![SBI Home Loan Interest Rate [Updated]](https://hellobanker.in/wp-content/uploads/2025/08/SBI-Home-Loan-Interest-Rate-Updated.webp)
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SBI Home Loan Interest Rate: State Bank of India (SBI) is the largest public sector bank in India. SBI offers home loan at very attractive rate of interest. So, if you are planning to take home loan, then you can check SBI Home Loan interest rate given below and apply for home loan.
SBI Home Loan Interest Rate [Updated]
- Interest rates are based on CIBIL Score
- All Home Loans are linked to External Benchmark Rate (EBLR)
- Prevailing EBLR = 8.15%
- Effective from 01.08.2025
| Loan Type | Interest Rate |
|---|---|
| Home Loan (TL) | 7.50% to 8.70% |
| Home Loan Maxgain (OD) | 7.75% to 8.95% |
| Top Up Loan | 8.00% to 10.75% |
| Top Up (OD) Loan | 8.25% to 9.45% |
| Loan Against Property (P-LAP) | 9.20% to 10.75% |
| Reverse Mortgage Loan (RML) | 10.55% |
| YONO Insta Home Top up Loan | 8.35% |
The minimum rate of interest for SBI Home Loan is 7.50%. This rate of interest is provided to borrowers who have a good CIBIL score. You can check your CIBIL score via the official cibil website and mobile app. You can easily apply for SBI Home Loan online via link given below.
But before applying for loan, calculate your loan eligibility and loan emi with the help of home loan calculator. Click here to calculate home loan EMI.
Click here to apply for SBI Home Loan
SBI Home Loan Features
- Home Loan products to suit every customers need
- Low Interest Rates
- Low Processing Fee
- No Hidden Charges
- No Pre Payment Penalty
- Interest charges on Daily Reducing Balance
- Repayment up to 30 years
- Home Loan Available as Overdraft
- Interest Concession for Women Borrowers
SBI Home Loan Eligibility
- Resident Type: Resident Indian
- Minimum Age: 18 years
- Maximum Age: 70 years
- Loan Tenure: up to 30 years.
SBI Home Loan Documents
List of papers/ documents applicable to all applicants:
- Employer Identity Card
- Loan Application: Completed loan application form duly filled in affixed with 3 Passport size photographs
- Proof of Identity (Any one): PAN/ Passport/ Driver’s License/ Voter ID card
- Proof of Residence/ Address (Any one): Recent copy of Telephone Bill/ Electricity Bill/Water Bill/ Piped Gas Bill or copy of Passport/ Driving License/ Aadhar Card
Property Papers:
- Permission for construction (where applicable)
- Registered Agreement for Sale (only for Maharashtra)/Allotment Letter/Stamped Agreement for Sale
- Occupancy Certificate (in case of ready to move property)
- Share Certificate (only for Maharashtra), Maintenance Bill, Electricity Bill, Property Tax Receipt
- Approved Plan copy (Xerox Blueprint) & Registered Development Agreement of the builder, Conveyance Deed (For New Property)
- Payment Receipts or bank A/C statement showing all the payments made to Builder/Seller
Account Statement:
- Last 6 months Bank Account Statements for all Bank Accounts held by the applicant/s
- If any previous loan from other Banks/Lenders, then Loan A/C statement for last 1 year
Income Proof for Salaried Applicant/ Co-applicant/ Guarantor:
- Salary Slip or Salary Certificate of last 3 months
- Copy of Form 16 for last 2 years or copy of IT Returns for last 2 financial years, acknowledged by IT Dept.
Income Proof for Non-Salaried Applicant/ Co-applicant/ Guarantor:
- Business address proof
- IT returns for last 3 years
- Balance Sheet & Profit & Loss A/c for last 3 years
- Business License Details(or equivalent)
- TDS Certificate (Form 16A, if applicable)
- Certificate of qualification (for C.A./ Doctor and other professionals)