Home Loan Becomes Cheapest As SBI, UNION And Other Banks Slash Rates

State Bank of India has paid down its benchmark lending rate by 90 basis things from January 1, has grown its spread on mortgage loans to 50 foundation things and above, in comparison with 25 bps earlier. Which means the best mortgage price a borrower can acquire because of the biggest lender in the nation is 8.5 %.

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