Mumbai - The country's largest public lender State Bank of India (SBI) announced a waiver of up to 100% processing fee on car loans, personal gold loans and personal loans, in view of the festive season.
The waivers are effective immediately.
"This is in addition to the existing waiver on processing fee on takeover of home loans," SBI said in a statement.
While the bank has announced a 100% waiver on the processing fee of car loans till December 31, customers can avail 50% waiver on processing fee of personal gold loans till October 31, it said.
"Till September 30, customers can avail 50% waiver on processing fee on Xpress Credit - a personal loan offering by the bank," it added.