sbi car loan interest rate for govt employees 2020
I request you to convert my savings account into a Savings Plus account. The maximum car loan tenure is of 7 years and the interest calculation is on a daily reducing balance. State Govt Employee’s Saving Bank Account should be converted into SGSP Account automatically OR If not, you should apply at your SBI Branch Manager. SBI finances up to 90% of on road price for brand new passenger cars including MUVs and SUVs. You will receive a call shortly from our customer support. Get lower Interest Rates, zero Processing Fee and no Pre-Payment Penalty. Sir , I have been working as a Government employee in education department in cadre of ——— —- under ——– Government.Hence I request you kindly to your gracious presence to convert my saving account number ———– to regular government Employee salary account (SGSP) to enable me to get the benefits announced by RBI of India as early possible. Known as ‘Scheme for Disabled Young Professional’, this loan caters to various needs of the disabled people. Loan amount: SBI offers a loan amount as high as Rs. The tenure for goes up to 84 months. Uh-oh! Unfortunately last Aug 19,2020 she met fire accident in localTemple and she treated in hospital and she was died in Sep 5,2020. or utility bills such as telephone bill, Bank account statement, Electricity bill etc.) The existing accounts of employees of State Governments and Union Territories opened as ordinary Savings Account or CSP accounts can be converted into SGSP accounts. SBI Bank Car Loan. Currently, SBI offers home loan at interest rate starting at 8.55%. Leaving so soon? The interest rate can switch to the basic floating interest rate, i.e. The State Bank has decided not to change the policy rate. Interest Rate – 6.95% – 7.40% per annum 2.75 % p.a. 9.25% p.a. The highlights include up to 100 per cent financing, lower interest rates, and processing charges. in States/ Union Territories, including Teachers/ Professors of aided Schools, Colleges, Universities, etc. SBI CAR LOAN 2020 | Complete Details of SBI Car Loan 2020 | SBI Car Loan Process in Hindi KAR SSLC Model Paper 2021 You can get up to a maximum of up to 20 Lakhs as the loan amount. This loan can be utilised to purchase a new car, jeep, van, Sports Utility Vehicle (SUV) or a Multi Utility Vehicle (MUV). For building houses for govt employees, a new scheme instead of the existing HBA has been introduced. Loan Tenure extended upto 84 month. The bank provides the discounts as well on the interest rates, but that is for the loyal customers of the SBI. 5 lakh crore. For more details, please visit the Salary Account, Each Salary Package account offers unique benefits and services to the customers. The rates in the year 2018 range between 10.40% and 10.45%. My sister died in a road accident they have SGSP account how much claim their daughtef get.. PLESE SEND APPLICATION FORM AND ENCLOSERS LIST, Dear sir Concessional rate of interest for loans: SBI employees are eligible for loan under staff scheme in concessional rate of interest for housing loans, car loans etc. Above Base Rate Current Effective Rate: 9.85 % p.a. The govt has issued detailed guidelines regarding this. Check SBI Home Loan eligibility, EMI calculator and documents required at Wishfin +91-8882935454 Since I am presently posted at / is being posted to I request that my account should be transferred to Branch of SBI for ease of operation. Help me sir ! From 7.70% to 8.40 % (CIC Based rates are applicable) Certified Pre-owned Car Loan Scheme. SBI is proud to provide India’s first Green Car Loan to encourage people to reduce their carbon footprint and opt for electric vehicles." The repayment period for new car, van, jeep, MUV, or SUV is 84 months. Lowest Interest Rates and EMI: SBI car loans have both fixed as well as flexible rates. HOME LOANS: FLOATING INTEREST CARD RATES W.E.F.01.04.2020 A. SBI finances up to 90% of the on-road price of the car. Hindi Prashna Patra 2020 and sweep facility, you contact nearest SBI Branch and apply for SGSP ATM Card. SBI Scholar Loan Scheme: 8.75% for AA Institutes and for IIMs/IITs 8.90%. Deal? SBI Privilege Home Loan Home Loan designed especially for Government Employees. SBI offers high-value car loans to its customers with the interest rates offered for new and used SBI car loans ranging 1st or 2nd or 3rd or ….. etc) of every month beginning from (dd/mm/yy)I authorise you to transfer the excess amount to a Multi Option Deposit (TD/STD) (please tick) for a period of month/ year(s). SBI personal loan interest rate for salary account holders varies between 10.60% to 13.85% p.a. It will remain at 7% and the