2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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8.3 %
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5.2 %
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6.3 %
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7.4 %
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Detailed explanation-1: -SBI is offering a concession of up to 0.25 percent on home loans, with rates starting at 8.4 percent. It has also waived off the processing fee till January 2023.
Detailed explanation-2: -The rates remain at 9.60% for scores of 650 to 699, 9.90% for scores of 550 to 649, and 9.50% for scores of NTC/NO CIBIL/-1. Additionally, SBI is offering borrowers with a CIBIL Score of 750 or higher a 5 basis point discount on card rates for MaxGain & Realty loans (apart from CRE Loans).
Detailed explanation-3: -From April till December 2022 in fiscal FY23, RBI has hiked the repo rate by 225 basis points taking it to the highest level since August 2018 at 6.25%.
Detailed explanation-4: -State Bank of India, HDFC cut home loan rates to 8.4% for new applicants | Business Standard News.