Interest Rates 201920454 views
SBI home loan interest rate is presently the lowest starting at 8.75% per annum. It gives you the chance to book your own home within your budget. If you are an existing home loan borrower from another bank, you can transfer it to SBI. Read below the rates and other important details associated with SBI home loan.
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Table of Contents
- 1 SBI Home Loan Interest Rates for All Schemes
- 1.1 SBI Home Loan Interest Rates January 2019
- 1.2 SBI Regular Home Loan Interest Rate January 2019
- 1.3 SBI Top-Up Home Loan Interest Rate January 2019
- 1.4 SBI Flexipay Home Loan Interest Rate January 2019
- 1.5 Maxgain-Home loan Interest Rate
- 1.6 NRI Home Loan Interest Rate
- 1.7 Realty Home Loan Interest Rate
- 1.8 SBI Pre-approved Loan (PAL) Interest Rate January 2019
- 1.9 Tribal Plus Interest Rate
- 1.10 Privilege Home Loan Interest Rate
- 1.11 Shaurya Home Loan Interest Rate
- 1.12 Bridge Home Loan Interest Rate
- 1.13 Plot Loan Interest Rate
- 2 SBI Home Loan Interest Rates for Existing Customers
SBI Home Loan Interest Rates for All Schemes
SBI offers home loan at affordable interest rates that vary according to the loan amount, offered home loan scheme and eligibility (salaried/self-employed). The bank also offers the loan to the applicants on both fixed as well as floating rates.
SBI Home Loan Interest Rates January 2019
Below is the table showing the rate of interest, tenure, maximum loan amount, and processing fee applicable to SBI home loans.
| Particulars | Details |
|---|---|
| Interest Rate | 8.75% - 9.35% |
| Loan Amount | Customized |
| Tenure | Up to 30 years |
| Processing Fees | 0.35% of the loan amount or ₹10,000 + GST |
| Prepayment Charges | 0% |
SBI Regular Home Loan Interest Rate January 2019
| Profession | Loan Amount | Interest Rates for Women (p.a.) | Interest Rates for Others (p.a.) |
|---|---|---|---|
| Salaried Borrowers | Upto 30Lac | 8.75%-8.85% | 8.80%-8.90% |
| Above 30lac to 75Lac | 8.90%-9.00% | 8.95%-9.05% | |
| Above 75Lac | 9.00%-9.10% | 9.05%-9.15% | |
| Non Salaried Borrowers | Upto 30Lac | 8.90%-9.00% | 8.95%-9.05% |
| Above 30lac to 75Lac | 9.05%-9.15% | 9.10%-9.20% | |
| Above 75Lac | 9.15%-9.25% | 9.20%-9.35% |
SBI Top-Up Home Loan Interest Rate January 2019
| Loan Amount | Interest Rates (p.a.) for Salaried | Interest Rates (p.a.) for Non Salaried |
|---|---|---|
| Above 5 lakhs - Up to 20 lakhs | 9.00%-9.10% | 9.15%-9.25% |
| Above 20 lakhs - Up to 1 Crore | 9.20%-9.30% | 9.35%-9.45% |
| Above 1 Crore - Up to 2 Crores | 9.40%-9.50% | 9.55%-9.65% |
| Above 2 Crores - Up to 5 Crores | 9.85%-9.95% | 10.00%-10.10% |
| Above 5 crores | 11.05%-11.55% | 11.30%-11.80% |
SBI Flexipay Home Loan Interest Rate January 2019
| Loan Amount (₹) | Interest Rates for Salaried Women (p.a.) | Interest Rates for Salaried Others (p.a.) |
|---|---|---|
| Above 20 lakhs and Up to 30 lakhs | 8.75%-8.85% | 8.80%-8.90% |
| Above 30 lakhs and Up to 75 lakhs | 8.90%-9.00% | 8.95%-9.05% |
| Above 75 lakhs | 9.00%-9.10% | 9.05%-9.15% |
Maxgain-Home loan Interest Rate
| Profession | Loan Amount | Interest Rate for Women (p.a.) | Interest Rate for Others (p.a.) |
|---|---|---|---|
| Salaried Borrowers | Above 20 Lakh to 30 Lakh | 8.80%-8.90% | 8.85%-8.95% |
| Above 30 Lakh to 75 Lakh | 9.00%-9.10% | 9.05%-9.15% | |
| Above 75 Lakh to 3 Crores | 9.15%-9.25% | 9.20%-9.30% | |