interest rates banks charge on car or house loans will also mostly remain the same. She have a good salary package in her department which is equal to Diamond Package but SBI still maintain her SGSP basic sliver account ! Govt Employee Salaried SBI Account will be converted into SGSP account automatically. Rate of interest : 8.25 % above Base Rate (presently 7.60% p.a.) NEW DELHI, May 2: State Bank of India (SBI) will try to keep the interest rates benign as long as possible with a view to supporting the economic growth, its chairman Dinesh Kumar Khara has said. 20 lakhs / 24 times NMI; Second Loan is eligible any time after disbursement of first loan, subject to the overall EMI/NMI ratio of 50%. The bank has auto loan book of Rs. Loan Facility for Physically Handicapped Person - Physically challenged people now can get a loan at low introduced by the Government of India. 10.06.2020 (1 year MCLR: 7.00%) i) SBI Car Loan, ii) NRI Car Loan, iii) Assured Car Loan Scheme . For regular customers, the interest rate is 9.60% onwards per annum while government employees can avail the loan at a lower rate beginning from 12.50 percent per annum. SBI Personal Loan interest rate 2019 for Govt Employees is quite low and attractive. HDFC Bank offers its customers 3% to 6% foreclosure charges depending on when the foreclosure is initiated. There are no processing or documentation charges involved in this loan scheme. Men: 2.25% above 1 year MCLR i.e. SGSP scheme is eligible for PSU like TSNPDCL , TSTRANSCO, TSRTC, I am state government servent. The quantum of finance will be the lower of 25 times of the net monthly income or Rs.100 lakh. This article highlights the procedure of getting the loan launched for the benefit of physically handicapped person. She have a State Government Salary Package in STATE BANK OF INDIA. Payment of proceeds, as well as nomination for the term deposits so made would be as per my/ our Savings Plus Account with you, by debit to which the Multi Deposits would be created. Gain an edge by connecting with us via email. In case the response is b: I request you to allow me auto-sweep facility in the said account, should the balance in my account exceed Rs._ (please indicate an amount of Rs.15,000/- or above) as at the end of the day of (please tick). 2.25 % p.a. The applicant should be between 21 years and 65 years. However I am salary account holder since 2october2020.He is saying that now this facility is not available on your account. The individual applying for the scheme should either be a self-employed or a salaried individual, or an employee of partnership/proprietary firms who are IT assesses. ; In the previous quarter, i.e. We'll process your application faster too! i.e.15.85% p.a currently. No: 691/2010-11 and Circular No: NBG/PB/C&ITU-CSP/30/2010-11, Dated:12-11-2010. The Concession on Home Loans, Auto Loans and Xpress Credit loans will be available and will be continued thereafter subject to review. Lower Interest Rate: SBI charges lower interest rates on Personal Loan which is calculated on a daily reducing balance. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products. Along with the scheme, SBI also offers SBI Life Insurance cover to its customers. sir/madam, How can i avail concession on housing loan for less than 50 lacs, sir/madam, How can i avail concession on housing loan for less than 20lacs. Individuals who are employees of Central or State Government which includes PSBs, PSUs of Central Government and other individuals with pensionable service are eligible to apply for this home loan. If not converted you give an application to the SBI Manager for change of account. With the help of SBI’s car loan you can realise the dream of owing your dream machine. Place: …………………. Interest rates as on 1st APRIL, 2020 on various loans in Personal Segment advances are as under. This discretion will be subject to the proviso that the margin on the Home loan will not go below 10 % after allowing the discretionary concessions, The Branch ManagerState Bank of India Branch, REQUEST FOR CONVERSION OF SB ACCOUNT TO SGSP – ACCOUNT AND AUTO SWEEP FACILITY. Any number of transactions subject to a maximum limit of Rs 40,000/- per day. You can find the SBI rates as on 01-Apr-2018 here or here. From 7.75% to 8.45% . The concession will be applicable for floating as well as fixed rates loans. HOME LOAN INTEREST CARD RATE STRUCTURE (FLOATING): EBR 7.05% LOAN AMOUNT SALARIED TERM LOAN MAXGAIN Up to Rs 30 Lacs EBR + 15 bps ER: 7.20% (ER: Effective Rate) EBR + 40 bps ER:7.45% Above Rs 30 Lacs to Rs 75 Lacs EBR + 40 bps ER: 7.45% EBR + 65 bps The repayment period for old car, van, jeep, MUV, or SUV is 