SBI loan against property Vadodara Interest Rates 2024

SBI loan against property in Vadodara with lowest Interest Rates from State Bank of India. Check out full details on interest rates, Documents, Eligibility and Process of Property Loan or Mortgage Loan in Vadodara.

Property Loan Scheme by State Bank of India in Vadodara

Avail of an All-Purpose loan against property of any of your property. SBI offer you these loans at all Personal Banking Branches and those branches having Personal Banking Divisions among others.

SBI loan against property Vadodara details

Interest rates 9.75% – 11.30%
Processing fees 1.00% of the Loan amount ; Max Rs 50933
Prepayment charges Nil
Repayment options Upto 10 years
Maximum loan amount Rs.1 Crore
Loan Margin 60%
Min. Income Rs.12000 per month

Eligibility for SBI Loan Against Property in Vadodara

You are eligible if you are:
An individual who is;

  • An Employee or
  • A Professional, self-employed or an income tax assesse or
  • Engaged in agricultural and allied activities.

B. Your Net Monthly Income (salaried) is in excess of Rs.12,000/- or Net Annual Income (others) is in excess of Rs.1,50,000/-.

The income of the spouse may be added if he/she is a co-borrower or a guarantor.

C. Maximum age limit: 60 years.

Enjoy the SBI Advantage

• Interest rates are levied on a monthly/daily reducing balance method
• Lowest processing charges.
• Long repayment period of 60 months, upto 120 months for salaried individuals with check-off facility
• No Hidden costs or administrative charges.
• No prepayment penalties. You can have surplus funds at any time thereby conveniently reducing your loan liability and interest burden.

Loan Amount:
Minimum: Rs.25,000/
Maximum : Rs.1 crore

SBI Bank Loan Branches in Vadodara

Other available products of SBI

    SBI Property Loan
    SBI Loan Against Property