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  #2  
13th July 2018, 01:28 PM
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Re: Interest rate of two wheeler loan in State bank of India

Hi buddy I want to know what is Interest Rate Of Two Wheeler Loan In State Bank Of India , as I am thinking to apply for its Two Wheeler Loan??
  #3  
13th July 2018, 01:29 PM
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Join Date: Aug 2012
Re: Interest rate of two wheeler loan in State bank of India

State Bank of India (SBI) is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation headquartered in Mumbai, Maharashtra.

As you want here I am giving below info related to Interest Rate Of Two Wheeler Loan In State Bank Of India

SBI Two wheeler Loan Interest Rates India Jul 2018
Interest Rates 12.65%
Maximum Loan Amount Eligibility 85% of On Road Price
Maximum Loan Tenure 3 Years
Lowest EMI per Rs. Ten Thousand Loan Amount Rs. 335
Processing Fee 1.25% of Loan Amount with Min Rs. 250 and Max Rs. 500
Prepayment Charges Nil
Interest Calculation EMI on a monthly reducing balance
Age Between 21 years and 65 years

Bank profile:
Type Public
Traded as NSE: SBIN
BSE: 500112
LSE: SBID
BSE SENSEX Constituent
CNX Nifty Constituent
Industry Banking, financial services
Founded 2 June 1806, Bank of Calcutta
27 January 1921, Imperial Bank of India
1 July 1955, State Bank of India
2 June 1956, nationalization
Headquarters
Mumbai, Maharashtra, India

Chennai, Tamil nadu, India
Delhi, India
Area served Worldwide
Key people Rajnish Kumar (Chairman)
Products Consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, securities, asset management, wealth management, credit cards
Revenue

₹210,979 crore (US$31 billion) (2017)
Operating income

₹50,848 crore (US$7.6 billion) (2017)
Net income ₹10,484 crore (US$1.6 billion) (2017)
Total assets

₹3,445,121 crore (US$510 billion) (2017)
Total equity ₹2.171 trillion (US$32 billion) (2016)
Owner Government of India (61.23%)
Number of employees 278,872 (2017)


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