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Following the Reserve Bank of India (RBI)'s recent 50 basis points reduction in the repo rate, State Bank of India (SBI) has lowered its home loan interest rates. The new rates, effective June 15, 2025, range from 7.50% to 8.45% depending on the borrower's CIBIL score. SBI's External Benchmark Lending Rate (EBLR) has also been reduced to 8.15% from the previous 8.65%
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SBI Shubh Shuruwaat Campaign 2025 - Period: 20.05.2025 to 31.07.2025 | Processing Fee: ₹5,000 + GST | Takeovers: NIL | LAP: 0.50% of Loan Amount (Max ₹25,000 + GST)
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Interest Rate Update: Following June 6, 2025 repo rate cut, SBI forecasts ~30 bps reduction for external benchmark-linked loans in July 2025 quarterly reset
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Expert SBI Consultant: Get instant loan approval with K.V. Ramanand | 98% Success Rate | ₹100+ Crores Disbursed | 15-Day Average Processing
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Competitive Rates: SBI home loans starting from 8.00%* | Flexible tenure up to 30 years | Zero hidden charges | Professional guidance from retired SBI manager