Current Location : Delhi/NCR (Change)
Welcome Guest | Login | Register
SBI Bank
SBI Bank
4 on 5 from 3 ratings

Loan Details

Loan Amount
0 lakhs -
75 lakhs
75 lakhs -
100 lakhs
Effective Interest Rate p.a.
10.15%
10.30%

About the SBI Home Loan

Home Loan Products From SBI

rn

State Bank of India is one of the oldest banks of India.rnThis bank was originally founded in Bengal and named as Bank of Calcutta inrn1806. The Bank is actively involved since 1973 in non-profit activity calledrnCommunity Services Banking. All the branches and administrative officesrnthroughout the country sponsor and participate in large number of welfarernactivities and social causes. Their core business is more than banking because theyrnbelieve they touch the lives of people anywhere in many ways.
rn

rn

SBI YUVA Home Loan

rn

This housing loan is tailor made home loan scheme for the youth. SBI YUVA Home Loanrnprovides 20% higher loan amount than that of normal Home Loan eligibility to salariedrnemployees of Private Companies/MNCs/Government Undertakings/PSUs & thernGovernment employees. 

rn

Eligibility

  • Age between 21 years to 45 years.
  • Minimum Net Monthly Income of applicants shouldrnbe Rs. 30,000/- (expected rental income from the proposed property should notrnbe included in the monthly income of the borrower).   
rn

Repayment

rn

UnderrnSBI Yuva Home Loan Scheme, only the interest applied on Home Loan isrnpayable during the first 36 months. The regular EMIs start after completion ofrn36 months. (Other terms and conditions are as applicable to regular Home LoanrnScheme)

rn

NRI Home Loans:


rn

These home loans arerndesigned for Non Resident Indians (NRIS) & Persons of Indian Originrn(PIOS). These are customized home loans that can be used by a NRI or PIO forrnpurchasing house/plot or for construction purpose. 

rn

Eligibility

  • Non Resident Indians (NRIs) or Persons of IndianrnOrigin (PIOs)
  • The applicants should have a regular source ofrnincome.
  • Minimum employment tenure in India/Abroad shouldrnnot be less than 2 years.
rn

Loan Amount Bracket

rn

MinimumrnLoan Amount: Rs. 3 lacs

MaximumrnLoan Amount: No upper cap.

rn(Other terms and conditions are as applicable to regular Home Loan Scheme) 

rn

SBI Realty


rn

Home Loans forrnpurchase of plot for construction of a dwelling unit

SBI Realty provides an opportunity to the customer to purchase a plot forrnconstruction of house. SBI Realty allows loan seeker to borrow loan forrnpurchasing plot and simultaneously constructing it. Both the types arerndescribed below:

  • Thernconstruction of house should commence within 2 years from the date of availingrnloan from “SBI Realty Loan”.
  • Customersrnare also eligible to avail another Home Loan for construction of house on thernplot financed under the SBI Realty with the benefit of running both the loansrnconcurrently. 
rn

Loan Amount: MaximumrnLoan Amount: Rs.10 Crores

rn

 Repayment Period: Up to 15 years      

rn

(Other terms and conditions are as applicable to regularrnHome Loan Scheme)

rn

SBI PAL


rn

This is a PRE-APPROVEDrnhome loan. SBI PAL scheme sanctions’ home loan limit to the customer (home loanrnseeker) much in advance so that one can finalize the property knowing theirrnloan eligibility. This also allows borrower to negotiate with Builder/Sellerrnconfidently. Below are few conditions based on which bank will proceed with thernloan sanction formalities.  

  • The loanrneligibility will be assessed on the basis of income details of the applicant.
  • Non-refundable processing fee as applicable to the Home Loan will be collectedrnat the time of sanction.
rn

Validity Period

rn

Pre-approved loan arrangement letter (PLAL) will be valid for a period of 4rnmonths. Property papers will be required to be submitted by the borrower withinrnthe validity of PLAL. Processing fee will not be levied again.

rn

 Loan Amount

  • Pre-approved loan arrangement letter (PLAL) will carry the eligible loan amountrncalculated on the basis of prevailing interest rates
  • MinimumrnLoan amount: Rs.10 Lacs.
rn

(Other terms and conditions are as applicable to regularrnHome Loan Scheme)

Roof On Top Review

 
EMI Calculator

EMI
Rs 0