SBI Home Loan Interest Rate
State bank of india is the largest bank in India in terms of assets and liabilities. SBI has largest network of branches present all over India. SBI offers home loans to its customers and non customers at attractive rate of interests compared with other banks. in this article, we would look into rate of interest offered for SBI home Loan for your reference.
SBI Home Loan Interest rate card for structure (Floating)
Table of Contents
- For Home Loan amount up to Rs 30 lakhs Effective rate would be in between 6.80% to 7.10%
- For SBI Home Loan amount greater than 40 Lakhs, Effective rate would be 7.05% to 7.40%
- For Loan amount greater than 75 Lakhs, effective rate of interest would be 7.15% to 7.50%
These home loan interest rates are for salaried individuals, for non salaried individuals a premium of 15 bps would be charged over and above this.
SBI Home Loan Interest rate card for other scheme
- For tribal plus home loan, an additional premium of 10 bps would be charged over and above these rates
- For CRE Home Loans, premium of 15 bps would be charged
SBI Home Loan Interest rate card for other Realty loans
- For Loan amount up to Rs 30 Lakhs, effective base rate of 7.50%
- For loan amount between 30 to 75 lakhs, effective base rate of 7.60% would be charged by SBI
- For Home loan amount greater than 75 Lakhs, rate of interest would be 7.70%
SBI Home Loan Interest rate card for Top up loans
- 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
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 | – |
Various SBI Home Loan schemes
- SBI regular Home Loan
- SBI balance transfer home loan
- SBI flexipay Home Loan
- SBI Privilege Home Loan
- SBI Shaurya Home Loan
- SBI Pre approved Home Loan
- SBI Realty Home Loan
- SBI Home Top up Loan
- SBI Young Insta Home Top up loan
- SBI Corporate Home Debt
- SBI Non salaried offering
- SBI Reverse Mortgage
- SBI LAP
In this post, we have looked into rate of interest offered by various SBI Home Loan schemes. if you are interested in details of various SBI Loan schemes such as documents required, eligibility, tenure etc, then you can visit our post here.
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