Hello! Pranjal I will let you know more about State Bank Of India, Home Loan Facility here I will help you for that.

Features
Eligibility:
Minimum age: 18 years as on the date of sanction

Maximum age: 70 years. i.e. the age by which the loan should be fully repaid, subject to availability of sufficient, regular and continuous source of income for servicing the loan repayment.

Loan Amount:
Actual loan amount will be determined taking into consideration such factors as applicant's income and repaying capacity, age, assets and liabilities, cost of the proposed house/flat etc. To enhance loan eligibility you have option to add:

1) Income of your spouse/ your son/ daughter living with you, provided they have a steady income and his/ her salary account is maintained with SBI.

2) Expected rent accruals (less taxes, cess, etc.) if the house/ flat being purchased is proposed to be rented out.

3) Depreciation, subject to some conditions.

4) Regular income from all sources.

Security:
Equitable mortgage of the property

Margin/ LTV Ratio:
Individual Home Loan Amount Margin (Min.)(%) LTV Ratio (%)
Upto Rs. 30 Lacs 10 90
Above Rs. 30 Lacs. and upto Rs. 75 lacs 20 80
Above Rs. 75 lacs 25 75

Types of Home loan
Home loan product variants

Related home loan products

Sbi hamara ghar

Address:-
State Bank Of India
18 19, Devdas Kamlleg Block, Synergy Building, Bandra Kurla Complex-Bandra East, Mumbai - 400051, Behind National Stock Exchange

Phone:-
+(91)-80-26599990
18004253800,1800112211