Country's largest public sector bank State Bank of India has given its customers the very big gift for the new year 2012. Now customers can get a home loan at 50 per cent discount on processing fees. So they will have only half the fee.
Bank fees Rs. 20,000 for Rs 75 lakh home loan borrowers has been reduced to Rs 10,000. Similarly, for 30 to 50 lakhs amount, its Rs 6,500. However, for lesser amount of loan, procession fee will be 0.25 percent.
With this 50 lakhs loan from the State Bank, the processing fee will be only Rs 6,500, while ICICI Bank and Axis Bank its Rs 25,000 and HDFC Bank takes Rs 10,000.
Bank fees Rs. 20,000 for Rs 75 lakh home loan borrowers has been reduced to Rs 10,000. Similarly, for 30 to 50 lakhs amount, its Rs 6,500. However, for lesser amount of loan, procession fee will be 0.25 percent.
With this 50 lakhs loan from the State Bank, the processing fee will be only Rs 6,500, while ICICI Bank and Axis Bank its Rs 25,000 and HDFC Bank takes Rs 10,000.
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