Experience the World of Privileges with SBI Loan

NOIDA, India - May 6, 2015 - PRLog -- As Modi’s regime sworn in the central government, a push is on affordable housing and set up of smart cities. Focus of central government on affordable housing will drive the overall loan growth up to 20-22 percent during this financial year- as per the estimates of rating agency- ICRA. In the first nine months of financial year 2014-15, loan segment has witnessed the loan growth of 17 percent.

5^th May, 2015- This year seems to be big positive for real estate and housing loans. Amended norms, reduced rate of interests and focus of government on affordable housing will make a big impact and loan segment is likely to see a growth of 20-22 percent. According to rating agency report, housing finance market has crossed the mark of Rupees 10 Lakh Crore by 31^st December, 2014. As per financial experts predictions the sector is going to earn more profits this financial year.

Recently a survey has been conducted for the ‘Most Preferred Lender’ and State Bank of India (SBI) is accolade with this award. The survey was conducted in 21 cities across the whole nation. There are some unique features to bank with SBI-

·         Trust and transparency in end to end operations.

·         Competitive interest rate that is affordable for each pocket.

·         Minimum processing charges.

·         No hidden costs.

·         No pre-payment penalties

·         Prompt services

·         Quick disbursement

·         Integrated branch network

·         Exclusive package for women borrower at 9.85 percent interest rate.

However there are certain conditions for women borrowers-

·         The women borrower must either be sole applicant or first applicant in case of joint home loan.

·         The property to be financed should be either in the sole name of the women applicant or co-owner in case of joint ownership.

Along with the above features you can go with the SBI Loan Calculator that will give you the perfect idea of equated monthly installments and other payouts. So, enjoy the perks of being SBI customer.
For More Update:- http://sbi.unifiedloans.in/