SBI Privilege Home loan scheme available for Govt Employees at lowest interest rates & high repayment period. This scheme is basically for beneficiaries of the seventh pay commission recommendations.
Eligible Applicants are Employees of Central / State Governments including PSBs, PSUs of Central Government, and other individual(s) with pensionable service.
Home Loan applications received for rupees ₹ 419,027 crores till 03 December 2020
Features of SBI Privilege Home Loan Scheme:
EMI’s table, Interest outgo on a home loan amount of Rs 10,00,000 as per the schemes
|Loan Amount||Repayment Period
||Interest Rate||EMI per month
||Total Interest Paid
||Total Payout (EMI+Interest)|
|Rs. 10 lakh||10 years||9.25-9.30%||Rs.12803-12830||Rs.536392-539661||Rs.1536392-1539661|
|Rs. 10 lakh||15 years||9.25-9.30%||Rs.10291-10321||Rs.852545-857942||Rs.1852545-1857942|
|Rs. 10 lakh||20 years||9.25-9.30%||Rs.9158-9191||Rs.1198080-1205864||Rs.2198080-2205864|
|Rs. 10 lakh||25 years||9.25-9.30%||Rs.8563-8598||Rs.1569146-1579505||Rs.2569146-2579505|
|Rs. 10 lakh||30 years||9.25-9.30%||Rs.8226-8263||Rs.1961630-1974683||Rs.2961630-2974683|