The home buyers who have missed the last train of 8 percent home loan have another chance for their turn as the State Bank of India has extended the closing date further to 31st March 2010. As per the recent sources depicted at www.propertykhazana.com the announcement of extension was made just a day before the last date of the schemes as fixed earlier. This is an encouraging step by SBI to raise the realty graph as well as to provide adequate space for the home seekers.
Here at this scheme of ‘My Home Campaign’ the bank provides a sum of Rs 5 lakhs loan with an interest of 8 percent with a tenure range of 5 years to 10 years. These portrays a clear signal of the banks other financial organization’s interest for a better realty tomorrow with better benefits to the consumers. This trail is continued by few others in the market providing attractive measures to queue up more consumers for realty counters as per the sources reported at www.propertykhazana.com.
On a short note with www.propertykhazana.com MV Nair of Union Bank of India states that “these phenomenons should continue till the interest of the last consumers as to provide better liquidity in the market as well as to raise the doomed realty status of the country”. However the initiatives by SBI have made the other financing players to make further correction to their norms to stick on the completion. For more and latest realty updates follow us at www.propertykhazana.com.
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