Cool Sbi Market Share In Home Loan 2022

Sbi Market Share In Home Loan. “it is a momentous achievement for state bank of india. Data shows sbi remains the leader in mortgage finance with an overall market share of 20.2 per cent in fy18, up from 17.6 per cent in fy17, while the share of most others came down.

SBI’s home loans cross Rs 5L crore Times of India
SBI’s home loans cross Rs 5L crore Times of India from timesofindia.indiatimes.com

Sbi forayed into the home loan business in 2004 with a total portfolio of rs. The private lender offers a floating rate of 7.60 per cent to 7.95 per cent per year for salaried individuals and a fixed rate of 12 per cent for home loans. Mean rate of interest for home loans :

SBI’s home loans cross Rs 5L crore Times of India

On average, the bank onboards around 1000 home loan customers per day that signifies sbi’s commitment towards affordable housing. Sbi commands over 34% market share in home loans and around 33% in the auto loans segment. Sbi has a share of 34% in the home loan market and a portfolio of over rs 5 lakh crore which it hopes to double in the next five years. Sbi targets a home loan portfolio of ₹ 10 tn in five years premium sbi chairman dinesh khara said the bank has 35% share of india’s home lone market (mint) 2 min read.