SBI Home Loan in New Delhi

Last Updated : Feb. 27, 2020, 3:14 p.m.

About SBI Home Loan in New Delhi

Post the merger with its five associate banks namely State Bank of Mysore (SBM), State Bank of Travancore (SBT), State Bank of Bikaner and Jaipur (SBBJ), State Bank of Hyderabad (SBH) and State Bank of Patiala (SBP) on 1st April 2017, SBI has been in the news lately. But, the home loan offered by the bank has always given it the worth in the market.

SBI home loans are one of the most demanding in India and in its capital New Delhi as well. The bank is presently offering lowest interest rates on housing loans with NO processing fees. The higher loan amount provided by the bank and the easy documentation involved makes this scheme a desirable home loan . If you are also planning to settle down in any location in Delhi, SBI is here to provide you with best of its services. Check eligibility now and the documentation required to apply for this loan in New Delhi.

Apply SBI Home Loan @ 9.15%* Rate

Address of SBI Branches in New Delhi

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

SBI Home Loan New Delhi at a Glance

Eligibility Criteria

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 documents checklist 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 New Delhi