SBI offers multiple personal loan products including SBI Xpress Credit, SBI Quick Personal Loan, SBI Kavach Personal Loan, SBI Pension Loan, SBI Pre-approved Personal Loan to meet the financial requirements of everyone. You can get loan up to Rs. 20 Lakhs for tenure up to 6 years
About SBI Home Loans
Features
At a Glance
How to Apply
Details
Home Loan-related Products
Documents Required
Processing Fee
Other Products
About SBI Home Loans
SBI has a separate department known as SBI Home Loans to deal exclusively with Home Loans and mortgage loans. SBI has the distinction of being the largest mortgage lender in India. It has helped more than 3 million families achieve their long-cherished dream of owning a house.
SBI Home Loans - Features
SBI has the most extensive variety of Home Loans amongst all banks and housing finance institutions in India.
SBI provides excellent value to customers by offering these critical benefits:
Extensive range of products to suit every requirement
SBI offers the facility to existing and new customers to apply for a Home Loan online. Access the SBI Home Loan webpage and click on the Apply Now option. Complete the details asked for and get the provisional loan offer letter. SBI officials will call you to complete the formalities.
Approach any branch of SBI (preferably the office nearest to your home) and contact the branch manager to complete the Home Loan application formalities.
Existing customers can apply for specific Home Loan products using their SBI YONO app Approach the Retail Asset Credit Processing Centre (RACPC) and contact the relationship manager to complete the Home Loan application.
Avail the services of Direct Selling Associates (DSA) who will help you with the compilation of the Home Loan documents and complete the loan application.
SBI Home Loans - Details
Here are the details of each of the Home Loan on offer by SBI:
SBI Regular Home Loan
Purpose
Purchase of ready built property including houses and flats
Purchase of a property under construction
Purchase of pre-owned homes or apartments
Constructing a house on their own land
Extension of the existing land
Repairs and renovations to existing homes/flats
Specific features
Overdraft facility available
Interest concession available to women borrowers
Eligibility
Resident Indians between 18 and 70 years
Maximum loan amount
No limit depends on the LTV ratio
Maximum loan tenure
Up to 30 years
Rate of interest
Loan Amount Slab
Salaried
Self-Employed
Up to 30 Lakhs
8.20%
8.35%
More than 30 Lakhs and up to 75 Lakhs
8.45%
8.60%
More than 75 Lakhs
8.55%
8.70%
Special conditions for interest rates
If LTV > 80% and <= 90% - 0.10% more for loans up to 30 Lakhs.
If the customer falls in Risk Grade 4 to 6 - 0.10% more than the card rate.
Women beneficiaries get 0.50% for all slabs
Overdraft Facility - As applicable to SBI Maxgain
Documents required
KYC, income proof, and property-related documents
SBI Balance Transfer of Home Loan
Purpose
A takeover of existing Home Loan balances from other banks and Housing Finance Companies.
Specific features
Home Loans available as an overdraft facility
Women borrowers get concession in interest rates
Eligibility
Resident Indians 18 years and above up to 70 years
Maximum loan amount
100% of the balance outstanding in the existing Home Loan subject to satisfying LTV ratio.
Maximum loan tenure
Up to 30 years
Rate of interest
Same as that applicable to SBI Regular Home Loan
Documents required
Apart from the KYC, Income proof, and property-related documents, the applicant should submit additional documents related to the BT application.
SBI NRI Home Loan
Purpose
Satisfying the Home Loan requirements of non-resident Indians
Specific features
Overdraft facilities available on the Home Loan
Women borrowers get the benefit of 0.05% on the interest rate
Eligibility
Non-resident Indians, Persons of Indian origin between the ages of 18 and 60 years.
Maximum loan amount
No limit, as the loan amount depends on the demand and the repaying capacity of the individuals.
Maximum loan tenure
Maximum of 30 years
Rate of interest
Same as that applicable to resident Home Loans under the SBI Regular Home Loan product.
Documents required
Specific documents to prove the non-resident status, apart from the regular KYC, income, and property documents.
SBI Flexipay Home Loan
Purpose
A variant of the SBI Regular Home Loan product where you pay the interest alone during the pre-EMI period.
Exclusive product for salaried class, as it allows payment of moderated EMIs in the initial years that increases gradually along with your income.
Resident Indians between 21 and 45 years of age are eligible to apply for this Home Loan product.
