Mumbai, Aug 21 (IANS) The country's largest public lender State Bank of India (SBI) on Monday announced waiver of up to 100 per cent processing fee on car loans, personal gold loans and personal loans, in view of the festive season.
The waivers are effective immediately.
"This is in addition to the existing waiver on processing fee on takeover of home loans," SBI said in a statement.
While the bank has announced a 100 per cent waiver on the processing fee of car loans till December 31, customers can avail 50 per cent waiver on processing fee of personal gold loans till October 31, it said.
"Till September 30, customers can avail 50 per cent waiver on processing fee on Xpress Credit - a personal loan offering by the bank," it added.
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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.