SBI Home Loan | Interest Rate
@ 8.50%*
SBI Home Loan offers affordable and flexible financing solutions for homebuyers. With competitive interest rates, easy eligibility criteria, and quick processing, SBI makes your dream home a reality.
SBI Home Loan Details | Interest Rate @ 8.50%
SBI Home Loan offers affordable and flexible financing solutions for homebuyers. With competitive interest rates, easy eligibility criteria, and quick processing, SBI makes your dream home a reality.
State Bank of India (SBI), one of the country's largest banks, banking and financial services including home loans. SBI house loans come with competitive interest rates, flexible repayment options, and easy-to-meet eligibility criteria, ensuring that you find the right financial support to purchase your dream home.
With rates starting from just 8.50% p.a. and a hassle-free online application process, applying for an SBI home loan is a smooth and transparent experience. Let us dive into the details and explore what SBI Home Loans have to offer.
SBI House Loan Details
Following are some of the most important reasons why you should choose a home loan for SBI:
| Loan Amount | Up to 90% of property value |
|---|---|
| Purpose | Home purchase/construction/takeover |
| Interest Rate | 8.50% – 9.85% p.a. |
| Loan Tenure | Up to 30 years |
| Processing Charges | 0.35% of loan amount (₹2,000 – ₹10,000) |
| Prepayment Charges | Zero |
SBI House Loan Interest Rates
Here is a list of all the SBI home loan interest rates for different home loan schemes:
- Tribal Plus Home Loan: 8.60% to 9.55% p.a.
- Home Loan Maxgain (OD): 8.70% to 9.85% p.a.
- YONO Insta Home Top-Up Loan: 9.35% p.a.
- Home Loan (TL): 8.50% to 9.65% p.a.
- Top-Up (OD) Loan: 9.00% to 9.95% p.a.
- Top-Up Loan: 8.80% to 11.30% p.a.
- P-LAP Loan: 10.00% to 11.30% p.a.
- Reverse Mortgage Loan: 11.55% p.a.
Home Loan Schemes
SBI Flexipay Home Loan
Flexible payment options for salaried borrowers with moderated EMIs.
SBI Regular Home Loan
Competitive rates for individuals aged 18-70 with special rates for women.
SBI Tribal Plus
Special home loans for individuals in tribal or hilly areas.
SBI Pre-Approved Loan
Get loan sanctioned before property selection for better negotiation.
State Bank of India Tribal Plus
These home loans are designed for individuals residing in tribal or hilly areas. The Tribal Plus SBI home loan interest rate starts at 9.25% p.a., while the repayment tenure is up to 15 years.
SBI Pre-Approved Home Loan
This home loan is sanctioned before property selection, providing more negotiating power with sellers or builders.
SBI House Loan for Non-salaried
It’s a special scheme for non-salaried individuals that offers loans for new homes, construction, repairs, or renovations, with amounts ranging from ₹50,000 to ₹50 crores.
SBI Realty Home Loan
It provides loans for purchasing land to build a home, with loan limits of up to ₹15 crore and repayment terms of up to 10 years.
SBI Earnest Money Deposit (EMD) Home Loan
This home loan is aimed at individuals purchasing residential plots or built-up houses from Urban Development Authorities. It offers short-term financial support for property purchases.
SBI CRE Home Loan
It’s a facility that allows customers with existing home loans to apply for up to three home loans at once, with benefits like lower interest rates for women and no prepayment charges.