What is the Rate of interest on the mortgage loan?
Asked on 13-07-2018 by Rina Singh
Answered by NewsBytes
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.