In a bid to woo more customers this festive season, leading banks have started slashing their interest rates on home and personal loans. As part of its festive deal offering, the country’s largest lender, the State Bank of India (SBI), is offering a discount of up to 0.25 per cent on home loans, with rates starting at 8.4 per cent. It is also offering a discount of 0.15 per cent on top-up loans and 0.3 per cent on loans against property. SBI has also waived off processing fees on home loans up to January 2023.