my father wants to take home loan from the State bank of India SBI. but he has no idea about the duration of the loan and the installment about it. so please give me the details about it? also tell me about what is the rate of interest on the State bank of India SBI home loan?

SBI Home Loans is the largest Mortgage Lender in India, which has helped over 30 lakh families to achieve the dream of owning a home.

(A)- Home Loan Interest Card Rate Structure (Floating) :EBR 7.80%

LOAN AMOUNT SALARIED

TERM LOAN MAXGAIN
Up to Rs 30 Lacs EBR + 15 bps EBR + 40 bps
ER: 7.95% ER: 8.20%
(ER: Effective Rate)
Above Rs 30 Lacs to Rs 75 Lacs EBR + 40 bps EBR + 65 bps
ER: 8.20% ER: 8.45%
Above Rs 75 Lacs EBR + 50 bps EBR + 75bps
ER: 8.30% ER: 8.55%
A premium of 15 bps will be added to the Card Rate for Non-Salaried Customers.
A premium of 10 bps will be added to the Card Rate for Loan up to Rs 30 Lacs if LTV ratio is >80% & <=90%.
A premium of 10 bps will be added to the Card Rate for customers falls under RG (4 to 6)
05 bps concession will be available to women.

Premium of Risk Grade 04 to 06, Loan up to Rs 30 Lacs if LTV ratio is >80% & <=90% and concession for women customers will be clubbed with Card Rate/ other premium for arriving at Final Rate for the customer.

SBI REALTY LOANS

For First Five YearsEBR 7.80%
LOAN AMOUNT Applicable Interest Rate
Up to Rs 30 Lacs

EBR + 85 bps
ER: 8.65%

Above Rs 30 Lacs to Rs 75 Lacs

EBR + 95 bps
ER: 8.75%

Above Rs 75 Lac

EBR + 105 bps
ER: 8.85%

A premium of 10 bps will be added to the Card Rate for customers falls under Risk Grade 04 to 06.
05 bps concession will be available to women
A premium of 05 bps will be added for the customers who is not having salary account with SBI

Contact:

Real Estate and Housing Business Unit,
State Bank of India, Corporate Center

Madame Cama Road,
State Bank Bhavan, Nariman Point,
Mumbai-400021, Maharashtra

Toll Free No.
1800 112 211 (Toll Free)

1800 425 3800 (Toll Free)

080 26599990