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SBI Easy Home scheme & SBI Advantage Home - SBI New Home Loan Schemes Launched

State Bank of India, the leading bank in India has launched two new home loan schemes for the Indian customer. The two new home loan schemes are SBI Easy Home Loan and SBI Advantage Home Loan.

SBI Easy Home scheme offers home loan up to Rs 30-lakh. The interest payable under this scheme will be based on daily reducing balances at a fixed rate of 8 percent p.a. for the first year. The interest rate for second and third year is fixed at rate of 9 percent p.a.

The SBI Advantage Home is for customers with loan above Rs 30-lakh. Under this scheme, the bank will offer loan at a fixed rate of 8 percent p.a. for the first year, at 9.5 percent p.a. for the second and third years.

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