Interest for 3rd home loan from SBI Bank

POSTED BY vramesh99 ON September 24, 2013 12:58 pm ONE COMMENT

Hi,

I have 2 home loans and plan to be Second holder in a 3rd home loan. SBI is stating that there will be .25% additional intrest rate charged. Is this correct ? Can you share some links for the same ?

I will not be paying the EMI for the new loan and the first holder will only be paying it. Please guide.

One reply on this article “Interest for 3rd home loan from SBI Bank”

  1. ashalanshu says:

    Dear Vramesh, it’s SBI’s internal practice to charge higher ROI from repetitive borrowers.

    Thanks

    Ashal

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