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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