SBI Home Loan in Indore

Last Updated : Feb. 27, 2020, 3:13 p.m.

About SBI Home Loan in Indore

SBI has recently merged with its five associate banks after which the customer reachability has increased drastically. However, SBI is known for its smooth servicing and thus it continues to do so. The different products available in the bank are designed by keeping in mind the needs and budget of the common man. Thus, one of the most demanding and reliable options for housing loans is no doubt State Bank of India. Having said that, the widespread network throughout the country makes it easier for the customers to reach the bank for a home loan.

Talking about the home loan product offered by SBI in Indore, housing loans are one of the most demanding loans with lowest interest rates. So to apply for a home loan , check eligibility now, home loan interest rates, Indore branch details to apply now at the nearest bank branch.

Apply SBI Home Loan @ 9.15%* Rate

Address of SBI Branches in Indore

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

SBI Home Loan Indore at a Glance

SBI Home Loan Eligibility

The eligibility criteria for State Bank of India (SBI) home loan 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 documentation needed to apply for a home loan and get instant approval 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 Indore