The maximum age of the borrower at the maturity of the Home Loan can extend up to 70 years.
Maximum loan amount
No upper limit, as the loan amount depends on the repaying capacity of the borrower subject to the satisfaction of LTV ratio.
Maximum loan tenure
The maximum repayment tenure can go up to 30 years
Rate of interest
8.20% to 8.55%
Documents required
The regular KYC documents, income proof documents and property documents
SBI Privilege Home Loan
Purpose
Exclusive Home Loan product for Government employees, PSBs, PSUs, and other salaried individuals with pensionable service.
Specific features
No processing fee
Interest concessions are available if check-off is provided
Women borrowers get the benefit of 0.05% in the interest rate
Eligibility
Resident Indian between 18 years and 75 years employed in Government service or other eligible organisations mentioned above.
Maximum loan amount
No ceiling on the loan amount
Maximum loan tenure
Can go up to 30 years beyond the age of retirement of the employee
Rate of interest
As applicable to salaried employees - 8.20% to 8.55%
Documents required
Regular documents to prove identity, address, income, and property-related documents.
SBI Shaurya Home Loan
Purpose
Exclusive Home Loan product for the Armed Forces and Defence Personnel in the service of the nation.
Specific features
Zero processing fee
Interest rate benefits if check-off provided
Rate of interest concession to women
Eligibility
Resident Indian between 18 and 75 years of age and employed in the Armed Forces (all types of defence establishments).
Maximum loan amount
No upper limit on the Home Loan amount
Maximum loan tenure
Up to 30 years, even beyond the age of retirement of the employee
Rate of interest
Same as that applicable to salaried employees
Documents required
Standard KYC documents, proof of income, and documents concerning the property to be financed by the bank.
SBI Pre-approved Home Loan
Purpose
This product provides the facility to obtain the in-principle sanction of the Home Loan before finalising the property.
It helps the borrower to select the ideal property within their budget
It improves the negotiating capacity of the borrower
Specific features
Overdraft facilities available on the Home Loan
Interest rate concessions of 0.05% to women
Eligibility
All eligible resident Indians in the age group of 18 to 75 years
Maximum loan amount
No limit depends on income and repaying capacity of the borrower
Maximum loan tenure
Maximum of 30 years
Rate of interest
Same as that applicable to SBI Regular Home Loan borrowers
Documents required
KYC documents and income proof documents at the time of applying for the loan.
Property-related documents after finalising the property and before the disbursal to verify the genuineness of title.
SBI Realty Home Loan
Purpose
Purchase a residential plot intending to construct your dream house within 5 years from the date of sanction of the loan.
The borrower is also eligible to apply for another SBI Home Loan for building the house.
Specific features
Flexible repayment tenures up to 10 years
Interest benefit for women
Eligibility
Indian residents between 18 and 65 years
Maximum loan amount
15 Crores
Maximum loan tenure
Maximum of 10 years
Rate of interest
Loans up to 30 Lakhs
8.90%
Loans more than 30 Lakhs and up to 75 Lakhs
9%
Loan amount higher than 75 Lakhs
9.10%
Special conditions
Persons having a salary account with SBI - 0.05% concession
If construction is not completed within 5 years of sanction of the loan - the rate of interest applicable on the entire investment will be the contracted rate plus 3.95%.
Documents required
Standard KYC documents, Income proof papers, and records related to the purchase of land.
SBI Home Top Up Loan
Purpose
Existing Home Loan customers of SBI can avail this loan for funding any purpose (excluding speculation).
Minimum of one year of satisfactory repayment record, excluding the moratorium period.
Applicants should not have any other top-up loans active on the date of application.
Maximum loan amount
5 Lakhs
Maximum loan tenure
Can extend up to 20 years
Rate of interest
Category
Salaried person
Self-employed
Term Loan
9.15%
9.65%
Overdraft
9.65%
10.15%
Documents required
No documentation required
SBI Insta Home Top Up Loan
Purpose
Pre-selected Home Loan customers can avail of this product to meet all kinds of emergencies.
Specific features
No manual intervention - right from selection of borrower, disbursement of the loan, and setting up of Standing Instruction in the savings account for repayment of instalment.
All processes online through SBI YONO or internet banking
No documentation required
Eligibility
Existing Home Loan customer with a minimum loan amount of 20 Lakhs with an internet banking facility.
