What is SBI Home Loan Interest Rate for Women?

SBI home loan interest rate female borrowers, aiming to promote female homeownership in India. As of April 2025, SBI's base home loan interest rate starts at 8.00% per annum. However, under the "SBI Her Ghar" initiative, women borrowers receive a concessional interest rate of 5 basis points (0.05%) lower than the applicable card rate. This concession is available when a woman is the sole or first applicant, and the property is registered in her name.​

SBI charges a processing fee of 0.35% of the loan amount, with a minimum of Rs. 2,000 and a maximum of Rs. 10,000.​ SBI offers home loan tenures of up to 30 years, providing flexibility in repayment.​

However, for this, women applicants must meet standard eligibility criteria, including age between 18 to 70 years and a satisfactory credit score.​ SBI's "Her Ghar" initiative, with its interest rate concession and additional benefits, makes home loans more accessible and affordable for women in India.

This is all about SBI home loan interest rate for women.

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What are the Documents Required for Home Loan in SBI? 

State Bank of India, which CNBC named the most approved preferred home loan provider, offers one-fifth of all loans in India. SBI offers a distinctive, all-inclusive home loan program for each category of candidates. Known for its affordable interest rates, SBI offers home loans at the lowest interest rates to enable all women to own a home. Now, coming to your query, what is the SBI home loan interest rate female? It depends on the scheme you choose.

What is the Home Loan Interest Rate SBI for Ladies?

Women borrowers are eligible for lower interest rates in SBI compared to standard rates, encouraging home ownership among women in India.

1. The rates typically start at 8.75% per annum (as of January 2025), which is 5 basis points (0.05%) lower than the regular rates offered to male borrowers.

2. The \"Her Ghar\" program provides a discounted annual rate of 9.40%.

3. To avail of this concession, the property must be registered in the woman’s name or she must be a co-applicant on the loan.

Women can choose from fixed or floating rate loans, with the latter varying based on market conditions.

Example Calculation:

For a Rs.30 lakh loan at 8.90% over 20 years:

1. Monthly EMI = Rs.26,760 (approx.)

2. Total Interest Payable = Rs.34.2 lakh (approx.)

I hope you found SBI home loan interest rate for women helpful

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How to Pay SBI Home Loan EMI Online?

The interest rate for SBI home loans is different for term loans, top-up loans, and P-Lap loans. 

What is the SBI Home Loan Interest for Females?

Being a female applicant, I was able to get a decent reduction on my monthly loan repayment installments due to the reduced interest rate of 0.05%. You might feel that the percentage is quite low, but when you apply the interest rate reduction on a large loan amount in lakhs and sometimes even crores, you’ll save a lot of money during the repayment period. 

The home loan interest rate depends on certain things like:

1. Your CIBIL Score

2. The Loan Type

Here, the greater your CIBIL score, the lower would be the effective interest rate. Apart from this, the type of home loan would also play a role in determining the interest rate for your home loan.

What is the SBI Home Loan Interest Rate for Women Term Loan

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