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Anonymous
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How much SBI has ruduced its rate of interest on loans for cars and consumer durable products

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  1. eAnswers Team

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    Added an answer on October 9, 2018 at 11:01 am

    State Bank Of India (India’s largest bank) has reduced its interest rates for loans on cars and consumer durable products on 9th October, 2013. The interest rates have been reduced by 0.20% as it was earlier 10.75% and now it is reduced to 10.55%. SBI has also decided to reduce its processing fees by 0.51% of the loan amount for this festival season.

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