Largest lender State Bank of India (SBI) along with Magicbricks today announced the Big Bang Home Carnival, that aims to fulfil every Indian’s desire to own a dream home.
 
The month - long online housing festival will conclude on March 9, 2018. 
 
During this carnival, SBI and MagicBricks will offer nearly 16,000 units across 22 Indian cities.
 
A total of 62 developers have come on board to showcase 97 projects, while SBI is offering a host of loan deals in SBI and RERA approved projects. 
 
PK Gupta, MD (Retail & Digital Banking) of SBI, said “Our endeavour is to offer best value proposition to our customers. We are offering home loans at zero processing fee with an attractive interest rates and additional 20% loan for the young generation having age upto 45 years." 
 
Gupta further said, "The customers can get home loans pre-approved even before they decide the property to be purchased. To improve customer home loan journey we offer fast processing and door step document collection facilities. We hope to book good business during the Carnival.”
 
Not only this,  many developers are also offering a host of exciting deals to customers ranging from international holidays, free car parking and club membership, cash discount up to Rs 350/sqft, GST free registration, free modular kitchen and etc. 
 
Additionally, SBI is also offering pre-approved home loans, Humara Ghar scheme, flexi home loan (with 20% additional loan) and zero processing fees in SBI approved properties. 

Ritesh Mohan, sales head, strategic accounts, Magicbricks, said, “We are extremely delighted to announce the launch of the second edition of the Big Bang Home Carnival with India’s No 1 Home Loan lender SBI. We had received phenomenal response during the first edition in 2017 and this year Big Bang Home Carnival promises to better with a host of exciting offers and loan deals by SBI." 
 
"Over the last 12 months we have witnessed a significant pent-up demand on our platform as more and more buyers are searching for bigger houses in 2&3 BHKs segment," said Mohan. 
 
Mohan also stated that with the government incentives, we hope this demand to translate into transactions with Big Bang Home Carnival.