bigproperty logo icon
Loading ...
85%
info@bigproperty.in

SBI

SBI Home Loan

Purchase your dream home with an SBI Home Loan. Enjoy quick approval, attractive rates, and flexible EMIs. Apply online today.

 

Contact Now

    Highlights

    Rate of Interest

    8.5% to 8.9% p.a.

    Tenure

    5-30 years

    Processing fee

    Zero

    Loan Amount

    Rs.10 lakh - 10 crore

    Prepayment Charges

    Zero

    Foreclosure Charges

    Zero

    Required Documents


    Mandatory documents


    👉     Completed loan application

    👉 Three passport size photographs

    👉 Identity proof (any one): PAN/ Driving License/ Passport/ Voter ID card

    👉 Address proof (any one): Recent copy of any utility bill (Telephone/ Electricity/ Water/ Piped Gas) or Passport/ Driving License/ Aadhar Card

    👉 Other documents to be submitted as per your profile

    For salaried individuals

    1. Salary slips for the last 3 months

    2. Copy of Form-16 or IT Returns for the last 2 years

    For self-employed individuals

    1. Proof of business address

    2. Balance sheet and P&L statement for the last 3 years

    3. Business license details

    4. Copy of IT Returns for the last 3 years

    5. Copy of Form-16A (if applicable)

    6. Certificate of qualification (for C.A., Doctor, and other professionals)

    For Farmers

    1. Last 2 years’ income certificate by Talati/ Gram Sevak/ Village Revenue Officer

    2. Land revenue records – Form 6, 7/12, 8A

    3. Bank account statement for the last 12 months

    For non-resident Indians (NRIs)

    1. A copy of valid visa or work permit

    2. Any of the following for NRIs with Seafarer work profile:
      • Valid job contract
      • Continuous Discharge Certificate (CDC) (if disembarkation stamp is not older than 6 months)
      • Expired contract letter (if disembarkation stamp is older than 6 months)
      • Last salary slip as proof of employment with a shipping company

    3. Relevant passport pages (with overseas address)

    4. Overseas address proof: Government issued National Identity Card/ Driving license/ Utility bill/ Overseas bank statement

    5. Employer’s certificate

    6. Address proof of the blood relative you’re staying along with proof of relationship

    Key Features

     
    1. Loan Amount: SBI offers a variety of home loan schemes that provide a loan amount of up to Rs.10 crores to meet the diverse needs of individuals coming from different sections of society.

    2. Interest Rate: To ensure that everyone is able to afford a house, SBI Home Loan offers a competitive interest rate that starts from 6.80%. Hence, making its EMIs affordable.

    3. Prepayment/Foreclosure Charges: SBI Home Loan can be foreclosed or prepaid with no additional charges.

    4. Processing Fees: The processing fee of SBI Home Loan starts from 0% and goes up to 0.50%, depending upon eligibility and the home loan scheme selected.

    5. Application Process: Customers can apply for a SBI Home Loan either by visiting the nearest branch, or simply logging in online – from the comfort of their home.

    6. Flexible Tenure: SBI Home Loan can be repaid within a maximum tenure that goes up to 30 years. The tenure is flexible and can be chosen as per the repayment ability.

    7. Balance Transfer Facility: SBI allows all its customer to transfer their existing home loan to another bank or NBFC without any prepayment charges to avail better rates and benefits.

    8. Minimum Documentation: To make the home loan process easy and disbursal quick, SBI asks for minimum documentation from its customers

    Home Loan Calculator

    Interactive Home Loan Calculator

    Home Loan Calculator

    ✔
    Eligible for EMI Amount: ₹0.00
    ✔
    Principal Amount: ₹0.00
    ✔
    Interest Amount: ₹0.00

    Our Bank Partners

    1. Bajaj Housing Finance
     2. Axis Bank
    3. Kotak Mahindra Bank
    4. L&T Housing Finance Ltd
    5. IDFC First
    6. Tata Capital
    7. Indiabulls

    REACH OUT OUR TEAM

      Home
      News
      Post Ad
      Account
      Search