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State Bank of India Home Loan 4.9/5

SBI Regular Home Loan

Interest Rate
8.50% - 9.65%
Loan Amount
Up to ₹ 5,00,00,000
Tenure
Up to 30 Yrs
Processing Fee
0.35% of loan amount (Min ₹2,000, Max ₹10,000) + GST
Apply on Official Portal
Direct official lender application

Calculate EMI for SBI Regular Home Loan

₹ 5,00,000
8.50%
3 Years
Monthly EMI
₹ 16,252
Total Interest Payable
₹ 85,072
Total Amount (P + I)
₹ 5,85,072

Key Loan Features & Benefits

Lowest interest rates tied to EBLR; concession for women borrowers; zero prepayment penalty.

Evaluation: Pros and Cons

Key Advantages
  • Lowest interest rates in India
  • No hidden fees and zero prepayment penalty
  • Long repayment tenure up to 30 years
Limitations
  • Lengthy approval and legal verification turnaround time
  • Requires extensive property paperwork

Eligibility & Documents Required

Who can apply?

Resident Indians aged 18-70 years with regular verifiable source of income.

Paperwork Needed:

Identity Proof, Address Proof, Income Tax Returns (ITR), Property deeds, Approved building plans, Bank statements.

Apply Directly with Bank

Check your pre-approved loan limit with zero impact on CIBIL score.

Check Eligibility & Apply
Last updated: August 2026. Interest rates depend on lender risk policies.