‘SBI Reality’ Portal (economic)

SBI launches 'SBI Realty' portal to assist buyers with house selection, loan calculation

Question:- SBI Reality Portal caters to the need of …
(a) Home buyers
(b) Online banking
(c) Telephone banking
(d) Branch banking
Answer:-(a)
Related facts:-

  • On July 18, 2017, India’s largest commercial bank State Bank of India (SBI) launched SBI Realty, a dedicated portal that will help home buyers to choose flats from its 3,000 approved projects across the country.
  • SBI Realty will be a one stop integrated website for home buyers. It will help customers to choose their dream home from 3,000 SBI approved projects, which are spread across 13 states/UTs covering 30 cities.
  • The SBI Realty portal has been developed by SBICAP Securities in association with Prop Equity in terms of data support, project information, etc.
  • At present, the website has 9.5 lakh home units available on website.
  • Using the portal, customers can compare current and past trends of prices for properties in various localities in the city. It will also assist customers in calculating appropriate loan amount a customer should borrow based on income and credit profile.

Reference:
https://www.sbi.co.in/portal/web/personal-banking/home-loan-products