State Bank of India (SBI) Home Loans

SBI Flexipay Home Loan

8.35% - 8.55%

Fixed/Floating

Processing Fee
0.35

Loan Amount
₹ -
Tenure
1 - 30 Years

Description:

SBI Home Loans

 

SBI Home Loans is the largest home loan provider in India. They have helped over 30 lakh families to achieve the dream of owning a home. SBI has been rewarded as the Winner of the “Best Home Loan Provider “at the CNBZ Awaaz Real Estate Awards 2016.

 

Benefits of SBI Home Loans –

 

 

 

 

 


For home loans and Home Top-Up Loans (both Takeover & New) obtained for the period September 1st, 2017 to 31st December, 2017 there is 0% processing fees provided that the loans are disbursed fully/partially on or before 31st January, 2018. If you are Central/State Government employee, then also there is 0% processing fee.

 


 

Salaried

 

 

Documentation

 

General Documents:

 

Property Papers:

 

Account Statement:

 

Income Proof for Salaried Applicant/ Co-applicant/ Guarantor:

 


 

Self-Employed

 

 

 

Documentation

 

General Documents:

 

Property Papers:

 

Account Statement:

 

Income Proof for Non-Salaried Applicant/ Co-applicant/ Guarantor:

 


 

SBI Home Loan Products


 

SBI Regular Home Loan –

 

Features

 

Eligibility

 

 

Interest & Charges

 

Category

 
 

Upto Rs. 30 lakhs

Above Rs.30 lakhs & Upto Rs.75 lakhs

Above Rs.75 lakhs

Salaried

Women

 
 

8.30% p.a

8.30-8.35% p.a

8.40-8.45% p.a

 

Others

 
 

8.35% p.a

8.35-8.40% p.a

8.45-8.50% p.a

Non-Salaried

Women

 
 

8.40% p.a

8.45-8.50% p.a

8.50-8.55% p.a

 

Others

 
 

8.45% p.a

8.50-8.55% p.a

8.55-8.60% p.a

 

 

 

Pre-Sanction Fee

 

Post-sanction

  1. You need to pay stamp duty for the Loan agreement & mortgage.

  2. Property insurance premium.

  3. CERSAI Registration Fee of Rs 50 + Service Tax up to Rs 5 Lakh limit and Rs 100 + Service Tax for limits above Rs 5 Lakh.

 

Pre-sanction and post-sanctions fees are to be paid at actuals.

 

Documents

 

List of papers/ documents applicable to all applicants:

 

Property Papers:

 

Account Statement:

 

Income Proof for Salaried Applicant/ Co-applicant/ Guarantor:

 

Income Proof for Non-Salaried Applicant/ Co-applicant/ Guarantor:

 


 

SBI Balance Transfer of Home Loan – SBI offers Balance Transfer of home loan that enables a customer to transfer home loan from Scheduled Commercial Banks (SCBs), Private and Foreign Banks, Housing Finance Companies (HFCs) registered with National Housing Bank (NHB) and Borrower’s employers if they are Central/State Govt or their undertakings or Public Sector Undertaking subject to condition that the borrower should satisfy the eligibility criteria for availing Home Loan as per the Bank's instruction and has serviced interest and/or instalment of the existing loan regularly, as per the original terms of sanction. As a borrower, you should have all the valid documents showing the title to the house/flat.

 

Features



 

Eligibility

 

Category

 
 

Upto Rs. 30 lakhs

Above Rs.30 lakhs & Upto Rs.75 lakhs

Above Rs.75 lakhs

Salaried

Women

 
 

8.30% p.a

8.30-8.35% p.a

8.40-8.45% p.a

 

Others

 
 

8.35% p.a

8.35-8.40% p.a

8.45-8.50% p.a

 

Non-Salaried

Women

 
 

8.40% p.a

8.45-8.50% p.a

8.50-8.55% p.a

 

Others

 
 

8.45% p.a

8.50-8.55% p.a

8.55-8.60% p.a


 

Processing Fee

 

There is a processing fee of 0.35% of the loan amount with minimum fee amount of Rs. 2,000 and the maximum fee amount is Rs. 10,000.

 

Pre-sanction

    1. The loan involves advocate's fee for conducting property search and title investigation report.

    2. There is a valuer's fee you need to pay for the valuation report.

 

Post-sanction

    1. For the loan agreement & mortgage, your need to pay stamp duty.

    2. Property insurance premium.

    3. CERSAI Registration Fee of Rs 50 + Service Tax up to Rs 5 Lakh limit and Rs 100 + Service Tax for limits above Rs 5 Lakh.

 

Pre-sanction and post-sanctions fees are to be paid at actuals.

 

Documents

List of papers/ documents applicable to all applicants:

 

Property Papers:

 

Account Statement:

 

Income Proof for Salaried Applicant/ Co-applicant/ Guarantor:

 

Income Proof for Non-Salaried Applicant/ Co-applicant/ Guarantor:

 


 

SBI NRI Home Loan – SBI NRI Home Loan allow NRIs (Non Resident Indians) to purchase a new house, renovate or extend an old house, or purchase a property. Financially, it makes sense to purchase a property through home loan rather than through personal financing especially when you can invest your personal funds somewhere else for better returns.

 

Features

 

Eligibility

 

Interest Rates & Charges

 

Category

 
 

Above Rs. 3 lakhs & Upto Rs. 30 lakhs

Above Rs.30 lakhs & Upto Rs.75 lakhs

Above Rs.75 lakhs

Salaried

Women

 
 

8.30% p.a

8.30-8.35% p.a

8.40-8.45% p.a

 

Others

 
 

8.35% p.a

8.35-8.40% p.a

8.45-8.50% p.a

 

Non-Salaried

Women

 
 

8.40% p.a

8.45-8.50% p.a

8.50-8.55% p.a

 

Others

 
 

8.45% p.a

8.50-8.55% p.a

8.55-8.60% p.a

 

 

Processing Fee

 

There is a processing fee of 0.35% of the loan amount with minimum fee amount of Rs. 2,000 and the maximum fee amount is Rs. 10,000.

