SBI cuts home loan rate: Following the decision of the Reserve Bank of India (RBI) announcement to cut repo rates by 25 basis points (bps), the State Bank of India (SBI) - the country's largest ...

SBI's base rate is 10.40%, and the Benchmark Prime Lending Rate is 15.15% as of September 15. Home loan interest rates vary between 8.50% and 9.65%, influenced by the borrower's CIBIL score.

Furthermore, the two-year MCLR stands at 9.05% and the three-year MCLR at 9.1%. The SBI home loan External Benchmark Lending Rate (EBLR) is currently set at 9.15%, which includes the RBI repo ...

"Home loan is the biggest business unit of the bank now and will continue to be an important growth driver," SBI Chairman Dinesh Kumar Khara said in a media conference. The lender's home loan book ...