60 months. SBI car loan for electric vehicles State Bank of India, the largest bank in the country, has announced that it is slashing the interest rates offered on car loans for electric vehicles (EV). As regards converting my account to Savings Plus account: (Please tick in the appropriate box)4. One of them is the advantage of low income requirement, which usually starts from as low as RM800 per month, although it may vary from bank to bank. A high debt-to-income ratio can result in skipped or delayed EMI payments. #1. We promise never to spam you. In case of the online method, download the car loan application form from the bank website, fill it up, and submit it along with the necessary identity, age, income, and address proofs to the bank. SBI SGSP State Government Salary Package Application Form download. The applicant should be a regular Central/State Government employee, an employee of a Private Company, Public Sector Undertaking, or a well-respected entity. Instant Approval Loan Up to 10 Crores Check Eligibility Calculate EMI Online Apply for Home Loan Now Current Effective Rate: 10.60 % p.a. To attain this, the only thing the customer would have to do is pay a one-time switching charge plus GST. sd/-(Arup Shyam Chawdhury) Under Secretary (Budget) 2.25 % p.a. can avail of Salary Accounts under State Government Salary Package (SGSP). Above Base Rate. Current Effective Rate: 9.85 % p.a. India's largest lender, State Bank of India (SBI) is offering India’s first Green Car Loan. satisfying the KYC norms as prescribed by your Bank/ RBI. For various privileges under SGSP, please visit Salary Account. Currently, the bank charges 0.25% to 0.50% of the loan amount as processing fee. above Base Rate. Save my name, email, and website in this browser for the next time I comment. Above Base Rate. from 1st April to 31st June 2020 has been fixed at 7.1%. The distinction between each of these variants is based on the designation and net monthly income of the account holder. Instant and accurate results of the EMI calculations will be displayed in the form of an amortisation table. ii) The DGM/ AGM Government Business, DGM/AGM PBBU and AGM IT should follow up this meeting with presentations on CINB, the benefits of SGSP (an offer unmatched by other banks), the advantages of Inter Core funds transfers as compared to NEFT, et These strategies have been implemented successfully by Bhopal Circle. Interest rate on SBI car loans starts from 7.95% and goes up to 11.45% depending on the earning, credit profile of the customer. Please arrange to advise the operating units under your control to open accounts/ convert existing accounts of permanent employees of State Government and Union Territories under SGSP. The personal loan interest rate for this scheme starts at 12.45%. in States in Union Territories, Including Teachers/Professors of aided School, Colleges, Universities, etc. D.k.upadhyay. / Union Territories and permanent employees of Corporations/ Boards, etc. Above Base Rate. How can I got it please guide me? On monthly basis (e.g. Subject to force majeure clause and interest rate reset at the end of every two years on the basis of fixed interest rates prevailing at that time. HOME LOAN INTEREST CARD RATE STRUCTURE (FLOATING): EBR 7.05% LOAN AMOUNT SALARIED TERM LOAN MAXGAIN Up to Rs 30 Lacs EBR + 15 bps ER: 7.20% (ER: Effective Rate) EBR + 40 bps ER:7.45% Above Rs 30 Lacs to Rs 75 Lacs EBR + 40 bps ER: 7.45% EBR + 65 bps My branch manager is not providing 2 mont salary overdraft facility. HDFC Bank offers its customers 3% to 6% foreclosure charges depending on when the foreclosure is initiated. This number appears incorrect / invalid. The concessions detailed in the package will be applicable only to the permanent employees of all State Governments and Union Territories who maintain their Salary accounts with SBI. Current Effective Rate: 10.10 % p.a. I would like to open SGSP Account in SBI BANK branch Barshi. Sl. Complimentary Personal Accident Insurance (Death) cover up to Rs. The SGSP is a salary package that was developed keeping in mind the requirements of those employed by State Governments as well as the governmental organisations that employ them. Minimum Interest loan rate schemes on personal loans for Government Employees in India. State Government Salary Package (SGSP) is a special saving account offered to employees of State Govt. v) Appropriate Publicity material on the lines of “Z Cards” or leaflets to be printed locally, detailing the features of SGSP and other relevant retail assets and liability prod This should be distributed at their offices. To prop up demand, some front-line main banks