SBI, HDFC Bank to ICICI Bank - Innovative home, auto, gold loan offers launched to lure borrowers as festive season looms
Unlock 5.0 has further opened up the economy with several sectors resuming activities. The relaxations have come at a time when there are already indications of economic recovery, with data points showing greenshoots of recovery in many segments. Many top banks have been seen an increase in demand and are now offering loans to boost their business in light of a long festive season ahead
SBI, through its YONO App is offering home, gold and personal loans without charging any processing fee. It is also offering a 0.10 pct rebate on interest to potential home buyers with good credit scores. Source: PTI