SBI Home Loan | Interest Rate @ 8.50%* | 2025

SBI House Loan | Interest Rate @ 8.50%

SBI Home Loan offers affordable and flexible financing solutions for homebuyers. With competitive interest rates, easy eligibility criteria, and quick processing, SBI makes your dream home a reality.

State Bank of India, one of the largest public sector banks in India, is renowned for its reliable banking, insurance and investment services. Whether you’re a salaried individual, a non-salaried professional, or an NRI, SBI offers a range of home loan schemes designed to cater to your needs. SBI home loan interest rates range from 8.50% p.a. to 9.65% p.a. based on your CIBIL score, making them an ideal option for homeownership.

Here, you’ll find a comprehensive understanding of SBI home loan details, including interest rates, eligibility requirements, the application process, and more. Gain the insights you need to make an informed decision about your home loan journey.

Key Highlights- SBI Home Loan

*The values are subject to change over time. Please confirm with the official website.

SBI House Loan Interest Rates

Here is a list of all the SBI home loan interest rates for different home loan schemes:

• Tribal Plus Home Loan: 8.60% to 9.55% p.a. 
• Home Loan Maxgain (OD): 8.70% to 9.85% p.a. 
• YONO Insta Home Top-Up Loan: 9.35% p.a. 
• Home Loan (TL): 8.50% to 9.65% p.a. 
• Top-Up (OD) Loan: 9.00% to 9.95% p.a. 
• Top-Up Loan: 8.80% to 11.30% p.a. 
• P-LAP Loan: 10.00% to 11.30% p.a. 
• Reverse Mortgage Loan: 11.55% p.a. 

Also Check: Home Loan Interest Rates’ 2025

Types of SBI Home Loans

As one of India’s largest mortgage lenders, State Bank of India provides a number of different home loans. Here are the different types of SBI housing loans:

1. Regular Home Loan

The regular home loans are provided for purchasing ready properties, under-construction properties, pre-owned homes and construction/extension of a house. It’s a flexible product that suits the needs of most loan applicants.

2. NRI Home Loan

Non-resident Indians (NRIs) and Persons of Indian Origin (PIOs) who are finding it difficult to find loans can apply for this SBI home loan. The minimum amount is Rs. 15 lakhs.

3. SBI Flexipay Home Loan

Salaried applicants who want a higher-value loan can apply for this SBI home loan. It allows young earners to pay only interest during the pre-EMI period, making it very affordable.  

4. Home Loan Take Over

This is SBI’s home loan balance transfer facility, which allows existing customers of other banks and housing finance companies to switch to SBI. Any borrower who fulfils SBI’s eligibility criteria can apply.

5. SBI Privilege Loan

This home loan is designed specifically for government employees. It offers special SBI home loan interest concessions to women employees and employees who opt for automatic EMI deductions.

6. SBI Shaurya Loan

This special home loan is designed for Indian Army and Defence personnel. The loan offers concessional interest rates, higher-value sanctions and longer repayment tenure.

7. SBI Tribal Plus

The Tribal Plus home loan can be used to purchase or construct a house in hilly and tribal areas of India. This loan can be used to construct or purchase a new home or an existing home/flat or for renovation/extension. 

8. SBI Realty Loan

 This home loan is meant to buy a plot of land for building construction. The borrower must complete the construction within 3 years of availing this loan. 

9. Home Loan to Non Salaried

It’s a special home that allows non-salaried professionals and business owners to purchase or construct a home. The applicant can use this loan to purchase, construct, repair or renovate a house/flat.

10. Home Top Up Loan

It provides funds to existing SBI home loan customers over and above their current loans. The funds can be used for any personal reason other than speculation.

11. Yono Insta Home Top Up

It’s a completely digital home loan top-up provided to certain pre-selected customers. The loan approval takes three easy steps with zero paperwork required.

12. Pre-approved Home Loan

State Bank of India’s pre-approved loan allows its existing customers to get approval and sanction before selecting a property. The applicant’s income details determine their eligibility. 

