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SBI to Capitalize on the Increasing Home Loan Demand this Festive Season
September 12, 2017
Public sector State Bank of India is planning to push its mortgage business even further this festive season by capitalizing on the home loans demand that’s recently picked up the pace. In that regard, not only it has waived off the processing fees for all the home loans but is also going to deploy as many as 7,500 crew members on the streets to market the home loan products directly to the end customers.
SBI chief general manager said that they expect the bank’s volumes to grow significantly this festive season as they have lowered the interest rate which is already the lowest in the industry and also waived off the processing fees as well.
