SBI Home Loan Calculator – EMI Eligibility online 2020
Use SBI Home Loan EMI Calculator to calculate your monthly/yearly EMIs based on SBI home loan rates, tenure, processing fees to apply online at Deal4loans. (सबीआई / एसबीआई होम लोन ईएमआई कैलकुलेटर). Here’s the EMI calculation for Per Lakh loan amount for 30 years. .05% difference in Rates for Men & women. we think per lakh emi calculation gives you better idea on how much you have to pay for your sbi home loan amount.
Latest Update as on 01 April 2020: State Bank of India cuts interest rates by .75% on home loans. New Rates starts from 7.15%. No EMI’s for 3 Months as per RBI. Your CIBIL Score will also not be impacted by this EMI waiver on your Personal / home/car loans. so your credit report will not take hit also but if you don’t pay interest will increase.
| Loan Amount | EMI for Women | EMI for Others |
| Loan amount below 30 lakh | ₹ 675/- @ 7.15% | ₹ 679/- @ 7.20% |
| Loan Amount 30 – 75 Lakh | ₹ 692/- @ 7.40% | ₹ 696/- @ 7.45% |
| Loan Amount above 75 Lakh | ₹ 699/- @ 7.50% | ₹ 703/- @ 7.55% |
Home Loan applications received for rupees ₹ 419,027 crores till 09 April 2020
SBI Home Loan EMI Calculator
SBI home loan calculator helps you to know how much emi per month you have to pay for the loan amount which you take from the bank for the respective period of time. so if you take a loan amount of 10 lakh from state bank of India for 20 years at 7.20% rate of interest than your calculations are as follows:
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SBI Home Loan Per Lakh EMI Calculation on Yearly Basis
| Interest Rates | Loan Tenure | Lowest EMI Per Lakh |
| 7.15% – 7.55% | 30 Years | Rs.675 – Rs.703 |
| 7.15% – 7.55% | 25 Years | Rs.716 – Rs.742 |
| 7.15% – 7.55% | 20 Years | Rs.784 – Rs.809 |
| 7.15% – 7.55% | 15 Years | Rs.907 – Rs.930 |
| 7.15% – 7.55% | 10 Years | Rs.1169 – Rs.1190 |
| 7.15% – 7.55% | 5 Years | Rs.1987 – Rs.2006 |
SBI Home Loan Eligibility Calculator
you should check eligibility of your home loan on the basis of your monthly income & liabilities.
- Minimum age: 18 years as on the date of sanction
- Maximum age: 70 years. i.e. the age by which the loan should be fully repaid, subject to availability of sufficient, regular and continuous source of income for servicing the loan repayment.
Click Here to Check your Eligibility for SBI Home Loan
Here’s the few Example of Home Loan Eligibility for SBI as per your current Income per month.
|
Income Per Month |
For 15 Years |
For 20 Years |
For 30 Years |
| 12000 | 5 Lakh | 6 Lakh | 7 Lakh |
| 15000 | 7 Lakh | 8 Lakh | 9 Lakh |
| 18000 | 8 Lakh | 10 Lakh | 11 Lakh |
| 20000 | 10 Lakh | 13 Lakh | 12 Lakh |
| 25000 | 12 Lakh | 15 Lakh | 14 Lakh |
| 30000 | 15 Lakh | 18 Lakh | 20 Lakh |
| 35000 | 17 Lakh | 21 Lakh | 24 Lakh |
| 40000 | 20 Lakh | 24.50 Lakh | 28 Lakh |
| 50000 | 25 Lakh | 30 Lakh | 34 Lakh |
Here’s the default emi calculation – you can check emi per loan amount @ 7.20% rate of interest for 20 years.
Note – 7.20% Rate of interest is charged for Men / Others borrowers for the loan amount of upto 30 lakhs by State Bank of India.
| Loan Amount | EMI for 20 years |
| 11 lakh | Rs. 8661 |
| 12 lakh | Rs. 9,448 |
| 13 lakh | Rs. 10,236 |
| 14 lakh | Rs. 11,023 |
| 15 lakh | Rs. 11,810 |
| 16 lakh | Rs. 12,598 |
| 17 lakh | Rs. 13,385 |
| 18 lakh | Rs. 14,172 |
| 19 lakh | Rs. 14,960 |
| 20 lakh | Rs. 15,747 |
| 21 lakh | Rs. 16,534 |
| 22 lakh | Rs. 17,322 |
| 23 lakh | Rs. 18,109 |
| 24 lakh | Rs. 18,896 |
| 25 lakh | Rs. 19,684 |
| 28 lakh | Rs. 22,046 |
| 30 lakh | Rs. 23,620 |
| 32 lakh | Rs. 25,195 |
| 34 lakh | Rs. 26,770 |
| 35 lakh | Rs. 27,557 |
| 40 lakh | Rs. 31,494 |
| 42 lakh | Rs. 33,069 |
| 45 lakh | Rs. 35,431 |
State Bank of India (SBI), the world’s largest bank, has many home loan schemes tailored to the needs of customers including SBI Maxgain, SBI Realty, SBI NRI home Loan, Pre Approved, Home Equity and others.
Other Calculators of State Bank of India
SBI Personal Loan EMI Calculator / SBI Car Loan EMI Calculator / SBI FD Interest Rates Calculator / SBI Gold Loan EMI Calculator / SBI Education Loan EMI Calculator / SBI Property Loan EMI Calculator / एसबीआई होम लोन