Perfect time to buy your dream home has arrived
A home loan is the biggest loan that most people take to buy their dream home/property. Recently, one of the biggest banks of India (SBI) has lowered lending rates by 10 basis points, making home loans cheaper. The new rates mark the eight reductions by SBI this financial year. After the rate cut, SBI’s one-year marginal cost-based lending rates (MCLR) has come down to 7.9% per annum, down from 8.00 per cent. State Bank of India offers attractive interest rates…