State bank of India has come up with new home loan scheme "SBI Lifestyle Loan" under which customers can avail themselves of eight per cent interest rate for one year.
"However, this facility would be available to the extent of 10 per cent of their home loans but up to a maximum of Rs. 5 lakh", an SBI release says.
The new scheme of eight per cent interest rate will be offered for loans taken during February 2 and April 30, the release says.
After the first year, the applicable rate will be charged for the loans.
-- ZEENEWS
--Gopi
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