SBI Home Loan in Bengaluru

Last Updated : Feb. 27, 2020, 3:11 p.m.

About SBI Home Loan in Bengaluru

A home loan borrower always looks for a lender that can provide him a higher loan amount at an affordable rate. Having said that, the home loan interest rates at SBI are one of the lowest interest rates along with the facility of a higher loan amount. Hence, this loan is a desirable home loan for all the people of India and help them buy their dream home.

You can apply for this loan at your nearest bank branch or even online to save your time without any hassle. There is easy documentation involved in the loan process which altogether helps you focus more on your home instead of running after executives for the instant approval. You can also calculate the EMI on your loan in advance with the help of the EMI calculator for home loans . So, to apply now for a housing loan in Bengaluru at SBI, check eligibility now, interest rates and the documents needed.

Apply SBI Home Loan @ 9.15%* Rate

Address of SBI Branches in Bengaluru

The branch address, IFSC Code, MICR Code and customer care details of State Bank of India branches located in Bengaluru are mentioned in the table below:

SBI Home Loan Bengaluru at a Glance

Have a look at the minimum and maximum interest rate offered by SBI on home loans .

How to apply for Home Loan Online

You can apply for a housing loan as per your convenience on the online portal Wishfin where you can get lowest interest rates if you match the eligibility criteria. Wishfin experts make sure you get instant approval and a desirable rate to help you save your time.

SBI Home Loan Eligibility

The eligibility criteria to apply for a home loan at State Bank of India is as follows:

• Minimum age of the applicant should be 18 years
• Maximum age of the applicant should be 70 years at the time of repayment

SBI Home Loan Documents

The documents needed to apply for a home loan at SBI is as follows:

For Applicants:

• Completed loan application
• 3 Passport size photographs
• Proof of identity (photocopies of Voters ID card/ Passport/ Driving license/ IT PAN card)
• Proof of residence (photocopies of recent Telephone Bills/ Electricity Bill/
• Property tax receipt/ Passport/ Voters ID card)
• Proof of business address for non-salaried individuals
• Statement of Bank Account/ Pass Book for last six months
• Signature identification from present bankers
• Personal Assets and Liabilities statement

For Guarantor:

• Personal Assets and Liabilities Statement
• 2 passport size photographs
• Proof of identification as above
• Proof of residence as above
• Proof of business address as above
• Signature identification from his/her present bankers

Additional Documents for Salaried:

• Original Salary Certificate from employer
• TDS certificate on Form 16 or copy of IT Returns for last two financial years, duly acknowledged by IT Deptt.

Additional Documents for Professionals/ Self- Employed/ Other IT assesses:

• Acknowledged copies of three years I.T. returns/ Assessment Orders
• Photocopies of challans evidencing payment of Advance Income Tax

For more information, read Home Loan Bengaluru