SBI Bank Home Loan
SBI Bank Home Loan
SBI Bank Home Loan
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SBI Bank Home Loan EMI Calculator
Your Monthly EMI
₹ 77,530
Total Principal
₹ 1,00,00,000
Total Interest
₹ 86,07,174
Total Payable
₹ 1,86,07,174
SBI Bank Home Loan Key Highlights
Loan Amount Up to 90% of the cost of property
Rate of Interest 7.50% p.a. onwards
RPLR: 14.85%
Processing Fee 0.35%
Maximum Tenure for Repayment 30 years
Penal Rate of Interest 2% per annum for loans above Rs. 25,000
Rate Packages Floating
Charges for Prepayment/Foreclosure Nil
SBI Bank Home Loan Interest Rates in 2026
| Loan Slab | Interest Rate for Home Loan |
|---|---|
| SBI Tribal Plus Home Loan | 9.25% - 9.75% |
| SBI Top-Up Home Loan | 9.55% - 10.45% |
| SBI Realty Home Loan | 9.45% - 10.05% |
| SBI CRE Home Loan | 9.35% - 10.15% |
| SBI P-LAP Home Loan | 10.90% - 11.30% |
| SBI Regular Home Loan | 7.50% |
SBI Bank Home Loan Eligibility Criteria
SBI bank offers multiple types of home loan facilities to resident Indians and NRIs based on their age, nationality, credit score, and income source. You can check the same using the SBI home loan eligibility calculator on BASIC home loan.
For Salaried Individuals
Age Range (in years)
18 - 75 years
Nationality
Indian Resident/ NRIs/ PIOs
Minimum Income Earned
Rs. 25,000 per month
For Self-Employed Individuals
Age Range (in years)
18 - 75 years
Nationality
Indian Resident/ NRIs/ PIOs
Minimum Income Earned
Rs. 25,000 per month
SBI Bank Home Loan Processing Fee and Charges
SBI bank charges a fee to process the customer's home loan application, termed the processing fee. Besides the SBI home loan processing fee, there are other charges subject to charge by the bank for different home loan products.
| Processing Fee | INR 10,000 to 0.35% |
| ECS Dishonour Charges | Rs. 250 |
| Late EMI Payment Charges | 2% per annum for loans above Rs. 25,000 |
| Statutory Charges | As per state-applicable laws |
| Cheque Bounce Charges | Rs. 250 for every bounced payment |
SBI Bank Home Loan Schemes and Top Plans
SBI bank offers a variety of home loan plans to choose from. Evaluate the considering factors like interest rates, processing fees, tenure, and other hidden charges before choosing an SBI bank home loan plan.
Here is the list of the top SBI home loan schemes and plans that are popular among SBI customers:
- Repayment tenure extendable up to 30 years
- Interest rate 0.05% lower for women applicants
- No charges on pre-payments
- Interest rates are 9.15% per annum onwards
- Offered exclusively to Non-Resident Indians to purchase a home in India
- Special discount for women applicants
- Comes with no extra fee or interest rates if compared with a regular SBI home loan
- Interest rates are 9.15% per annum onwards
- Aims to promote the purchase of a plot that can be later on developed into a home
- Flexible option to take a separate SBI bank home loan for the real construction
- Borrowing limit of up to Rs. 15 crore for 10 years repayment tenure period
- Interest rates are 9.45% per annum onwards
- Enables home buyers to negotiate with the builder confidently
- Comes with no hidden charges
- Interest rates are 10.90% per annum onwards
- Exclusively offered for government employees
- Special concessions for women borrowers
- Repayment tenure up to 30 years
- Interest rates are 9.15% per annum onwards
- Exclusively for defence personnel belonging to the army, navy, and air force
- No prepayment penalties
- Repayment tenure up to the age of 75 years
- Interest rates are 9.15% per annum onwards
- Helps borrowers with their initial years of low repayment burden
- Easy eligibility criteria for the young professionals
- Flexible option to set up EMIs in the coming years
- Interest rates are 8.85% per annum onwards
- Offered Especially to people residing in tribal or hilly areas
- Maximum tenure for repayment is 15 years
- No need for a land mortgage, as a third-party guarantor, is permitted
- Interest rates are 9.25% per annum onwards
- Loans offered between Rs. 50,000 – Rs. 50 crore
- Offered to partners, directors of companies, and proprietors
- Designed for individuals who do not earn a fixed monthly salary but have an income
- Interest rates are 8.85% per annum onwards
- Offered to those who already have an existing SBI home loan and want additional funds
- No pre-payment penalty
- Repayment tenure up to 30 years
- Interest rates are 9.55% per annum onwards
* Note: All of the above home loan plans are made available to applicants solely at the discretion of SBI Bank, taking into consideration the earning and repayment capacity of the applicant.
Documents Required for SBI Bank Home Loan
It is mandatory for a home loan applicant to submit a set of specific documents to apply for an SBI home loan. Here is a list of all the required SBI home loan documents that an applicant needs to submit while applying for a home loan from SBI:
| Proof of Income |
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| Other Required Documents |
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| Proof of Income |
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| Other Required Documents |
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| Identity & Address Proof |
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| Documents Related to Property |
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Apply Home Loan Through BASIC Home Loan
Applying for an SBI home loan is a straightforward procedure. SBI home loan application can be done in the following way:
Apply Now on the BASIC Website
Proceed to the 'APPLY NOW' section on the BASIC Home Loan website.
Enter Your Details and Submit
Fill in the form by entering your name, contact number, and other required details, and submit the form.
Our Expert Will Reach Out to You
A BASIC Home Loan team representative will connect with you shortly to assist you through the entire home loan application process.
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