akin to SBI … 0% Foreclosure charges . Is a government pensioner entitled to convert his SB account to SGSP account ? The big-ticket loans above Rs. from 1st April, 2020 to 31st March 2021 is as under: Advance for purchase of Computer: Rate of interest per annum – 9.8%. Home Loan for Government Employees - Get housing loan for State & Central government employees at low interest rates from Bajaj Finserv. One can apply for a car loan via the online or offline method. Valuation of Interest free/ concessional loan to employee- SBI Interest rate on 01.04.2019 for AY 2020-21. In this case, the net yearly income of the applicant should be Rs.2.50 lakh. Benefits of SBI Car Loan. To facilitate mining of information in CBS: a) The Customer Type will be 010215, which needs to be captured while opening/ converting the existing CIF of personnel of State Governments and Union Territories. iv) Designating a suitable Officer as a Relationship Manager for the State Government/ UT as a contact point for banking related issues and also for undertaking the marketing of SGSP. State Bank of India (SBI) published the reference lending rates for the purpose of loan perquisite calculation for the financial year 2018-19 on its website a few days ago. SBI offers 50% concession in the processing fee for SBI Pension Loan through branches till 31.01.2021. Upon car loan approval, the loan amount will be disbursed to the applicant’s bank account in a matter of few hours. State Bank of India has revised home loan interest rates for new as well as existing customers. Banks allow borrowers to prepay a part or whole of the loan amount after 6 to 12 EMI payments. SBI Personal Loan Interest Rate also depends based on different factors considered by the bank and more details on SBI Personal Loan Interest Rate are listed below. For the interest rate, input the rate at which your lender is providing you the loan. The maximum loan amount will be 4 times the gross taxable income or the net profit according to Income Tax rules. The tool can be used any number of times for free of cost. 3. Privacy Policy. 100% on – Road Funding. Interest rate - It has to be between 1 percent and 50 percent. Avail of Auto-Sweep to create e-MODs (Multi Option Deposits) and earn higher interest. SBI Home Loan interest rates are dependent on various factors such as the borrower’s repayment capacity, loan amount, loan tenure, property value, etc. Fixed and low interest rate. 999/- Only. This variant of the account is offered to state government employees whose gross monthly income ranges between, Withdrawal limit per day Max. the interest rate, which will be applied in the future along with daily reducing method on MCLR. Before applying for a car loan, take the time to compare various car loan offers on a reliable third-party comparison website to get a good deal. 75 lakh would get home loans at 7.05%, the bank said in a statement. Thereafter interest rate will be reset on 3rd-anniversary date of the loan at 50 bps below the rate applicable after completion of 3 years. 10 Best Banks for Personal Loan in India 2020 Lower Interest Rate: SBI charges lower interest rates on Personal Loan which is calculated on a daily reducing balance. A good credit score of 750 or above is required to get low-interest rate unsecured and secured loans. I convert my saving account in SGSP ACCOUNT You need to fulfill SBI Personal Loan for Govt Employees documents requirement which is very minimal. SBI finances up to 90% of on road price for brand new passenger cars including MUVs and SUVs. I request you to accept it for opening the savings account. 9.70% p.a. For regular customers, the interest rate is 9.60% onwards per annum while government employees can avail the loan at a lower rate beginning from 12.50 percent per annum. 90 days Child Care Leave to TS Women Employees & Sanctioning Guidelines, Application Form, 60 days Child Care Leave for AP Women Employees & Application Form, Telangana State Govt Jobs 2021: Junior & Field Assistants, Typist and Other Posts Recruitment, GO.73 Fixed Travelling Allowance to Telangana Govt. The SGSP package will be applicable only to the permanent employees of all State Governments and Union Territories who maintain their Salary accounts with SBI. The maximum amount of loan will be 3 times the net annual income in this case. Loyalty Car Loan Scheme. All other terms and conditions of the scheme(s) will be complied with. The bank offers this unsecured credit facility to the employees, earning a monthly income of INR 17,500/20,000/25,000. SBI Home Loan Interest Rates: IMPORTANT CLARIFICATION from State Bank of India ... customers, and employees. TS