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Posted

I applied for home loan in SBI and after my credit/ legal verifications I got sanction letter for 1 crore with interest rate 7.7% 

During same time, union bank of India also did my credit check and approved me for 7.45% interest rate 

I informed the same to SBI loan agent, he then mentioned

“Your File sanctioned 7.70% but we are initiated property show lead so you will get 7.35% after loan documentation at the time 1st disbursement. This applies for you and all property lead show customers” 

PS: SBI Property lead show he mentioned was held recently at Hyderabad during Dec 19-21 2025. So the dates match.  

Can something like this happen in SBI? Is agent telling me truth?

  • Upvote 1
Posted

I don't think so.. loan sanction letter meedha entha untado ade final.. vadu commission Konami muchatlu cheptunnadu

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