Tuesday, July 3, 2012

Personal loan Scheme of SBI stands out cheaper than competitors


SBI has launched a personal loan scheme with much lower interest as compared to private sector banks. It has offered loan at rate 11.25% to the existing home loan customers. According to the scheme, the value of the property for which the borrower is paying EMI is being evaluated. 75% of the amount will be provided by lender to the customer applying for personal loan after deducting the outstanding property loan amount.
"It is too early to gauge how successful the scheme is since it was launched less than a month back," said an official from SBI on condition of anonymity.
Industry experts believe that this type of scheme which benefits home loan borrowers in opting for personal loans to will attract customers of other banks too. SBI has made a mark being one of the largest players in home loan segment.

6 comments:

Unknown said...

It's Nice one and helpful for those whom have doubts regarding personal loan.
for more about personal loan please visit on:http://goo.gl/KatqP

LoanPao.Com said...

Contact for Personal Loan in (NCR) Faridabad contact Mr. Jitender Dahiya at 9717695334


http://fullertonindiapersonalloan.blogspot.in/

Regards
Jitender Dahiya

Unknown said...

personal loanIts Really a Nice
information for those people who needs personal loan and Also with low interest rate.Its Really helpful.

Regards

Priya Nair

Unknown said...

I am Very happy to say thank to for providing Personal loan Interest Rates at very short time period and with very lowest interest rates.I just got Personal loan at very lowest interest rates.Thanks dialabank for such a good service.you visit http://goo.gl/Q13Yn

tanu sharma said...

Thank you for sharing valuable information. Nice post. I enjoyed reading this post. The whole blog is very nice found some good stuff and good information here Thanks..Also visit my page Fast Personal Loan

Unknown said...
This comment has been removed by the author.