Bajaj Housing Finance

SBI Bank Home Loan Features and Benefits

• Loan Amount

  SBI Home Loan offers a wide range of loan amounts, reaching up to ₹15 Crores, catering to individuals across different financial segments and fulfilling diverse housing needs

• Competitive Interest Rates

  With interest rates starting as low as 8.5%, SBI Home Loan provides affordability, allowing you to manage EMIs comfortably and focus on achieving your dream of homeownership.

• No Prepayment/Foreclosure Charges

  SBI Home Loan offers the freedom to make prepayments or foreclose the loan without incurring additional fees, enabling you to reduce interest costs and clear the loan sooner if desired.

• Affordable Processing Fees

  starting at just 0.35%, the processing fee for an SBI Home Loan remains competitive and is based on eligibility and the specific loan type chosen.

• Application Process

  Applying for an SBI Home Loan is convenient and flexible. You can apply online from the comfort of your home or visit the nearest SBI branch for assistance.

• Flexible Tenure

  SBI Home Loan provides repayment tenures of up to 30 years, allowing you to choose a tenure that aligns with your financial planning and repayment ability.

• Balance Transfer Facility

  For those with existing home loans at other banks, SBI offers a hassle-free balance transfer facility, allowing you to move your loan to SBI without prepayment charges and benefit from lower interest rates and better terms.

• Minimum Documentation

  The home loan process with SBI is simple and efficient, requiring minimal documentation to ensure a quick and smooth disbursal process.