Govt Jobs, Various Posts to be filled by Govt. SBI offers its customers a variety of banking and financial services. With our loans, you can buy a hatchback, sedan, MUV, SUV, sports car or a luxury car. Regular Government Employee Salary Account. The scale of the initiative being massive and so also its business implications, we request that your personal attention is bestowed on monitoring opening of accounts under SGSP. The income of the applicant’s spouse, earning children, parents can be taken into account while determining the. What is the current interest rate offered by SBI on Home Loans? what can I do for SGSP ATM Aap iss mein aasani se loan prapat kar sakte hain. and Union Territories and permanent employee of Corporations/Boards, etc. What we will do ! The Bank also offers 100% on-road funding. 3.00 % p.a. Monday or Tuesday or ……etc), every week. Here is a list of banks that offer special car loan schemes for government employees in 2019: Depending on the results, the car loan amount or loan tenure can be adjusted. HDFC Bank Car Loan Schemes. (Refer Annexure I). Margins after concession should not be less than 10 %. The minimum monthly income of the applicant must be Rs.20,000. Further, loan eligibility may vary depending upon changes in interest rate, margin, processing fee and/or terms and conditions of the respec-tive loan scheme. You should submit an application at your SBI Branch, Sir i am employe of m.s.e.d c l SBI State Government Salary Package (SGSP) for Govt Employees & Application Form. I am a primary teacher . SBI Personal Loan Interest Rates are given in such way where it is not a burden for the customer to payback. Loan Cash back scheme, offer, Interest Rates 2020: A borrower with a Rs 50 lakh home loan outstanding, for example, will get a benefit of around Rs 12,425 in the form of savings on accounts of compound interest for a six months period, assuming the rate of interest at 8 per cent. SBI Personal Loan Interest Rates are considered to be most affordable in the public banking sector. My mother was the Govenrment Middle School Head Mistress. The margin on Housing Loan will be in line with risk-based premium/ discounted interest rates. Computer Advance Interest Rate 2020-21 for Central Government Employees March 18, 2020; Home Loan Interest Subsidy – Interest Rate and Eligibility February 12, 2020; 7th Pay Commission Advances: Restoration of Festival advance to CG Employees October 6, 2019; HBA Interest Rate Declined from 8.5% to 7.9% October 4, 2019 Web portals, TS ePass Website For Telangana Students | TS State Govt ePass Website telanganaepass.cgg.gov.in, Best Employees Awards 2021 in view of State Function Independence Day, TS PRC Calculator 2021: Know Your Basic Pay in TS PRC (Salary with New Fitment), AP Employee Pay Slip 2021 or Salary Slip download from CFMS website, GO.25 for Extension of APGLI Scheme to Municipal Employees and Teachers except Employees of…, TS State Best Teacher Awards Selected List 2021 & State Awards to Best Teachers Result Download, SBI Permanent Part-Time Medical Officers Recruitment 2021, SBI POs Probationary Officers Admit Cards /Call Letter, Exam dates, Results 2021, SBI SO Interview Schedule 2021 & Call Letter Download, SBI Youth for India Fellowship 2021, Apply Online at youthforindia.org, SBI PO Prelims Admit Card 2021 for Probationary Officers Preliminary Exam, APGLI is an Andhra Pradesh Government Life Insurance Department, This variant of the account is offered to those employees whose gross monthly income is, This variant of the account is offered to state government employees who have a gross monthly income that ranges between. Request received - loud & clear!Returning you to where you were... (You can save searches, track your apps & save plenty of time!). Rs.1,00,000/- per day, Transactions limit per day at POS/ Merchant Establishments Rs.50,000/-, Transactions limit per day at POS/ Merchant Establishments Rs.2,00,000/-. HOME LOANS (TERM LOAN): Above Base Rate on the date of reset. Please ensure that adequate supplies of NPWKs are requisitioned. Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. 