State bank of India ties up with Magicbricks.com State Bank of India and real estate portal magicbricks.com on 29 December 2016 entered into a tie-up. According to the tie-up the projects of those 500 real estate builders whose projects are approved and rated by State Bank of India, will be available for buyer on the portal of magicbricks.com. The buyers using the portal to buy theseproperties will get SBIs end-to-end online home loan-approval solutions. The good part of the deal is that buyers can be confident about the deal as the property has been rated by SBI and also buyers can avail loan facility easily.
♦ State Bank of India is a government-owned Indian multinational, public sector banking and financial services company.
♦ Chairperson: Arundhati Bhattacharya
♦ Headquarters: Mumbai, Maharashtra
♦ Founded: July 1, 1955