Till what date SBI has allowed to switch from MAX Gain account to normal account?

POSTED BY Mukesh Jaswani ON August 27, 2012 7:34 pm ONE COMMENT

I have MAX gain home loan account with SBI. I am enjoying the locked rate of 9% till 31 Dec 2013 and after that base rate + 1.75 %, which will be toooo large compare to base rate+0.25.

My question would I able to convert my account in Dec 13 or this switch is allowed for particular time period.

One reply on this article “Till what date SBI has allowed to switch from MAX Gain account to normal account?”

  1. Dear Mukesh, as of now the rate reduction scheme is for the time being but in future also this type of scheme ‘ll remain there. Although it’s not guaranteed but market ‘ll force all the banks & HFC to offer this kind of rate conversion facility.

    Thanks

    Ashal

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