sbi home loan interest rate

sbi home loan interest rate

 

HOME LOANS: FLOATING INTEREST CARD RATES W.E.F.01.07.2020

(A)- HOME LOAN INTEREST CARD RATE STRUCTURE (FLOATING) :EBR 6.65%
LOAN AMOUNT SALARIED
  TERM LOAN MAXGAIN
Up to Rs 30 Lacs
EBR + 35 bps
ER: 7.00%
(ER: Effective Rate)
EBR + 70 bps
ER: 7.35%
Above Rs 30 Lacs to Rs 75 Lacs
EBR + 60 bps
ER: 7.25%
EBR + 95 bps
ER: 7.60%
Above Rs 75 Lacs
EBR + 70 bps
ER: 7.35%
EBR + 105bps
ER: 7.70%
  • 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 Non Salaried Customers,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.
EBR 6.65%
Product Applicable Interest Rate
Tribal Plus Scheme An additional 10 bps will be added to the Final Rate
Home loan to Employees of Kerala Government scheme EBR+35 bps,ER:7.00%
CRE Home Loan An additional 50 bps premium will be added to the Final Rate
SBI Privilege and Shaurya SchemesEBR 6.65%
SBI Privilege and Shaurya Schemes (a) Where check-off facility is provided by the Government Department / Defense Establishment under tie-up with our Bank 
Interest rate applicable to women will be applicable to men/others.
(b) Where check-off facility is not available–
Interest rates as applicable to others category will be applicable after taking into consideration the LTV Ratio, Risk Grade, gender and limit.
SBI REALTY LOANS
For First Five YearsEBR 6.65%
LOAN AMOUNT Applicable Interest Rate
Up to Rs 30 Lacs EBR + 105 bps
ER: 7.70%
Above Rs 30 Lacs to Rs 75 Lacs EBR + 115 bps
ER: 7.80%
Above Rs 75 Lac EBR + 125 bps
ER: 7.90%
  • 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
(B)- HOME TOP UP CARD INTEREST RATE STRUCTURE (FLOATING) :EBR 6.65%
Applicable Interest rate
  Term Loan Overdraft
Up to Rs. 20lacs
EBR + 85 bps
ER: 7.50%

 

N. A.
Above Rs.20 lacs and up to Rs.1 crore
EBR + 105 bps
ER: 7.70%
EBR + 175 bps
ER: 8.40%
Above Rs.1 crore and up to Rs.2crores
EBR + 125 bps
ER: 7.90 %
EBR + 200 bps
ER: 8.65 %
Above Rs.2 Crores and up to Rs.5 Crores
EBR + 170 bps
ER: 8.35%
Above Rs.5 crores
EBR + 290 bps
ER: 9.55%
  • A premium of 15 bps will be added to Card Rate for Non-Salaried Customers.
  • A premium of 10 bps will be added to the Card Rate for customers falls under Risk Grade 04 to 06.
  • Premium of Risk Grade 04 to 06 will be clubbed with other premium for arriving at final Rate for the customers.
EBR 6.65%
INSTA HOME TOP UP LOAN (Rs 01 Lacs to Rs 05 Lacs) 155 bps above EBR, irrespective of Risk Grades, Gender and occupation.ER:8.20
EBR 6.65%
SMART HOME TOP UP LOAN Applicable Interest Rate
  SALARIED NON-SALARIED
TERM LOAN
EBR + 140bps
ER: 8.05%
EBR + 190 bps
ER: 8.55%
OVERDRAFT
EBR + 190 bps
ER: 8.55%
EBR + 240 bps
ER: 9.05%
(C)- PERSONAL LOAN AGAINST PROPERTY (P-LAP) :EBR 6.65%
Applicable Interest rate
Personal Loan Against Property (P-LAP)
i) Salaried (where more than 50% of NMI is coming from salary income) and Non-Salaried (where more than 50% of NMI is coming from Business/ Profession or rental income income), If the residential property is self-Occupied
 

Up to Rs. 1crs

 

 

EBR + 215 bps
ER: 8.80%

 

Above Rs. 1 cr & up to Rs. 2 crs.
EBR + 265 bps
ER: 9.30%
Personal Loan Against Property (P-LAP)
ii) Salaried (where more than 50% of NMI is coming from salary income), If the residential property is not self-Occupied/ commercial property
 

Up to Rs. 1crs

 

 

EBR + 225 bps
ER: 8.90%

 

Above Rs. 1 cr & up to Rs. 2 crs.
EBR + 275 bps
ER: 9.40%
Personal Loan Against Property (P-LAP)
iii) Non-Salaried (where more than 50% of NMI is coming from Business/ Profession or rental income income), If the residential property is not self-Occupied/ commercial property
 

Up to Rs. 2 crs

 

 

EBR + 280 bps
ER: 9.45%

 

Personal Loan Against Property (P-LAP)
iv) Salaried and Non-Salaried (where more than 50% of NMI is coming from Business/ Profession or rental income income), If the residential property is not self-Occupied/ commercial property
 

Above Rs 2 crs and Up to Rs 7.5 crs

 

 

EBR + 300 bps
ER: 9.65%

 

(D)- SBI BRIDGE LOAN :EBR 6.65%
Applicable Interest rate
FOR FIRST YEAR
EBR + 285 bps
ER: 9.50%
FOR SECOND YEAR
EBR + 385 bps
ER: 10.50%
(E)- EMD SCHEME :EBR 6.65%
Applicable Interest rate
EMD SCHEME
EBR + 380 bps
ER: 10.45%
(F)- REVERSE MORTGAGE LOANEBREBR 6.65%
Applicable Interest rate
For Public
EBR + 240 bps
ER: 9.05%
For SBI Pensioners
EBR + 140 bps
ER: 8.05%

 

visit for website :- https://www.sbi.co.in/web/interest-rates/interest-rates/loan-schemes-interest-rates/home-loans-interest-rates-current