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Home Car loan schemes of SBI extends to September 30

title = "State Bank of India> State Bank of India has decided to expand the flagship schemes loans: SBI Advantage Home Loans SBI and Easy Home Loans, car loans and programs: title = "SBI car loan Advantage> Advantage Car loan SBI and SBI Ezee car loan and let their conditions remain unchanged after the conversion to the Base Rate with effect from 1 July.

"The prices are valid until 30 September, provided that the base rate will be revised in the meantime," said SBI In a press release here.

For home loans, the rate of 8 percent per annum fixed for the first year and 9 percent for the second and third years, regardless of the loan amount determined. From the fourth year at the rate displayed on the base rate and the effective amounts to 9.25 percent for loans up to Rs 50 lakh and 9.75 percent for loans above Rs 50 lakh at present, it said.

On loans for new cars, the interest rate is 8 percent for the first year fixed, 10 percent set for the second and third year. Thereafter, the rates on base rate and are effective is currently 11.25 per cent for the fourth and fifth years and 11.5 Percent for the sixth and seventh annual Ezee Car Loans with borders up to Rs 5 lakh. Credits over Rs 5 lakh at Advantage Auto loans, the floating rate by 25 basis points less than for Ezee car loans.

Meanwhile, LIC Housing Finance Ltd (LICHFL) announces three credit products on Wednesday. These are: Floating rate: For loans from borrowers prefer variable rate initio the offer prices for new customers for loans up to Rs 1.50 crore to 8.75 per cent. Earlier, the special offer rates for loans over Rs 75 lakh and up to Rs 1.50 crore have been set at 9.75 percent.

New Fix-O-Floaty: For loan borrower provides for short-term fixed-rate, the new Fix-O-Floaty Loan at a low price of 8.90 per cent to 31 Established in March 2012, for loans up to Rs 1.50 crore and thereafter on floating basis. The earlier interest rate Loans over Rs 75 lakh and Rs 1.50 crore was up to 9.90 per cent. Advantage 5: LICHFL has launched a product called "Advantage 5 ', where in the lending rates under 9.25 Percent for five years and then set on floating basis.

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