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Why People Hate SBI (Public Sector Banks)....!!!!?????

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Why People Hate SBI (Public Sector Banks)....!!!!Why People Hate SBI (Public Sector Banks)....!!!!







Dear Friends,

From today onwards we will post Reasons to "Why people hate SBI (Public Sector Banks)..?"


Why people hate SBI (Public Sector Banks)

Reason #1:


Gives Low-Interest Rates for the Fixed Deposits from Public. But Private Banks gives High-interest rates.

So here one misconception comes into the picture, 

Customers think like "It is good to keep our Balance/Money in Private Banks as they give high-interest rates. Not good to keep balance in SBI (Public sector banks)."

The Reason is that 

SBI (PSBs) gives Loans (like Home Loans/Education Loans/Gold Loans (with subvention), Car Loans/Personal Loans/Crop Loans....etc) with low-interest rates as per RBI Guidelines...

But if you observe the Same Loans Interest rates with Private Banks It is higher than PSBs.


So if a normal person wants to avail any loan above mentioned is affordable only with SBI (PSBs)...
The requirements of a common man in his life of every stag will be fulfilled by only with PSBs with affordable interest rates.

Though it is difficult to get a loan (in some cases due to requirements of documents, Mostly easy for the common man for getting a loan in PSBs), he can repay easily in EMIs but it is not true while paying EMIs in Private Banks.

So think about it...


Thanks and keep visiting for more updates.....!!!!!!!


for Reason #2 Click here



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