SBI Tops In Disbursement Offers. 6.80 Trillion In Home Loans Portfolio

Hyderabad, Nov 23 (Maxim News): State Bank of India (SBI) stands as the unrivaled leader and premier choice for Home Loans, marking a significant milestone by surpassing the Rs. 6.80 trillion mark in Home Loan disbursements across its expansive network of over 23,000 branches nationwide. Noteworthy is the achievement of crossing the 1 trillion mark in disbursements to the Housing Sector during the past year.

Hyderabad Circle Boasts Robust Home Loan Portfolio Exceeding INR 57,000 Crores. Bank Operates 26 Dedicated Central Processing Centres Throughout Telangana. Builder Finance Portfolio Reaches INR 700 Crore with New Sanctions of INR 470 Crore  SBI Extends Concessions in Processing Fees and Interest Rates at Mega Property Show

Bank sanctions 20,636 Home Loans and Top-Up Loans totaling Rs. 9,300 crore in Telangana.
Disbursements surpass Rs. 8,200 crore during the year. The bank operates 26 dedicated Central Processing Centres throughout Telangana.

The bank has taken several initiatives to enhance the customer experience for Home Loan borrowers. These include setting up 26 dedicated Central Processing Centres throughout Telangana to expedite the Home Loan process.
Introducing a “Builder Tie-up” program encompassing 620 projects. Offering a diverse range of products with highly competitive interest rates. Launching various digital enablers such as YONO and OCAS (Online Customer Acquisition System). Implementing “Retail Loan Management Solutions” to digitize the entire sourcing and underwriting process.

Streamlining the documentation process through the implementation of “Document Management Solutions” on a new platform. Mega Property Show 2023: (Maxim News)

---

Next Story:

Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe.  Click to follow Indtoday’s Facebook page, Twitter and Instagram. For all the latest Hyderabad News updates