The residual term should be a minimum of 5 years
Satisfactory repayment record of 3 years or more
CIBIL Score of 550 or higher
No other active top-up loan
Maximum loan amount
The minimum top-up loan amount is 1 Lakh, and the maximum is 5 Lakhs
Maximum loan tenure
5 years
Rate of interest
9.30% irrespective of gender, occupation, and risk grades
Documents required
No documents required
SBI Corporate Home Loan
Purpose
Home Loans to corporate entities for acquiring or constructing flats or houses in the name of the company for use by employees and directors.
Balance takeover of similar loans from other banks and financial institutions
Specific features
Low processing fees
Eligibility
Corporates who are existing borrowers of SBI or are debt-free
Minimum of 3 years in the line of business
Should have earned a continuous net profit for the previous three years
Loans accounts, if any should be in the Standard Category
Corporate rating of BBB or better for companies having exposure more than 10 Crores.
A credit rating of SR-8 or better for existing units
Maximum loan amount
No limit on the amount of loan
Maximum loan tenure
Flexible loan repayment tenures
Rate of interest
Same as that of SBI Regular Home Loan
Processing fee
0.50% of the loan amount
The minimum amount is 50,000
The maximum fee is 10 Lakhs
Documents required
Applicable SME/C&I loan documents
SBI Home Loan to Non-Salaried - Differential Offerings
Purpose
Exclusive Home Loan product for the non-salaried individuals to meet all housing requirements.
Specific features
Hassle-free loan process
Eligibility
Resident Indian individuals above 18 years of age who do not have a salaried income.
If the applicant is the proprietor of a firm, partner in a partnership concern, or a director in a company, the following conditions apply:
Minimum existence of the firm should be for 3 years
Earned net profit for continuously 3 years
Existing borrowers should be in Standard Category
If the Home Loan is availed in the name of the firm, the company should be a current borrower of SBI or a debt-free entity.
Maximum loan amount
The minimum loan amount is 50,000 with the maximum being 50 Crores
Maximum loan tenure
Up to 30 years
Rate of interest
Loans up to 30 Lakhs
8.35%
Loans > 30 Lakhs and <= 75 Lakhs
8.60%
Loans > 75 Lakhs
8.70%
Documents required
Documents as applicable to non-salaried individual
SBI Tribal Plus Home Loan
Purpose
Home Loan exclusively for people living in tribal and hilly areas
Specific features
Exclusive Home Loan product
No mortgage of land
Third-party guarantee mandatory
Women get benefit in interest rates
Eligibility
Resident Indian aged between 21 and 60 years
The applicant should reside in the hilly or tribal area, and the loan should be for property situated in hilly or tribal areas.
Maximum loan amount
10 Lakhs
Maximum loan tenure
15 years
Rate of interest
Same as applicable to SBI Regular Home Loan product
Documents required
Standard documents as applicable to Home Loans in SBI except for property documents (title documents of agricultural land).
SBI Earnest Money Deposit (EMD)
Purpose
Finance Earnest Money Deposit payment requirements for people booking plots/houses sold by development authorities like DDA, MHADA, HUDA, and other housing boards.
Specific features
Short term loans up to 100% of the EMD
No income criteria
Eligibility
Resident Indian of a minimum of 21 years of age
Maximum loan amount
15 Lakhs for CSP/DSP account holders
10 Lakhs for others
Maximum loan tenure
Not more than 12 months
Rate of interest
11.55%
Processing fee
0.50% of the loan amount with a minimum of 1,000
Documents required
Only KYC documents to prove identity and address
Allotment letter from the development authority demanding payment of EMD.
SBI CRE (Commercial Real Estate) Home Loan
Purpose
Individuals owning 2 or more houses can apply for financial assistance to fund another home.
Specific features
Cannot exceed more than three CRE Home Loans for an individual
The individual should not have more than 5 Home Loans in their name, including the present CRE loan.
Overdraft facility available
Eligibility
Resident Indians between 18 years and 70 years of age
Maximum loan amount
No limit
Maximum loan tenure
Up to 30 years
Rate of interest
As applicable to SBI Regular Home Loan
Processing fee
0.35% of the loan amount with a minimum of 5,000
Documents required
Standard KYC documents, income proof documents, and papers relating to the property.
