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25% SBI home loan customers are nevertheless paying higher rates of interest; could you be one of them?

A-quarter away from SBI’s mortgage people with regards to the complete financial profile out of Rs 3.72 lakh crore possess clung towards old ‘base rate’ routine you to fees large interest rate

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Call it lack of knowledge or absolute inactivity, of numerous home loan users of the County Lender regarding India is actually still spending large interest rates on the mortgage brokers although finest options are available. A quarter of SBI’s home loan users with regards to the total mortgage collection regarding Rs 3.72 lakh crore features clung to the old ‘base rate’ regime one to charge highest interest rate. Continue reading