| Above 3 Crores | 9.50%-9.60% | 9.55%-9.65% | |
| Non Salaried Borrowers | above 20 Lakh to 30 Lakh | 9.00%-9.10% | 9.05%-9.15% |
| Above 30 Lakh to 75 Lakh | 9.20%-9.30% | 9.25%-9.35% | |
| Above 75 Lakh to 3 Crores | 9.35%-9.45% | 9.40%-9.50% | |
| Above 3 crores | 9.70%-9.80% | 9.75%-9.85% |
NRI Home Loan Interest Rate
| Loan Amount (₹) | Interest Rates for Salaried Women (p.a.) | Interest Rates for Salaried Others (p.a.) | Interest Rates for Non-Salaried Women (p.a.) | Interest Rates for Non-Salaried Others (p.a.) |
|---|---|---|---|---|
| Above 3 lakhs & Up to 30 lakhs | 8.75%-8.85% | 8.80%-8.90% | 8.90%-9.00% | 8.95%-9.05% |
| Above 30 lakhs & Up to 75 lakhs | 8.90%-9.00% | 8.95%-9.05% | 9.05%-9.15% | 9.10%-9.20% |
| Above 75 lakhs | 9.00%-9.10% | 9.05%-9.15% | 9.15%-9.25% | 9.20%-9.35% |
Realty Home Loan Interest Rate
| Loan Amount (₹) | Salaried | Businessmen & Professionals |
|---|---|---|
| Up to 75 lakhs | Women - 9.20% Others - 9.25% | Women - 9.40% Others - 9.45% |
| Above 75 lakhs | Women - 9.25% Others - 9.30% | Women - 9.45% Others - 9.50% |
SBI Pre-approved Loan (PAL) Interest Rate January 2019
| Loan Amount (₹) | Interest Rates for Salaried Women (p.a.) | Interest Rates for Salaried Others (p.a.) | Interest Rates for Non-Salaried Women (p.a.) | Interest Rates for Non-Salaried Others (p.a.) |
|---|---|---|---|---|
| Above 10 lakhs & Up to 30 lakhs | 8.75%-8.85% | 8.80%-8.90% | 8.90%-9.00% | 8.95%-9.05% |
| Above 30 lakhs & Up to 75 lakhs | 8.90%-9.00% | 8.95%-9.05% | 9.05%-9.15% | 9.10%-9.20% |
| Above 75 lakhs | 9.00%-9.10% | 9.05%-9.15% | 9.15%-9.25% | 9.20%-9.35% |
Tribal Plus Interest Rate
| Category | Salaried | Non-Salaried |
|---|---|---|
| Women | 8.80%-8.90% | 8.95%-9.05% |
| Others | 8.85%-8.95% | 9.00%-9.10% |
Privilege Home Loan Interest Rate
| Category | Upto ₹30 lakhs | Above ₹30 lakhs & Upto ₹75 lakhs | Above ₹75 lakhs |
|---|---|---|---|
| Salaried | 8.75%-8.85% | 8.90%-9.00% | 9.00%-9.10% |
| Non-salaried | 8.90%-9.00% | 9.05%-9.15% | 9.15%-9.25% |
Shaurya Home Loan Interest Rate
| Category | Upto ₹30 lakhs | Above ₹30 lakhs & Upto ₹75 lakhs | Above ₹75 lakhs |
|---|---|---|---|
| Salaried | 8.75%-8.85% | 8.90%-9.00% | 9.00%-9.10% |
| Non-salaried | 8.90%-9.00% | 9.05%-9.15% | 9.15%-9.25% |
Bridge Home Loan Interest Rate
The interest rate for the first year is 11.00% per annum and then from second year onwards it changes into 12.00% per annum.
Plot Loan Interest Rate
| Profession | Loan Amount | Women | Others |
|---|---|---|---|
| Salaried | Up to ₹30 Lakhs | 9.25% | 9.30% |
| ₹30 Lakhs to ₹75 Lakhs | 9.35%-9.40% | 9.40%-9.45% | |
| Above ₹75 Lakhs | 9.45%-9.50% | 9.50%-9.55% | |
| Non-Salaried | Up to ₹30 Lakhs | 9.35% | 9.40% |
| ₹30 Lakhs to ₹75 Lakhs | 9.45%-9.50% | 9.50%-9.55% | |
| Above ₹75 Lakhs | 9.55%-9.60% | 9.60%-9.65% |
You can check your home loan EMI with the help of SBI home loan EMI calculator.
SBI Home Loan Interest Rates for Existing Customers
If you are an existing borrower of a home loan at SBI whose interest rate is linked to base rate, you have the chance to save more. The transition from base rate to MCLR regime lowers the interest rate of the borrower, which also leads to the reduction in EMIs and interest outgo.
State Bank of India Home Loan Processing Fees
State Bank of India is offering home loans at 0.35% of the loan amount or ₹10,000 + GST for all home loan applications.
