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SBI HOME LOANS
State Bank of India (or SBI) is India's largest public sector bank and is a Fortune 500 company. It is now divided into various financial services, and it is a government-owned corporation headquartered in Mumbai. SBI's assets till 2014-15 Ranked 232 on the Fortune Global 500 list of the world's largest corporations by 20,480 billion and by 2016.SBI withdraws its original find in 1806, which makes it the oldest commercial bank of the Indian subcontinent. It exists today as the State Bank of India, since 1956. By date, more than 20% of its deposits and market share of Indian commercial banks.
→ Company brief
SBI provides a range of banking products and services through its extended branch network, which includes products targeted at resident Indians and non-resident Indians (or NRIs).
In addition to its five associate banks, SBI is also operating in a non-banking sector, which includes credit cards, life and general insurance, fund management and capital markets.
→ What sets them apart?
What separates competition from is the strong reach offered by SBI, in addition to metropolitan cities, reaching potential home owners in semi-urban and rural areas. In addition, keeping in mind the rapid technological advances in the banking and financial services (BFISI) sector, SBI has expanded its reach by offering services by clicking a button.
→ Geographic spread
SBI has extensive reach, which are not only spreading locally but also in foreign markets. There are 14 Regional Hubs and 57 Zonal Offices in India. The number of branches of the bank increased by 18,354 in India, and by 2014-15, the bank has 191 offices spread across 36 countries around the world. It also runs some foreign subsidies or affiliates.
→ Product Information
When it talks of home loan, SBI offers various products, and all of these products can be classified as follows:
- Home loans, which include new homes, resale homes (or pre-owned homes), as well as options for building a home.
- A loan for earning deposit, which is to help the person to ensure continuous financing / build-up of Hong's, properties sold by government housing agencies, urban development authorities and housing boards. In addition, this loan can be repaid through the housing loan proceeds taken from SBI.
- Home loan takeover, which is a balanced transfer facility for SBI to change your existing home loan from scheduled commercial banks, either private or foreign banks and housing finance companies (registered with National Housing Bank).
- Tribal Plus Scheme, which is a special housing scheme for the hills / tribal areas of north-eastern India and the surrounding areas of Chandigarh, Bhopal, Lucknow, Patna and Bhubaneswar.
- Loans for her home, especially women's owners, which are offered at the interest rate
- FlexPay Home Loan Scheme, which targets young working professionals to make financial burden easier by offering Attractive payment options.
- →Loan application process Keeping in mind the tradition of employing the latest technological advances, you can apply for SBI branches and online or housing loans. SBI also has digital branches, which are known as SBI Intersch, which offer instant loans for home loans between other products and services.
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