80
A lot of people worry about not owning a home. They really don’t need to worry. Because banks offer special loans to build a house. There is another possibility for those who think that the loan amount given by the banks is not enough to build a house. State Bank of India (SBI), India’s largest public sector bank, has announced such a scheme.
Under this scheme you can get a loan of a minimum of Rs 50,000 to a maximum of Rs 50 lakh. The interest rate is 7 percent. It will be in force till December 31, 2021. Beyond that the interest rate may change. The operating fee is 0.50 percent. GST will be caught with it. People above the age of 18 can avail loans under this scheme. Home loan borrowers at State Bank of India can avail this opportunity.
.