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By Kaisar
Friday, March 13, 2009 (04:59:05), EST

SBI Launches Home Loan Schemes

State Bank of India caters to various home loan requirements of people under a number of schemes.

SBI Flexi Home Loans is a custom designed product, which aims at protecting borrowers from market destabilization. Customers are allowed to select from three customized combinations of fixed and floating interest rates in an order of their preference.

Under SBI Maxgain Home Loans, the customers can optimize their savings and minimize interest liability without any extra cost.

SBI Realty Home Loans is targeted towards those who need to buy plots at a premium amount. Under the scheme, a maximum amount of Rs 1 crore can be borrowed with a repaymennt period of upto 25 years.

SBI Freedom Home Loans is a revolutionary product, which requires no mortgage obligation from the borrowers for investing in property.



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