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SBI My Home Campaign to extend

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Sources reported at the www.propertykhazana.com say that State Bank of India has prolonged its special housing loan plan at 8.5% interest rate by another 3-4 months or till March 2010. The decision of the bank will assist the small housing loan borrowers and SBI is giving the special scheme under My Home Campaign by offering 8.5% fixed rate of interest for 5 years, loans amounting to Rs. 5.5 Lakhs for a period of 10 years. Actually this plan was scheduled to end shortly.
According to the sources saying at the www.propertykhazana.com, loans for Rs. 5.5-55 Lakhs interest rate will be finalized at 8.5% in the first year and 9% in 2nd and 3rd years. Except from latest development the SBI is also giving SBI Max Gain under which it offers housing loan as overdraft with the saving interest pick. Also, SBI is offering SBI Advantage Home Loan hauling a fixed interest rate of 8.5% for 1st year and 9.5% for 2nd and 3rd year. For more information on real estate market browse www.propertykhazana.com.
Source: NBTVLIVE

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