SBI Home Loan | Interest Rate @ 8.25%* | 2025
The SBI home loan interest rate starts from 7.50% p.a., making it one of the most affordable options for borrowers. With flexible tenure of up to 30 years, the SBI home loan interest ensures easy EMIs and a stress-free repayment journey.
SBI Home Loan | Interest Rate @ 8.25%* | 2025
The interest rate on an SBI home loan is among the most affordable in the market, sitting typically between 7.50% and 8.95% per annum. The interest rate that you will get on an SBI home loan will vary based on a number of factors, including your credit history, amount, type of employment, and capacity to pay back. SBI also offers concession on interest rates to female borrowers and salaried borrowers, which will make it even easier to afford a home loan. Good credit history often allows you to secure a loan with a lower rate of interest, saving a large sum over the life of the loan. To get an idea of repayment and the total EMI, you may use the online SBI Home Loan EMI Calculator, if you would like. The SBI Home Loan EMI Calculator will allow you to change the amount, the rate and the number of months of repayment, allowing you to better manage your finances. After comparing different amounts you can choose either a lower monthly payment with a longer time of repayment or a higher monthly payment with fewer months of repayment. Overall, being up-to-date on an SBI home loan interest rate will allow for an informed borrowing decision.
SBI House Loan Interest Rates
| Rate Of Interest | Max funding | Apply Now | ||
| Credit Score | ROI | Loan Amount | Funding % | |
| >=825 | 7.50% | <=30 Lakh | 90% | |
| 750 – 824 | 7.70% | |||
| 700 – 749 | 7.80% | 30<75 Lakh | 80% | |
| 650 – 699 | 8.15% | |||
| 550-649 | 8.45% | 75 Lakh> | 75% | |
| NTC | 7.80% | |||
| NTC=101-150 | 8.25% | – | – | |
| NTC=150-200 | 7.70% | – | – | |
Key Highlights- SBI Home Loan
| Parameters | Details* |
| Home Loan Amount | Up to Rs. 50 crore (varies with each loan type) |
| SBI Home Loan Interest Rate | Starting at 8.25%* p.a. |
| Loan Tenure | Up to 30 years |
| Processing Fees | 0.35% of the loan amount up to Rs. 10,000 |
| Foreclosure/Prepayment Charges | Nil |
*The values are subject to change over time. Please confirm with the official website.
Key Features of SBI Home Loan
1. Interest Rate Based on Credit Score
SBI Home Loan Lowest Interest Rate depends on your credit score. If you have a higher score, you enjoy better rates and affordable EMIs. Currently, SBI offers interest rates starting from 7.50% for applicants with a credit score of 825 and above. For scores between 650–699, the rate is around 8.15%, while new-to-credit (NTC) applicants can get home loans at 8.40%.
2. Maximum Funding Percentage
SBI offers different funding percentages based on the loan amount. The bank provides:
- Up to 90% funding for loans up to ₹30 Lakh – making home loans more accessible for first-time homebuyers and those looking for affordable housing.
- Up to 80% funding for loans between ₹30 Lakh and ₹75 Lakh – ensuring borrowers contribute significantly to mid-range housing options.
- Up to 75% funding for loans above ₹75 Lakh – for high-value properties, SBI requires a higher borrower contribution to mitigate risk.
3. City-Wise Maximum Funding Percentages
SBI home loan funding varies by city and loan amount, ensuring customized financial assistance for homebuyers:
| City | Loan Amount ≤ ₹30 Lakh | ₹30 – ₹75 Lakh | Above ₹75 Lakh |
| Hyderabad | Up to 90% | Not Specified | Not Specified |
| Bangalore | Up to 90% | Up to 80% | Up to 75% |
| Mumbai | Up to 90% | Up to 80% | Up to 75% |
| Pune | Up to 90% | Up to 80% | Up to 75% |
| Chennai | Up to 90% | Up to 80% | Up to 75% |
| Delhi | Up to 90% | Up to 80% | Up to 75% |
4. Processing Fees and Other Charges
In addition to interest rates, SBI charges processing fees and other administrative costs to cover loan-related expenses. These include:
- Processing Fee: A one-time charge of ₹5,900/- applicable to all home loan applications.
- Legal Fees: ₹3,500/- to cover legal verification of property documents.
- Technical Fees: ₹3,000/- for technical evaluation of the property.
- MODT (Memorandum of Deposit of Title Deed): A stamp duty charge of 0.60% applies to all loans.
- MODT for Mumbai & Pune: A lower charge of 0.30% is applicable specifically for these two cities.
