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The country’s largest public sector bank SBI is offering business loans at very low interest rates. For the amount from 50 lakh to one crore, the bank is giving interest at the rate of 11.2 percent in March. However, the bank also charges a processing fee of 2 to 3 per cent on this. Despite this, the interest rates will remain low as compared to other banks. This loan is being given by the bank for a period of 5 years.
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