I recently opened an account in the State Bank of India (SBI) and want to take home loan from here looking for the form. Can you provide me ECS Form of SBI Home Loan so that I can apply and tell what the eligibility and documents required to take home loan from this SBI Bank?

State Bank of India (SBI), has many home loan schemes tailored to the needs of customers including SBI Maxgain, SBI Realty, SBI Home Plus & NRI Home Loans.


ECS Form SBI Home Loan







SBI Home Loan amount eligibility is based on these factors

SBI Home Loan Minimum Salary

EMI limited to about 50% of monthly income
SBI Home Loan Maximum Loan to property value

Loan capped @ 80% of property value

Documentation needed to apply for an SBI Home Loan

1. Signed application form with photograph
2. ID and residence proof
3. Processing fee cheque
4. Last 6 months bank statements
5. Documentation for salaried applicants:
Last 3 months salary-slips
Form 16 or Income Tax Returns
6. Documentation for self-employed applicants:
Education qualification certificate & proof of business existence
Last 3 years Income Tax Returns with computation of Income
Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account


SBI Home Loan Interest Rates:

SBI Home Loan Details
Interest Rate For women - 9.30%
For General Customers - 9.35%
SBI Flexipay - 9.35%
Processing Fees Up to 0.35% of Loan Amount, Maximum of Rs.11,500
Loan Tenure 30 years
SBI Flexipay - 25 to 30 years

Contact:

State Bank of India
State Bank Bhavan, Madam Cama Road
Mumbai-400021.

SBI Office Phone Number: +91-22-22029456
SBI Office Fax Number: +91-22-22742431