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SBI Home Loan

Compare Home loan Rates & Eligibility
Bank A - Fixed rate for 2 years* Bank B - Fixed rate for 10 years.* Bank C - Last 12 month Emi waived off* Check your Free customized Offers from 10 other Banks
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Most Preferred Home Loan provider SBI Bank offers a Home Loan with Attractive Interest Rates with Latest Schemes and Benefits. SBI also provides a Housing loan with different schemes -
SBI Easy Home Loan | SBI Advantage Home Loan | SBI Home Plus | SBI MY HOME CAMPAIGN | SBI Housing Finance Scheme

Budget Bonanza for Home loan customers 2013 - Additional one lac deduction of interest allowed for home loans upto 25 lacs.

Features & Benefits of SBI Home Loan
• Purchase/ Construction of House/ Flat.
• Purchase of a plot of land for construction of House.
• Lowest Home Loan Interest Rates.
• Extension/ repair/ renovation/ alteration of an existing House/ Flat.
• Takeover of an existing loan from other Banks/ Housing Finance Companies.
• Interest charged on the daily reducing balance
• No penalty on prepayments of home loan
• No hidden costs
• Option to club income of your spouse and children to compute eligible loan amount

Current Floating Home Loan Interest Rates of SBI

Bank Name	Up to 30 Lacs	From 30 lacs to 75 Lacs	Above 75 lacs
SBI	9.95% p.a.	10.10% p.a.	10.10% p.a.

Eligibility Criteria & Documentation required for SBI Home Loan

	Salaried	Self employed
Age	21years to 60years	21years to 70years
Income	Rs.1,20,000 (p.a.)	Rs.2,00,000 (p.a.)
Loan Amount Offered	5,00,000 - 1,00,00000	5,00,000 - 2,00,00000
Tenure	5years-20years	5years-20years
Current Experience	2years	3years
Documentation	1) Application form with photograph 2) Identity & residence proof 3) Last 3 months salary slip 4) Form 16 5) Last 6 months bank salaried credit statements 6) Processing fee cheque	1) Application form with photograph 2) Identity & residence proof 3) Education qualifications certificate & proof of business existence 4) Business profile, 5) Last 3 years profit/loss & balance sheet 6) Last 6 months bank statements 7) Processing fee cheque

Other Products from SBI (State bank of India)

1. SBI Personal Loan
2. SBI Car Loan
3. SBI Housing Loan
4. SBI Card

Source: State Bank of India website.

Information on deposits & Loan Schemes and services also available. Call 1800112211
(Tollfree from BSNL/MTNL)

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.