SBT provides special offer on retail loans, deposits

28 Aug 2012 Evaluate

State Bank of Travancore (SBT) has unveiled Aishwaryotsav, a festive offer of reduction of 0.50% in interest rates for housing and car loans up to September 30, 2012. The bank will also wave processing fee for the loans during this campaign period.

The bank has also reduced the margin for the loan by 5%. It offers car loans up to a maximum of Rs 30 lakh and home loans up to Rs 3 crore.

SBT has also declared a festival special term deposit scheme for Onam and the 67th year of existence of the bank. The offer is open for NRE as well as domestic customers at 9.50% for a period of 670 days. The offer will be valid till September 15, 2012.

Peers
Company Name CMP
SBI 820.50
Bank Of Baroda 251.20
Canara Bank 102.65
PNB 97.85
Union Bank Of India 117.10
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