SBI Home Loan for purchase of ready-built and under construction properties

SBI Home Loan for purchase of ready-built and under-construction properties, pre-owned homes, construction and extension of houses and repair/renovation.

Property Papers Required for Home Loan:

  • Permission for construction (where applicable)
  • Registered agreement for sale (only for Maharashtra)/allotment letter/stamped agreement for sale
  • Occupancy certificate (in case of ready to move property)
  • Share certificate (only for Maharashtra), maintenance bill, electricity bill, property tax receipt
  • Approved plan copy (Xerox Blueprint) & registered development agreement of the builder, conveyance seed (for new property)
  • Payment receipts or bank account statements showing all the payments made to builder/seller

Home Loan applications received for rupees ₹ 419,027 crores till 18 December 2018

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Loan Amount
Occupation

Annual Income

City

54,02,013 loan quotes taken till now.
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Interest rate and fees for SBI Pre Owned Home Loans

Category Home Loan (Term Loan)* Home Loan as Overdraft (Maxgain)*
Upto Rs.30 lakhs Above Rs.30 lakhs & Upto Rs.75 lakhs Above Rs.75 lakhs Above Rs.20 lakhs & Upto Rs.30 lakhs Above Rs.30 lakhs & Upto Rs.75 lakhs Above Rs.75 lakhs & Upto Rs.3 crores
Salaried
Women 8.65% p.a 8.80% p.a 8.90% p.a 8.70% p.a 8.90% p.a 9.05% p.a
Others 8.70% p.a 8.85% p.a 8.95% p.a 8.75% p.a 8.95% p.a 9.10% p.a
Non-Salaried
Women 8.80% p.a 8.85% p.a 9.05% p.a 8.80% p.a 9.10% p.a 9.25% p.a
Others 8.85% p.a 9.00% p.a 9.10% p.a 8.95% p.a 9.15% p.a 9.30% p.a

Processing Fee*

Nil till 31- December 2018

Pre-sanction**

  1. Advocate’s fee for property search and title investigation report.
  2. Valuer’s fee for valuation report.

Post-sanction**

  1. Stamp duty payable for loan agreement and mortgage
  2. Property insurance premium
  3. Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI)
  4. Registration Fee of Rs. 50 + GST up to Rs. 5 Lakh limit; and Rs. 100 + GST for limits above Rs. 5 Lakh
    ** To be paid at actuals

Other Available SBI Home Loan Products:

SBI Home Loan calculator
SBI Home Loan Customer Care Number
SBI Home Loan Application Form Download
SBI Shaurya Home Loan