SBI Home Loans come to you on the solid foundation of trust and transparency built in the tradition of State Bank of India. SBI provides a Two Home Loan With Different benefits and Schemes.SBI Home loan portfolio is stood at Rs.1,24,772 cr which is 58% of the total retail loans of SBI as on june 2013.
For Checking interest rates on SBI Home Loan Click Home Loan Interest Rate.
State Bank of India may cut Interest rates for New Borrowers by 15-25 bps ( 10.15% on loans up to Rs 75 lakh and 10.30% on loan amounts higher than that. Women borrowers will get a further 5 bps off). But New Rates are not updated on State Bank of India Official Website.
• Purchase/ Construction of House/ Flat
• Purchase of a plot of land for construction of House
• Extension/ repair/ renovation/ alteration of an existing House/ Flat
• Purchase of Furnishings and Consumer Durables as a part of the project cost.
• Takeover of an existing loan from other Banks/ Housing Finance Companies
Availability of sufficient, regular and continuous source of income for servicing the loan repayment.Loan Amount
|Net Annual Income||EMI/NMI Ratio|
|Upto Rs.2 lacs||40%|
|Above Rs.2 lac to Rs. 5 lac||50%|
|Above Rs. 5 lacs||55%|
Registered Office-State Bank of India
State Bank Bhavan Central Office 8th Floor,
Madame Cama Marg, Nariman Point,
Mumbai - 400021
Maharashtra - India
Disclaimer : Please note that the interest rates and eligibility criteria given here are based on the market research. To enable the comparisons certain set of data has been reorganized / restructured / tabulated .Users are advised to recheck the same with the individual companies / organizations. This site does not take any responsibility for any sudden / uninformed changes in interest rates.
Compare Home Loan Rate of interest