Hello. The SBI home loan balance transfer interest rate starts at 9.15%. There are different types of home loans, so the interest rate varies based on certain factors. I have shared the interest rates in detail, below. I did the balance transfer from HDFC to SBI just a month ago, so I know the rates charged. Let me take you through them.
What is the SBI Home Loan Interest Rate for Balance Transfer?
The interest rate varies based on two things: your CIBIL score and the type of loan you opt for. So, let me talk about the
regular home loan.
| CIBIL Score | Regular Home loan | |
| Term Loan | MAXGAIN | |
>=750 |
9.15% |
9.55% |
700-649 |
9.35% |
9.75% |
650-699 |
9.45% |
9.85% |
550-649 |
9.65% |
10.05% |
NTC/ NO CIBIL SCORE/ -1 |
9.35% |
9.75% |
I am sharing the link to the
balance transfer home loan interest rate page on the SBI website
for you to understand more.
If you’re looking to do a balance transfer to SBI, you must know the eligibility criteria as well. So, let me share the relevant details with you.
Eligibility CriteriaApplicants must be aged between 18-60 years.
Applicants should either be Non-Resident Indians (NRIs) or Persons of Indian Origin (PIOs).
The loan tenure can be up to 30 years.
Loan Amount
I hope you are now aware of the SBI balance transfer home loan interest rate. Have a good day.
Get instant loan disbursal through NoBroker!
Read More RBI Guidelines For Home Loan: Eligibility and More?Your Feedback Matters! How was this Answer?
Shifting, House?
✔
Lowest Price Quote✔
Safe Relocation✔
Professional Labour✔
Timely Pickup & Delivery
Intercity Shifting-Upto 25% Off
Check Prices
Intracity Shifting-Upto 25% Off
Check Prices
City Tempo-Upto 50% Off
Book Now
What is the Interest Rate of Balance Transfer in SBI?
suyash
108 Views
1
1 Year
2023-11-20T20:03:19+00:00 2023-11-20T20:03:20+00:00Comment
Share