 

 

Pre-sanction

 

 

 

Post-sanction

    1. For the loan agreement & mortgage, you need to pay stamp duty.

    2. Property insurance premium.

    3. CERSAI Registration Fee of Rs 50 + Service Tax up to Rs 5 Lakh limit and Rs 100 + Service Tax for limits above Rs 5 Lakh.

 

Pre-sanction and post-sanctions fees are to be paid at actuals.

 

Documents

List of papers/ documents applicable to all applicants:

 

Property Papers:

 

Account Statement:

 

Income Proof for Salaried Applicant/ Co-applicant/ Guarantor:

 

Income Proof for Non-Salaried Applicant/ Co-applicant/ Guarantor:

 


 

SBI Flexipay Home Loan – This SBI loan is exclusively for the salaried borrowers. As per this loan, you have an eligibility to acquire higher loan amount. You have the flexibility to pay only your interest during the moratorium and afterwards pay moderated EMIs. For all the young earners, this is a great product to go for.


 

Features


 

Eligibility


 

Interest & Charges

 

Category

Salaried

Home Loan(Term Loan)*

Above Rs. 20 lakhs & Upto Rs. 30 lakhs

Above Rs. 30 lakhs & Upto Rs. 75 lakhs

Above Rs. 75 lakhs

Women

 

8.30% p.a.

8.30-8.35% p.a.

8.40-8.45% p.a.

Others

 

8.35% p.a.

8.35-8.40% p.a.

8.45-8.50% p.a.

 

Processing Fee

 

There is a processing fee of 0.35% of the loan amount with minimum fee amount of Rs. 2,000 and the maximum fee amount is Rs. 10,000.

 

Pre-sanction

 

 



 

Post-sanction

 

 

Documents

 

List of papers/ documents applicable to all applicants:

 

Property Papers:

 

Account Statement:

 

Income Proof for Salaried Applicant/ Co-applicant/ Guarantor:

 

Income Proof for Non-Salaried Co-applicant/ Guarantor:

 

 


 

SBI Privilege Home Loan –This is an exclusive scheme for the employees of Central or State Government including Public Sector Undertaking, Public Sector Banks and other individuals with pensionable service. The loan amount will be decided on various elements such as – your income, age, repaying capacity, cost of house/flat, liabilities, etc.

 

Features

 

Eligibility

 

 

Interest & Charges

 

Category

 

Home Loan (Term Loan)*

Above Rs.10 lakhs & Upto Rs.30 lakhs

Above Rs.30 lakhs & Rs.75 Upto lakhs

Above Rs.75 lakhs & Upto Rs.50 crores

With Check Off

Women

 
 

8.30% p.a

8.30-8.35% p.a

8.40-8.45% p.a

Others

 
 

8.30% p.a

8.30-8.35% p.a

8.40-8.45% p.a

Without Check Off

Women

 
 

8.30% p.a

8.30-8.35% p.a

8.40-8.45% p.a

Others

 
 

8.35% p.a

8.35-8.40% p.a

8.45-8.50% p.a

 

Processing Fee

 

Pre-sanction

 

 

 

Post-sanction

    1. Stamp duty payable for Loan agreement & mortgage.

    2. Property insurance premium.

    3. CERSAI Registration Fee of Rs 50 + Service Tax up to Rs 5 Lakh limit and Rs 100 + Service Tax for limits above Rs 5 Lakh.

 

Documents

 

List of papers/ documents applicable to all applicants:

 

Property Papers:

 

Account Statement:

 

Income Proof for Salaried Applicant/ Co-applicant/ Guarantor:

 

Income Proof for Non-Salaried Co-applicant/ Guarantor:

 


SBI Shaurya Home Loan – This home loan scheme by SBI is designed mainly for the defense personnel belonging to Air Force, Army, and Navy. The loan comes with exclusive benefits when compared to various other home loan offers out there such as low interest rates, longer repayment tenure, and flexible repayment options.

 

Features


 

Eligibility

 

Interest & Charges

 

Category

 

Home Loan (Term Loan)*

Above Rs.10 lakhs & Upto Rs.30 lakhs

Above Rs.30 lakhs & Rs.75 Upto lakhs

Above Rs.75 lakhs & Upto Rs.50 crores

With Check Off

Women

 
 

8.30% p.a

8.30-8.35% p.a

8.40-8.45% p.a

Others

 
 

8.30% p.a

8.30-8.35% p.a

8.40-8.45% p.a

Without Check Off

Women

 
 

8.30% p.a

8.30-8.35% p.a

8.40-8.45% p.a

Others

 
 

8.35% p.a

8.35-8.40% p.a

8.45-8.50% p.a

 

Processing Fee -

 

Processing fee is not applicable for this scheme.

 

Pre-sanction -

 



 

Post-sanction –

 

 

Documents

 

List of papers/ documents applicable to the applicants:

 

Property Papers:

 

 

 

Account Statement:

 

 

Income Proof for Salaried Applicant/ Co-applicant/ Guarantor:

 

 

 

Income Proof for Non-Salaried Co-applicant/ Guarantor:

 

 

reviews
Great
Aman Kaur
Tue Oct 03 2017 11:47:22 GMT+0000 (UTC) a year ago

Quick Processing. No Processing Fee.