SBI trims housing loan processing fee
Moneylife Digital Team 03 February 2012

The State Bank of India (SBI) has cut down the processing fee on home loans above Rs75 lakh to Rs10,000 from Rs20,000, while for loans between Rs30 lakh-Rs75 lakh, the fee has been reduced to Rs6,500 from Rs10,000 earlier, a senior SBI official said.

The new fee structure became applicable starting 11 January 2012. The official, however, added that the processing fee for loans below Rs30 lakh...

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