As per the SBI’s official website, the current EBLR rate of SBI home loan (External Benchmark Lending Rate) is specified as: Existing rate: 8.65 % + CRP + BSP, and the revised rate (effective 15 June 2025): 8.15 % + CRP + BSP. In simpler terms, SBI has cut its external benchmark lending rate by 50 basis points, from 8.65 % to 8.15 % (to which Credit Risk Premium and Business Strategy Premium are added based on the borrower’s profile and bank policy).
What is the EBLR Home Loan Rate SBI?
For home loans, SBI advertises that interest starts from 7.50 % p.a. This implies that, for well-rated borrowers with low spreads (CRP + BSP), the final rate may be anchored close to that base.
These rates are subject to terms and conditions and may vary based on factors such as the applicant's credit profile, loan amount, and tenure.
The EBLR system ensures that the interest rates on floating-rate loans are more responsive to changes in the RBI's policy rates, providing greater transparency and alignment with market conditions. SBI periodically reviews and adjusts its EBLR to reflect prevailing economic factors.
For prospective borrowers, it's essential to consider the EBLR along with the applicable spread or margin added by the bank to determine the effective interest rate on their home loan.
Additionally, factors like the loan tenure, repayment capacity, and any existing relationships with the bank can influence the final interest rate offered.
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What is the Current EBLR Rate of SBI Home Loan?
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2025-10-06T18:30:45+00:00 2025-11-03T13:56:13+00:00Comment
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