How to Apply for SBI Home Loan

Applying for a SBI Home Loan is a simple process, especially with the availability of online application facilities. Here’s a step-by-step guide to help you apply for an SBI Home Loan with NoBroker Home Loan services.

Step1: Research

Understand the various SBI Home Loan schemes and choose the one that suits your needs.

Step 2: Check Eligibility

Use NoBroker home loan eligibility calculator to determine your loan eligibility.

Step 3: Gather Documents

Collect all the necessary documents as per the loan scheme and applicant type.

Step 4: Online Application with NoBroker

Open the NoBroker Home Loan page and select SBI Bank as your preferred lender from the list of available options.

Step 5: Fill Application Form

Provide accurate details and upload the required documents.

Step 6: Application Review

SBI will review your application and may request additional documents if necessary.

Step 7: Loan Approval and Disbursement

Once the application is approved, the loan amount will be disbursed to your bank account.

By following these steps, you can complete the SBI Home Loan application process conveniently and efficiently.

SBI Home Loan EMI Calculator

Before you take a home loan, it’s always a good idea to check if you can bear the monthly payments. Since a home loan is a long-term commitment, you should estimate EMIs and compare loan terms of different lenders before applying. The SBI Home Loan Calculator is the right tool to understand the affordability of your loan.

Using thenNoBroker  Home Loan EMI Calculator is very simple. Enter three values- your chosen loan amount, tenure and the applicable interest rate. The calculator will show you the monthly EMI amount, total interest outgo and total amount.

Eligibility Criteria for SBI Home Loan

The eligibility requirements may vary based on the loan scheme and applicant type. Here are the key eligibility criteria for home loans for SBI:

1. Age: The minimum age requirement is 18 years, and the maximum age limit is usually 70 years, subject to the borrower’s repayment capacity
2. Income: SBI assesses the applicant’s income stability and repayment capability to determine the loan amount eligibility.
3. Employment Type: SBI considers the applicant’s employment type, whether salaried, self-employed or a professional while evaluating the loan application.
4. Credit Score: A good credit score enhances the chances of loan approval and favourable interest rates. SBI evaluates the creditworthiness of the applicant.
5. Property Documents: The property being financed must meet the legal and technical requirements as specified by SBI.

Meeting these eligibility criteria increases the likelihood of getting your SBI Home Loan approved. You can check your eligibility for any SBI home loan using the NoBroker Home Eligibility Calculator page.

Documents Required for SBI House Loan Application

Applicants need to provide specific documents during the home loan application process. The following is a comprehensive list of the required documents:

• Residence Proof: A recent utility bill (electricity, water, or gas), telephone bill, passport, or Aadhaar card serves as proof of address.
• Income Proof for Salaried Applicants: Salary slips from the last three months, Form 16 for the last two years, or ITR copies for the last two years.
• Identity Proof: Applicants must submit any one of these—PAN card, Passport, Voter ID, or Driver’s License.
• Property Documents: Documents related to the property being financed, such as a registered sale agreement, property title, and No Objection Certificate (NOC) from the builder (if applicable).
• Bank Statements: Last six months’ bank statements showing all account activity and proof of any previous loan repayments.  
• Income Proof for Self-Employed Applicants: IT returns for the past three years, a profit and loss statement, a balance sheet, and a business license or professional degree certification (if applicable).

These documents help establish the applicant’s financial standing and ensure the property is legally sound, aiding the bank’s decision to approve the loan. SBI may require additional documents for the verification process. 

SBI Home Loan Customer Care

If you have any queries or require assistance regarding SBI House Loans, you can reach out to their customer care team. Here are the contact details for State Bank Of India Home Loan Customer Care:

Feel free to contact them for any information or support related to your SBI Home Loan journey.

Key Takeaways

With transparent eligibility criteria, a straightforward documentation process, and dedicated customer care, the State Bank of India offers one of the most accessible home loans. Furthermore, there are special SBI home loans for women applicants, government employees, defence personnel, etc. 

NoBroker makes your path to homeownership easier and more convenient by providing facilities like faster processing and priority approvals. With our help, your dream home will soon become a reality. 

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