(Also Read: State Bank Of India Falls 1% On Kanishk Gold's Rs. 842-Crore Fraud)
Browse from our range of Home Loan products or calculate the savings of switching your existing Home Loan to SBI. Apply online before 31st March and get a 100% waiver on processing fees. Visit https://t.co/nLCuFySKUd today pic.twitter.com/HZNFHciHPb
— State Bank of India (@TheOfficialSBI) March 21, 2018
"SBI Home Loans is the largest Mortgage Lender in India, which has helped over 30 lakh families to achieve the dream of owning a home," said SBI on its website, homeloans.sbi.
(Also Read: 10 Points On SBI Public Provident Fund (PPF) Scheme)
In order to avail a regular home loan from SBI, here is what you need to know:
Comments
Interest Rates on SBI 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 | 8.35**% p.a | 8.50-8.55% p.a | 8.60-8.65% p.a | 8.40**% p.a | 8.60-8.65% p.a | 8.65-8.70% p.a |
| Others | 8.40**% p.a | 8.55-8.60% p.a | 8.65-8.70% p.a | 8.45**% p.a | 8.65-8.70% p.a | 8.75-8.80% p.a |
| Non-Salaried | ||||||
| Women | 8.45**% p.a | 8.65-8.70% p.a | 8.70-8.75% p.a | 8.50**% p.a | 8.75-8.80% p.a | 8.80-8.85% p.a |
| Others | 8.50**% p.a | 8.70-8.75% p.a | 8.75-8.80% p.a | 8.55**% p.a | 8.80-8.85% p.a | 8.85-8.90% p.a |
(Also Read: Cheque Books Of These Banks Valid Only Till March 31, 2018)
Eligibility:
You must be an Indian resident.
The minimum age of a loan applicant should be 18 years while the maximum should be 70 years.
Under regular home loans, an applicant can get loan tenure of up to 30 years.
