The SBI recently stated that it will waive upto 100% processing fee on car loans, personal gold loans and other personal loans. This is part of a ‘festival bonanza’ programme announced by the bank.
The waiver of fees on car loans is valid for applications received till December 31, 2017. Separately, SBI has also waived 50 % of the processing fee on personal gold loans till October 31, 2017. Till September 30, 50 % waiver on processing fee on Xpress Credit (a personal loan offering by the bank), can be availed.SBI has a deposit base of 26.02 lakh crore with CASA ratio of 43.81 per cent.