SBI Home Loan
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SBI Home Loan
SBI Home Loans are available to you at an interest rate as low as 6.95% and comes with a host of benefits such a no prepayment charges, low processing fee and a flexible tenure. You can take a home loan with SBI to purchase, construct, extend or renovate a house.
SBI Home Loan Summary
Note : The above rates are subject to change at the discretion of the banks or on the basis of RBI directives.
They offer interest concession of 0.05% to women and you can avail of a top-up loan as overdraft.
SBI Home Loan Eligibility Criteria
SBI Home Loan eligibility depends on the scheme you opt for each has unique set of criteria and it’s important that you meet that in order for your loan to be accepted.
General eligibility criteria for SBI Home Loans:
Wonder how much loan you’re eligible for?
Find out now with Fincity Loan Eligibility Calculator.
SBI Home Loan Interest Rate on Various Schemes (2020)
Here is a list of popular SBI Schemes and their respective interest rates for salaried and self-employed individuals.
SBI Home Loan Schemes
Interest Rates for Salaried
Interest Rates for Self Employed
Note : The above rates are subject to change at the discretion of the banks or on the basis of RBI directives.
SBI Home Loan EMI Calculator
The EMI amount differs based on the SBI Home Loan chosen, the amount borrowed and the tenure opted for. Try the Fincity Home Loan EMI calculator to know your exact monthly EMI.
Following are document that SBI requires when you apply for a Home Loan:
SBI Home Loan Documents
Income documents:
For non-salaried primary or co-applicants and guarantors:
Property documents:
Note : Required documents must be self-attested and may slightly differ.
SBI Home Loan Schemes
Other Popular SBI Housing Loan Schemes
Taking a Home Loan just got simpler!
Compare rates and crack the best Home Loan deal on Fincity and seek free expert advice at hl@fincity.com along the way.