SBI Home Loan

SBI Home Loan Interest Rates

SBI Home Loan Floating Interest Rate

All Rate are floating only
Base Rate = 9.75% p.a.

Loan Amount


Effective Rate of Interest

Less than or equal to Rs. 30 Lakhs

Base Rate + 0.25%

10.00% p.a.

Greater than Rs. 30 Lakhs and less than or equal to Rs. 75 Lakhs

Base Rate + 0.40%

10.15% p.a.

Greater than 75 Lakhs

Base Rate + 0.40%

10.15% p.a.

No fixed rate option in any limit bracket.


Minimum age: 18 years as on the date of sanction.

Maximum age: 18 years as on the date of sanction.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.

Loan Amount:

Actual loan amount will be determined taking into consideration such factors as applicant's income and repaying capacity, age, assets and liabilities, cost of the proposed house/flat etc. To enhance loan eligibility you have option to add:

  • Income of your spouse/ your son/ daughter living with you, provided they have a steady income and his/ her salary account is maintained with SBI.
  • Expected rent accruals (less taxes, cess, etc.) if the house/ flat being purchased is proposed to be rented out.
  • Depreciation, subject to some conditions.
  • Regular income from all sources.

Margin/ LTV Ratio:

*LTV ratio - Loan to value ratio.

Loan Amount


Maximum LTV Ratio (Max.)

Upto Rs. 20 Lacs



Above Rs. 20 Lacs.



Loan Processing Fee:

Home Loans Processing Fee : It is payable at the time of documentation only.

Loan Amount

Processing Fee

Upto Rs. 25 Lacs

0.25% of loan amount, minimum Rs. 1,000/-

Above Rs. 25 Lacs and upto Rs. 75 Lacs

Rs. 6,500/-

Above Rs. 75 Lacs

Rs. 10,000/-

Actual charges for the following will be payable by the customer in addition to the processing fee:


  • Advocate's fee for property search and the title investigation report.
  • Valuer's fee for valuation report.


  • Stamp duty payable for Loan agreement & mortgage.
  • Property insurance premium.
  • Processing fee recovered.

Pre-closure / Pre-payment Penalty - NIL


Repayment period: 18 years as on the date of sanction.Maximum 30 years (or) Up to the age of 70 years (the age by which the loan should be fully repaid) of the borrower, whichever is early.

Moratorium period (Repayment holiday):

The moratorium period is included within the maximum repayment period.