SBI Waives Processing Fees on Term Loans

India’s Largest Bank SBI set to waive processing fees on housing, car and gold loans on the eve of 75th Independence day. This is really a good news for loan borrowers as 1% of loan sanctioned amount would be levied on the customer till now.

A special discount of 50% would be applicable to Front-Line Health-Care Workers(Covid Warriors)on the personal loans.

If the customer opt for car loan through yono app, a special discount of 0.25%(25 basis Points)would be applicable. Besides this, the customer can avail 90% loan on the Car On Road value.

Likewise,the customer can avail 0.75%(75 Basis Points) Discount on the gold loan interest rate. With the applicable discount rate, customers can apply for gold loan at 7.5% interest rate either through yono app or through off-line(Visiting Bank)Mode.

So, if you are a SBI Customer and want to avail special discounts, Hurry! This offer is applicable only up to January 1st, 2022, so grab the offer as per your eligibility.

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