1.50% of the loan amount, minimum of 1,000 + GST & maximum of 15,000 + GST. 4.25 % p.a. Enclosures :1. SBI Saving Account Number to Regular Government Employee Salary Account Application form Download, *Disclaimer: We have published the above information for reference Purpose only, For any changes on the content we refer to visit the Official website to get the latest & Official details, Model Paper 2021| Question Paper 2021 Model Papers 2021 | Sample Paper 2021 | Board Model Paper 2021 | Model Paper 2021 | Bihar Board 12th Model Paper 2021 | Bihar Board 10th Model Paper 2021| PSC Model Paper 2021 | 10th Model Paper 2021 | 12th Model Paper 2021 | Host of regular offers on Debit Cards and YONO by SBI, Issued to those account holders who consenttoissuance of International Debit Card, Add on card for spouse free of cost for joint account holder, a) KYC formalities would have to be completed by the branch concerned as usual and, b) The branches will have to upload the mandatory 8 Fields as per extant instructions, (a)Transactions at Non-home branches: Free for SGSP account holder, (b)Transfer of funds between SBI branches: Free for the SGSP account holder, however, charges as applicable to beneficiary account holder will be levied for amounts above Rs. Xerox copy of employee I.D . Defense employees can take advantage of lower interest rate over the home loan card interest rate wherever the government has extended the check-off facility in collaboration with the bank. Interest Concession for Girl Student -0.50% interest concession in interest rate and another 0.50% Interest concession for availing SBI Rinn Raksha policy for loan amount. Current Effective Rate : 9.60% p.a, 2.25 % p.a. Repayment period can extend upto age of 75 years instead of 70 years in normal home loans. SBI Officials may convert in to SGSP, You can give an application form in SBI to avail this facility. Is this account is applicable for state government bank pension holder who’s salary is credited in SBI..? I do not wish to avail of this facility OR5. 30 Lakhs. viii) Please arrange to publicise the scheme extensively through all available local media. External Bench Mark lending Rate (EBR):7.05% A. SBI home loan interest rates start from 6.70% for loans up to Rs 30 lakh and 6.95% for loans above Rs 30 lakh and up to 75 lakh. Rs 1 lacs Personal Accident Insurance cover. India’s largest public sector bank State Bank of India (SBI) is offering loans to senior citizens at attractive interest rates. (On Applying through YONO) otherwise starts from 7.75% p.a. *Rs 4 lacs Personal Accident Insurance cover, Any number of transactions subject to a maximum limit of Rs.1,000 per day (Rs 50,000/- in India) for International Card, Any number of transactions subject to a maximum limit of $ 1,000 per day (Rs 50,000/- in India) for International Card, Rs 5 lacs Personal Accident Insurance cover, Any number of transactions subject to a maximum limit of Rs.2,000 per day day (Rs 1,00,000/- in India) for Platinum, 1.75 % p.a. The undersigned is directed to state that the rate of interest for advance sanctioned to the Government servants for purchase of Computer during 2020-21 i.e. Stage Govt Salary Package Benefits and Features to the Employer: Attractive Interest Rates on Retail Loans, Salary Package account is a special saving account offered to salaried customers which provide unique benefits and services, as well as seamless access to the most advanced and secure Net Banking and Mobile Banking services. refrigerationpedia.com/. 2.50 % p.a. Yours faithfully, Name:…… Address……….. Date…………. The Concession on Home Loans, Auto Loans and Xpress Credit loans will be available and will be continued thereafter subject to review. Current Effective Rate: 10.35 % p.a. SBI Privilege and SBI Shaurya – Special home loan scheme for government and PSU employees Rate of Interest as same as normal sbi home loan starts from 8.45% for women, 8.50% for others / men. Current Effective rate:9.35% p.a, 2.00 % p.a. Interest Rate (1 year MCLR: 8.55%) i) SBI Car Loan, ii) NRI Car Loan, iii) Assured Car Loan Scheme, iv) SME Retail Car Loan Scheme (excluding Taxi, Transport Operators and fleet segments in SME) From 9.30% to 9.80% Loyalty Car Loan Scheme: SBI Car Loan, NRI Car Loan: For Men: 1.15% above 1 year MCLR i.e. SBI Home Loan interest rates are dependent on various factors such as the borrower’s repayment capacity, loan amount, loan tenure, property value, etc. The maximum repayment tenure is up to 84 months for Defence Pensioners and 60 months for Family and Central & State Government Pensioners. Government employees have several advantages when applying for a government personal loan. Yours Faithfully, ( ),My office address———————–———————–———————–. 3.25 % p.a. This rate is 9.25 per cent above the 1-year MCLR of 8.15 per cent. SBI Privilege and SBI Shaurya – Special home loan scheme for government and PSU employees Rate of Interest as same as normal sbi home loan starts from 8.45% for women, 8.50% for others / men. SBI's home loan scheme customised exclusively for government employees. Can be converted into a personal loan on the application, repayable within 48 months at attractive rates of interest.