SBI ‘Monsoon Dhamaka’ offer: Get home loans at 0% processing fee, check last date

State Bank of India (SBI) used to charge 0.40% per cent of the home loan as processing fees. 

New Delhi: In good news for homebuyers, the State Bank of India (SBI) has launched a ‘Monsoon Dhamaka’ offer, wearing the country's largest lender has announced a 100 per cent waiver on process fees on home loans. SBI is already offering one of the lowest interest rates on its home loans.  In a statement, the state-owned lender said that the ‘Monsoon Dhamaka’ offer is valid on home loans that will be processed till August 31, 2021.  Previously, the State Bank of India (SBI) used to charge 0.40% per cent of the home loan as processing fees. However, customers now won’t have to pay any processing fees for loans taken on or before August 31.