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May 4, 2026
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Good news for SBI home loan holders, now you will get the benefit of interest rate reduction soon

theinformalnews6 years ago6 years ago03 mins

There is Good news for SBI home loan holders. The bank has reduced the MCLR (Marginal Cost of Lending Rate) reset frequency of the loan from one year to six months. This will help the borrowers to take advantage of the reduction in MCLR faster than before when the reset frequency was one year. The bank has given…

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