We at Sumadhura wish to share this good news! It is the first time in 17 years that home loan interest rates have fallen below 8%. The State Bank of India is offering home loans at 7.95% interest rate (floating), effective from January 1, 2020. Previously, in 2003, the home loan interest rates were offered[...]
Read MoreLakhs and crores of rupees for a home loan and a big part of our lifetimes to repay it. A home loan binds us while it sets us free. Hypothetically, a 2 BHK / 3 BHK apartment in Bangalore with about 50 lacs to be paid for home loan in about 20 years sets us back[…]
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