- NOI (Mumbai & Pune): Amortization and documentation charge of 0.5% of the loan amount, with a maximum cap of ₹17,500/-.
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 SBI Regular Home Loans are provided for purchasing ready properties, under-construction properties, pre-owned homes, and the 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: 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: SBI Privilege 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: SBI Shaurya 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: SBI 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: The SBI Realty 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: SBI Home loan for Non-salaried 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: SBI Home Top Up Loan 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: SBI Yono Insta Home Top Up 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.
13. SBI Home Loan for Ladies: SBI has granted interest rate concessions to women applicants to promote independence and home ownership as SBI home loans for Ladies. The impact of the concession for women borrowers is a 0.05% decrease in interest rates on most of their home loan products.
14. SBI Home Loan for Pensioners: SBI offers housing loan plans for old-aged pensioners under the name of SBI Home Loan for Pensioners under two options:
- SBI Pension Loan: For Central/State government pensioners up to 76 years.
- SBI Realty/Reverse Mortgage Schemes: For acquiring or constructing a house.
The repayment, attractive interest rates, and EMIs are flexible enough to make this a viable option for senior citizens.
15. SBI Home Loan Interest Rate for Government Employees: SBI has a Privilege Home Loan Scheme, which offers an SBI home loan interest rate for Government employees:
- Lower interest rates than those of regular borrowers
- EMI deduction is directly from your salary
- Loan amount up to ₹50 crore
This makes it ideal for Central/State Govt. employees, PSU employees, and defense personnel.
How to Apply for an SBI Home Loan
Applying for an 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 the 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 applying for a home loan from SBI, it’s important to check if you can comfortably manage the monthly EMIs. The easiest way is to use the SBI Home Loan Calculator. Simply enter the loan amount, tenure, and the SBI home loan rate being offered. You can also add the processing fee for accuracy. Whether you opt for a floating or an SBI home loan interest rate fixed, the calculator helps you estimate your EMI precisely.
SBI Home Loan EMI Calculation
| Amount | 10 Years | 30 Years |
| Rs.10 lakh | Rs.11,180 | Rs.6,992 |
| Rs.20 lakh | Rs.23,740 | Rs.13,984 |
| Rs.40 lakh | Rs.47,481 | Rs.27,969 |
| Rs.50 lakh | Rs.59,351 | Rs.34,961 |
Using the NoBroker Home Loan EMI Calculator is quick and hassle-free. Simply enter three details — the loan amount, tenure, and applicable interest rate. The tool will instantly display your monthly EMI, total interest payable, and overall repayment amount. For illustration, an interest rate of 7.50% p.a. has been used. However, the actual rate and EMI may vary, as the final offer depends on the bank’s discretion.
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:
| Eligibility Criteria | Details |
| Age |
|
| Income | Applicant must have a stable income; loan amount eligibility is based on income and repayment ability |
| Employment Type | Applicable to salaried individuals, self-employed professionals, and business owners |
| Credit Score | A good credit score improves approval chances and interest rate offers |
| Property Documents | Property must meet SBI’s legal and technical requirements |
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:
| Document Type | Accepted Documents |
| Residence Proof | Utility bill (electricity, water, gas), telephone bill, passport, Aadhaar card |
| Income Proof (Salaried) | Last 3 months’ salary slips, Form 16 (last 2 years), or ITR copies (last 2 years) |
| Identity Proof | PAN Card, Passport, Voter ID, Driving License |
| Property Documents | Registered Sale Agreement, Property Title, No Objection Certificate (NOC) from builder (if applicable) |
| Bank Statements | Last 6 months’ bank statements showing account activity and loan repayment (if any) |
| Income Proof (Self-Employed) | IT returns (last 3 years), Profit & Loss Statement, Balance Sheet, Business License, or Professional Qualification Proof |
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 the State Bank of India Home Loan Customer Care:
| Toll-Free Number | 1800 11 2018 |
| Customer Care Address | Real Estate and Housing Business Unit, State Bank of India, Corporate Center, Madame Cama Road, State Bank Bhavan, Nariman Point, Mumbai-400021, Maharashtra |
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.
How NoBroker Helps
NoBroker simplifies the SBI Home Loan process by guiding you through eligibility checks, document submission, and online application. With tools like the Home Loan EMI Calculator and priority processing, NoBroker ensures a faster, hassle-free experience, saving time and reducing paperwork.
Conclusion
SBI Home Loans offer competitive interest rates, flexible tenures, and specialized schemes for women, government employees, and NRIs. By using NoBroker, first-time and experienced buyers can easily navigate the application process, make informed decisions, and secure a home loan that fits their budget and long-term goals.
