Current SBI Home Loan interest Rate 2022

by Bizopedia · Published May 8, 2022 · Updated November 2, 2022

Current SBI Home Loan interest Rate 2022

SBI is the largest bank in India in terms of deposit as well as advances. SBI offers Home Loans at attractive and lowest rate of interest compared to its peers such as HDFC Bank, PNB, Kotak Mahindra Bank etc. SBI has recently hiked its rate of interest post rate hike by Reserve Bank of india. In this post, we would look into detail of various current SBI Home Loan interest rates in 2022-

For Loan amount upto 30 Lakhs, 30 to 75 Lakhs and above 75 Lakhs rate of interest would be 6.8%, 7.05%, and 7.15% for term loans applicable to salaried class respectively
For Loan amount upto 30 Lakhs, 30 to 75 Lakhs and above 75 Lakhs rate of interest would be 7.15%, 7.40%, and 7.50% for SBI MaxGain loans applicable to salaried class respectively
For Tribal plus scheme, additional 10 bps would be charged over final home loan interest
For CRE Home Loan from SBI, an additional 50 bps would be charged over final home loan interest rate
For SBI realty loans amount upto 30 Lakhs, 30 to 75 Lakhs and above 75 Lakhs rate of interest would be 7.5%, 7.60%, and 7.70% for term loans applicable to salaried class respectively
Rate of interest varies from 7.50% to 9.55% for loan amount varying from Rs 20 lakhs to Rs 5 Crores
For insta top up home loan, rate of interest that is 155 bps over and above standard rate would be charged
For Insta Home Top Loan from SBI effective rate of interest would be 155 bps over and above EBR of 6.65%
For salaried individuals, smart home top up loan can be priced at 8.05% and 8.55% for term loan and overdraft respectively
For non salaried individuals, smart home top up loan can be priced at 8.55% and 9.05% for term loan and overdraft respectively
For salaried individuals, Personal Loan against property can be priced at 8.80% and 9.30% respectively
For salaried individuals, Personal Loan against property can be priced at 8.80% and 9.30% respectively
Reverse Mortgage loans are priced at 9.05% for general public
Reverse Mortgage Loans are priced at 8.05% for SBI pensioners

For complete rate card on recent SBI Home Loan interest rate for 2022 you can visit following link

Axis Bank

SBI Home Loan interest rates 2022

SBI Home Loan Schemes	Interest Rate for Salaried	Interest Rate for Self-Employed
SBI Home Loans (Term Loan)	6.65% to 7.15% p.a.	6.70% – 7.50% p.a.
SBI MaxGain (Floating Interest Card Rate)	7.05% to 7.55% p.a	7.45% p.a.
SBI Insta Home Top Up Loan	7.25% p.a.	8.20% p.a.
SBI Home Top Up Loan (Term Loan)	7.05% to 7.65% p.a	7.65% p.a. onwards
SBI Home Top Up Loan (Overdraft)	7.35% to 7.95% p.a.	8.55% p.a. onwards
SBI Smart Home Top-Up Loan (Term Loan)	7.25% p.a.	8.55% p.a. onwards
SBI Smart Home Top-Up Loan (Overdraft)	7.65% p.a.	9.05% p.a.
SBI CRE Home Loan	6.85% to 7.05% p.a	–
SBI Tribal Plus/CRGFT	6.85% to 7.05% p.a	–
SBI Reverse Mortgage Loan	9.05% p.a	–
SBI Realty	7.65% p.a. onwards	–
SBI Earnest Money Deposit	10.45% p.a	–

In this post, we have discussed SBI Home Loan interest rates in 2022. SBI has recently increase its rate of interest on Home Loan post increase of repo rate by RBI You can read our other articles on SBI Home Loan from below-

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