Pradhan Mantri Awas Yojana
Purpose
Fulfil Home Loan requirements of eligible beneficiaries to purchase or construct the first homes.
Special features
Upfront Interest subsidy
Reduced EMIs
Eligibility
Resident Indians who do not own a house in the name of any member of the family.
The family consists of husband, wife, and unmarried children
Beneficiaries should satisfy all income norms for availing the loan and interest subsidy.
Income eligibility
Category of borrower
Total yearly family income from all sources should not exceed
Economically Weaker Section - EWS
3 Lakhs
Low-Income Group - LIG
6 Lakhs
Middle-Income Group - I
12 Lakhs
Middle-Income Group - II
18 Lakhs
Maximum loan amount
No limit depending on the repayment capacity of the applicant and LTV ratio.
However, loan amount eligible for interest subsidy calculation has a ceiling for each category.
Loan amount ceiling for subsidy
Type of borrower
EWS/LIG
MIG-I
MIG-II
Loan amount eligible for a subsidy
6 Lakhs
9 Lakhs
12 Lakhs
Rate of subsidy
6.5%
4%
3.5%
The maximum amount of subsidy
2.67 Lakhs
2.35 Lakhs
2.30 Lakhs
Rate of interest
Same as SBI Regular Home Loan Product
Documents required
KYC documents
Income documents to prove eligibility under specific categories
Property-related papers
SBI Home Loans - Other Home Loan-related Products
Other Home Loan-related schemes available at SBI
SBI Maxgain
Home Loan in the form of an overdraft facility
Customers repay their EMIs as usual with the DP reducing on the OD account every month.
Rates of interest are as follows:
Loan Amount Slab
Salaried Individual
Self-employed person
Up to 30 Lakhs
8.45%
8.60%
Loans > 30 Lakhs and <= 75 Lakhs
8.70%
8.85%
More than 75 Lakhs
8.80%
8.95%
If the LTV ratio lies between 80% and 90%, the applicable rate of interest for loans up to 30 Lakhs is 0.10% more than the applicable rate.
If the customer falls under Risk Grade 4 to 6, the applicable rate of interest is 0.10% more than the card rates.
Women borrowers get a benefit of 0.05% at each stage
SBI Green Home Loans
Unique Green Banking Policy of SBI
Incentivise borrowers who go in for Green Projects that reduce carbon emissions and promote renewable energy.
Pre-EMI Interest by Builders Scheme
Reputed builders undertake to service the pre-EMI interest at stipulated rates of interest.
This product allows the borrower to accumulate the gap in the pre-EMI interest portion and capitalise the same. Alternatively, the borrower can repay the pre-EMI interest difference amount separately.
The payment of regular EMI starts after the end of the moratorium
Product available only where the builder has a tie-up with SBI
SBI Suraksha
Finance options for the insurance premium linked to the Home Loan in case the customer opt to avail SBI Life cover.
SBI Home Loan - Documents Required
SBI has a simplified documentation procedure. The applicants should submit the following sbi home loan documents when applying for a Home Loan.
KYC Documents - Common to all individual borrowers
Employer ID Card - wherever applicable
Fully completed Home Loan application form along with 3 passport-sized photos
Identity proof documents should include one of the following:
PAN card
Passport
Driving Licence
Voter's ID card
Proof of residence can consist of one of these documents:
Copy of the latest utility bill such as electricity bill, water bill, piped gas bill, telephone bill
Passport
Driving licence
Aadhar Card
KYC Documents for NRI borrowers - Additional documents apart from the ones listed above
Attested copy of valid passport and visa
Address proof for the overseas address
In the case of persons employed in the Merchant Navy - Copy of the Continuous Discharge Certificate.
In the case of PIOs - PIO card issued by the Government of India
All documents should be attested by the representative offices of Indian Embassy or Consulates or Overseas notary public or officials of the branch/sourcing entities based in India.
KYC Documents about non-individual borrowers
Partnership Firm should provide a copy of the partnership deed, registration certificate, PAN card of the firm.
Companies should provide Certificate of incorporation, MOA, AOA, Board Resolution, shareholding pattern certified by CA.
Copies of GST registration or any other document to demonstrate the continuity of business
SBI can call for any other document it deems fit to satisfy itself about the identity and residential status of the borrower.
