Learner
4016 Points
Joined December 2009
Dear Sir,
Rates as mentioned in the latest edition of Ready Reckoner -
The rates were as follows-
1) Housing Loan - 8%
2) Car Loan (for new Car) - 8%
3) Two wheeler Loan - 15.75%
4) Education loan - {other than Scholor Loan scheme where Rate was 10.25% + concession of 0.5% for Girl student}
a) Upto Rs. 4 Lacs - 11.25%
b) Above 4 Lacs - 12.75%
5) Personal Loan - 16%
6) Loan to employees to suscribe ESOP's - 14%
Note - the above rates were as mentioned on the SBI Website on 01.04.2010