Hey there! To be eligible for the SBI Yuva home loan, you must be at least 21 years of age. I applied for a housing loan from this scheme when I was 22 years, and I can tell you some of the eligibility requirements of SBI Yuva home loan. Apart from the age limit, which is 45 years, you must also be a salaried employee. I can share whatever I know about the SBI Yuva home loan eligibility requirements.
What are the SBI Yuva Home Loan Eligibility Requirements?
As an applicant applying for a home loan under this scheme, you should be working in any of the following sectors: MNCs, private sector companies, PSUs, or government undertakings. Here are a few more things you should be qualified for to apply for a home loan under SBI Yuva scheme.
Your age should be between 21 years and 45 years
The minimum monthly income should be at least Rs. 30,000. This excludes the rental income from the proposed property.
The property for which you’re applying the loan for should be mortgaged to the bank.
That’s all about the eligibility criteria for SBI Yuva home loans. I felt like the processing time for this loan is a bit higher compared to other banks. You should also read
what is SBI Home loan processing timefor more detailed information on this. It will give you a slight idea of the disbursement.
Let me know if you need any more clarifications on this.
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What is the SBI Yuva Home Loan Eligibility?
Akarsh87
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8 months
2025-03-24T09:38:35+00:00 2025-03-24T09:38:35+00:00Comment
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