SBI Home Loan
SBI is the largest Mortgage Lender in India, which has helped over 30 lakh families to achieve the dream of owning a home. SBI is taking continuous effort to make affordable housing conveniently accessible to customers with dreams of owning their desired home. The bank offers home loan customized as per the requirement of individuals with home loans such as Regular Home Loan, SBI Privilege Home Loan for government employees, SBI Shaurya Home Loan for army and defense personnel, SBI MaxGain Home Loan, SBI Smart Home, Top-up Loan for existing customers, SBI NRI Home Loan, SBI FlexiPay Home Loan for loan of higher amount and SBI HerGhar Home Loan for women.
Features and benefits
SBI Home Loan Business size - Rs. 5.05 lakh crore
SBI Home Loan Market Share – 34.77%
Home Loan tenure – 3-30 years
Interest rate – SBI offers credit score linked home loans at just 6.70%, irrespective of the loan amount
SBI Home Loan calculator – This basic calculator will help you to calculate the EMI, monthly interest and monthly reducing balance on the basis of principal amount, loan tenure and interest rate. Customers can put in the desired home loan amount, number of years and interest rate (6.70%) to get their EMI figure.
https://homeloans.sbi/calculators
Illustration of EMI calculation for Home loan of Rs. 50 lakh for 20 years at 6.70% (For representation purpose only)
Apply online – Customers can click on the link below to apply for the home loan, fill in the required details, check eligibility and get the loan quotation:
https://onlineapply.sbi.co.in/personal-banking/home-loan?se=SBI-Microsite&cp=Homeloan&Ag=SBI-Microsite
Avail home loan using YONO SBI at the comfort of your homes:
Documents required for availing the loan
Property Papers:
Account Statement:
Income Proof for Salaried Applicant/ Co-applicant/ Guarantor:
Income Proof for Non-Salaried Applicant/ Co-applicant/ Guarantor:
SBI offers multiple home loan products
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