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Saturday, December 13, 2014

Struggling to pay high interest on home loan ? SBI has a solution

This article is exclusively for existing home loan borrowers of SBI !
Existing home loan borrowers of SBI with floating rate of interest is struggling to pay the enhanced interest on their outstanding amount. While the bank is offering loan to new customers @ 10.15%, old customers with floating rates are paying nearly 13% interest now. 
There is some good news for them ! SBI offers a switch over facility for old customers. They can switch over to the new attractive rate of interest by paying a nominal one time fee of 0.56% of the outstanding loan amount. Then they will be charged @10.10% for women and 10.10% for others.
So let's act fast before the offer expires ! Contact your servicing branch or SBI RACPC, fill up a simple switch over form, pay the fee (0.56%) and enjoy the benefit.

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