Rina SinghAsked on 13 July, 2018
What is the Rate of interest on the mortgage loan?
As per SBI rules, the rate of interest for Mortgage Loan is classified into two parts. For loans up to 1 Crore, the ROI is 11.70%per annum. And for loans above 1 Crore, the ROI is 12.85% per annum.