Home loan information through missed call
SBI said that in projects approved by the bank, customers can take a loan till March 2021 at an initial rate of 6.8 percent without any processing fees. The bank has issued a number 7208933140. On this, new customers can take complete information related to the home loan by giving a missed call.
Also read- A slight decline in the stock market Sensex still closed above 51,300, then Nifty closed at 15,100
SBI sets record, home loan business crosses 5 lakh crore
Significantly, SBI has made another record. SBI has retained its reign in the home loan segment. SBI said on Wednesday that its home loan business has crossed the Rs 5 lakh crore mark.
SBI’s home loan business has grown five times in 10 years
The bank said that SBI’s real estate and housing business has grown five-fold in the last 10 years. Business was Rs 89,000 crore in 2011, which has reached 5 lakh crore in 2021. By FY 2024, this figure can reach 7 lakh crores.
read this also- Big news for bank customers, strike will start in March! Know why bank employees and officials took this decision
Home loan business was stepped in 2004
Significantly, the bank had entered the home loan business in 2004. The total portfolio at that time was Rs 17,000 crore. A separate real estate and housing business came into existence in 2012 with a portfolio of Rs 1 lakh crore.