SBI and ICICI unveil benefits like reduction in rates, and overdraft facility

New Delhi: To cash in on the festive fervour, banks including SBI and ICICI have unveiled a host of benefits such as reduction in rates, waiver of processing fee and overdraft facility.

SBI has further slashed interest rates by 0.15 per cent for its home loans up to Rs 75 lakh, while ICICI Bank is offering overdraft facility along with home loan.

SBI Home Loans are cheapest in the market and provide an excellent opportunity for both new home buyers as well as those who wish to switch over their home loan to SBI to save on EMI, the bank said in a statement.

SBI home loan would be available at 9.15 per cent while women borrower will get at 9.10 per cent.