country's largest state-owned bank, is offering special gifts to 44 crore customers at the festival. The bank is offering Cheap Loan Facility to the customers. The special thing is, not only personal or home loan but the bank is giving you 5 types of loan at low rates. The bank has given information about this on social media. Find out which loan is available at what rate-

Home loan - 6.70 percent
Car loan- 7.50 per cent
Gold loan- 7.50 per cent
Overseas Education Loan - 9.30 percent
Pre-approved personal loan - 9.60 percent

Home loan
SBI is currently lending at only 6.70 per cent. But it is the lowest rate and can vary depending on your property and Sibyl.

Car loan
SBI Bank is currently offering loans at an interest rate of 7.50 per cent. The special thing is, SBI offers car loan facility up to 85 months, which means you can easily repay your car loan gradually.

Overseas Education Loan
Apart from that, if you are planning to study abroad and want to take a loan, you will have to pay EMI at an interest rate of 9.30 per cent.Pre-approved personal loan
In Pre-Approved Personal Loan you will have to pay interest at the rate of 9.60. It is much less than other banks.

Gold loan
Gold loan at the rate of 7.50 is being given by SBI. A loan of up to Rs 50 lakh can be taken from a bank by pledging gold. You do not have to do much paperwork to get this loan which is why it is also a good option for managing money.