Income Proof Document - Salaried individuals
Payslip of Salary certificate detailing the salary received during the last 3 months
Copy of Form 16 for 2 years
IT returns for two years, if applicable
Income Proof Document - Non-salaried individuals
Proof of business address
Business profile in brief
Income Tax Return statement for the previous 3 years
Financial Statements for 3 years
Business Licence details or its equivalent papers
TDS Certificates such as Form 16A or Form 26AS
Professional qualification certificate in the case of self-employed professional applicants
Additional Income Proof documents - Common to both categories
Statement of bank account for the last 6 months to evidence credit of salary or income
If the applicant has any outstanding loans, the statement of loan account for the past year
Income Proof Documents - Non-resident Indian salaried individuals
Valid work permit
Contract of Employment - In case the contract is in a language other than English, the NRI should enclose an
English translation copy duly certified by the Embassy or Foreign office.
Payslip or salary certificate for the last 3 months
Statement of account in the bank showing credit of salary amounts for the previous 6 months
The originals of the latest salary slip
Copy of the employee ID card
IT returns wherever applicable
Income Proof Documents - Non-resident Indian self-employed persons
Proof of business address
In the case of independent professionals/businesspersons - proof of income
Financial statements for the last 2 years (audited by CA)
Latest two years IT returns wherever applicable
Six months bank account statement in the individual's name and the name of the business
Property-related documents
Permission for development of property - wherever applicable
Registered agreement for sale - in Maharashtra only or Allotment letter or Stamped agreement for sale.
In the case of ready to move property - Occupancy certificate
Share Certificate (in Maharashtra only), maintenance bill, electricity bill, or property tax receipt
Copy of the approved plan and the registered construction/development agreement between the applicant and the builder.
Conveyance deed - in the case of new property
Receipts of payments made to the seller or builder
An estimate of repairs and renovations wherever applicable
Any other document required by SBI Home Loans
Specific Documents required in Balance Transfer Cases
List of original documents held at the bank or financial institution
Loan account statement for the past 1 year
Sanction letter copy of the existing Home Loan
Interim period security
SBI Home Loans - Processing Fee
40% of the loan amount with a minimum of 10,000 and a maximum of 30,000
This amount includes the advocate and valuer fee
Specific products do not have any processing fee
SBI Home Loans - Other Products
Apart from Home Loans, SBI Home Loans offers the following additional products:
Loan Product
Ideal for
Maximum loan
Rate of Interest
Maximum tenure
Loan Against Property
Fulfilling personal requirements such as education, healthcare, marriage, and business needs.
No limit
9.90% to 10.75%
15 years
Reverse Mortgage
An additional source of recurring income for senior citizens who have self-acquired and self-occupied home in India.
Minimum 3 Lakhs and maximum 1 Crore
10.15%
10 to 15 years
FAQs
Yes, SBI loads a minimum of 0.20% on the EBR when sanctioning Home Loans. The premium depends on various factors.
The occupation of the borrower - Salaried customers, have an advantage, as self-employed persons have to contend with a higher premium.
The credit rating of the borrower - SBI evaluates every borrower according to its laid down procedure. Customers who fall in the Risk Grade 4 to 6 have to pay 0.10% more than the applicable card rate.
The loan amount - SBI has three different slabs for the loan amount. The loans up to 30 Lakhs attract the least premium whereas those over 75 Lakhs have the highest premium.
Women borrowers get the benefit of 0.05% on the interest rate structure at each level
The new interest rate structure linked to the EBR applies to all new borrowers. Existing borrowers can also migrate from the MCLR interest rate structure to the EBR.
Yes, the existing borrowers who wish to migrate to the EBR structure should pay a one-time switchover fee of 5,000.
Updated On Apr 27, 2026
Written By
Written By Reshma RawatAssistant Content ManagerCredit Cards, Credit Score, Personal Loan, Home Loan, etc.
Reshma Rawat is a passionate writer with a decade of experience in writing for a variety of domains (finance, technology, lifestyle, e-commerce, real estate, etc.). Currently, she is working as Assistant Manager - Content @MyMoneyMantra and writes blogs & webpages on financial products (loans, credit cards, insurance, government financial policies, mutual funds, etc.).
Written By Abhijeet SinghSenior EditorCredit Cards, Credit Score, Personal Loan, Home Loan, etc.
Abhijeet Singh has comprehensive experience in business writing, content management, SEO, social media and user analytics. Key areas of expertise include stock markets and personal finance.
