The State Bank Of India is running "My Home" Mela this Saturday.
The SBI plans to offer loans at attractive interest rates during this Mela. The SBI My Home Mela will run through the festive season of Aug, Sep and Oct 2009.
SBI offers loans to different segments of customers.
Under its Hi Five scheme, they offer loans upto Rs 5 lakhs, with an interest rate of 8% for the first 5 years.
Under SBI Easy Loan scheme, the bank offers loans upto 50 Lakhs, with 8% interest rate for the first year, then 8.5% for 2nd & 3rd year.
In the SBI advantage Home Loan scheme, the bank offers loans beyond Rs 50 Lakhs at an interest rate of 8% for 1st year and at 9% for year 2 & 3.