SBI Home Loan

SBI Home Loan Interest Rates 2026

SBI offers floating-rate packages on their home loan. SBI interest rates are pegged to floating interest card rate which currently stands lowest at 7.25% p.a.

SBI Home Loan Interest Rate - Scheme Wise

Note: As per a notification sent by the Reserve Bank of India (RBI), the interest rate External Benchmark (EBLR) may be reset by the bank as per the extant guidelines of the bank that are in force from time to time. Earlier, the EBLR was reset by the bank on the first day of the calendar quarter.

The interest rates are effective from 15 December 2025.

The interest rates mentioned in the table above are based on CIBIL score. For more information, contact the bank.

• Female borrowers are eligible for a concession of 5 bps subject to a minimum EBLR.
• For loan amounts of more than Rs.2 crore and less than Rs.20 lakh under the Overdraft category, top-up loans are not available
• A premium of 10 bps will be applicable to loan amounts of up to Rs.30 lakh in the case of LTV of more than 80% to 90%.

Compare: Home Loan Interest Rate all Banks

Compare SBI Home Loan Interest Rate with other Banks

SBI Home Loan EMI Calculator

Before taking a home loan from SBI, it'd be a good idea to check whether you will be able to pay the monthly instalments. The easiest way to do this is to use Home Loan Calculator. Just enter the proposed loan amount, the tenure of the loan, the interest rate the bank is offering you, and the processing fee. Not entering the processing fee will not affect your results, but the other three inputs are mandatory to get precise results.

SBI Home Loan EMI Calculation

*Interest rate of 7.50% p.a. has been taken into consideration for this loan EMI illustration. However, the final rate offered is solely at the discretion of the bank. Your final EMI amount can vary based on the rate offered to you by the bank.

SBI Home Loan Schemes

• SBI Regular Home Loan
  • Interest rate: 7.25% p.a. onwards
  • Processing fee: 0.35% of the loan amount (min. Rs.2,000; max. Rs.10,000)
  • 5 bps lower interest rate for women
  • Zero charges on pre-payments
  • Available for applicants aged between 18 and 70
• SBI Flexipay Home Loan
  • Processing fee: 0.35% of the loan amount (min. Rs.2,000; max. Rs.10,000)
  • Choice to repay just the interest component during the pre-EMI period
  • Step-up EMIs in the following years
  • 20% improvement in home loan eligibility for younger professionals
• SBI Tribal Plus
  • Interest rate: At the discretion of the bank
  • Processing fee: 0.35% of the loan amount (min. Rs.2,000; max. Rs.10,000)
  • Specially for people living in tribal areas or hilly areas
  • Repayment tenure of a maximum of 15 years
  • Land mortgage not required; third-party guarantor allowed
• SBI Home Loan to Non-Salaried Differential offerings
  • Contact the bank to find out the interest rate offered
  • Processing fee: 0.35% of the loan amount (min. Rs.2,000; max. Rs.10,000)
  • Exclusive scheme for individuals who have an income but do not earn a monthly salary
  • Special offers on loans for buying a new residential unit, constructing a house, renovating or repairing your house, or transferring your loan from another bank
  • Available for proprietors, partners, and directors of companies as well
  • Loan amounts ranging between Rs.50,000 and Rs.50 crore
• SBI Pre-Approved Home Loan (PAL)
  • Interest rate: At the discretion of the bank
  • Processing fee: 0.35% of the loan amount (min. Rs.2,000; max. Rs.10,000)
  • Loan sanctioned before a property is finalised
  • Gives you more negotiating power with the seller or builder
  • Benefits similar to that of the SBI Regular Home Loan
• SBI Earnest Money Deposit (EMD)
  • Processing fee: 0.5% of the loan (min. Rs.1,000)
  • Funds to pay the advance amount for booking a house or plot
  • Can only be taken to pay booking amount for houses/plots sold by urban development authorities, housing boards, and other government entities
  • Short-term loans of one year
• SBI NRI Home Loan
  • Contact the bank to find out the interest rate offered
  • Processing fee: 0.35% of the loan amount (min. Rs.2,000; max. Rs.10,000)
  • Specifically for Non-Resident Indians (NRIs) to buy a house in India
  • Discount on interest rate for women applicants
  • No extra fees or interest rates when compared with Regular Home Loan
• SBI Realty Home Loan
  • Processing fee: 0.35% of the loan amount (min. Rs.2,000; max. Rs.10,000)
  • Meant for purchase of a plot of land to construct your own house
  • Borrowing limit of up to Rs.15 crore with repayment tenures of up to 10 years
  • Option to take a separate SBI home loan for the actual construction
• SBI Commercial Real Estate (CRE) Home Loan
  • Processing fee: 0.35% of the loan amount (min. Rs.5,000)
  • Curated scheme for people who already own two or more houses and want to buy more
  • Max. 3 houses can be bought under this scheme
  • Benefits such as lower interest rate for women and overdraft facility available
• SBI Reverse Mortgage Loan
  • Interest rate: 10.30% p.a.
  • Processing fee: 0.50% of the loan amount (min. Rs.2,000; max. Rs.20,000)
  • Specifically for senior citizens with a property owned or occupied by them
  • Helps generate or supplement income after retirement
  • Loan need not be repaid during the borrower's lifetime
• SBI Pradhan Mantri Awas Yojana Subsidy Scheme - If you meet the eligibility criteria of PMAY, then you can apply for it through SBI's home loans such as the Regular Home Loan, Flexipay Home Loan, Privilege Home Loan, and others. Check with the bank whether you can apply for PMAY on your existing or new home loan.
  Pradhan Mantri Awas Yojana can help you save money on your first house. Under the scheme, you can get subsidy of up to Rs.2.67 lakh. The subsidy is available to individuals earning up to Rs.18 lakh per year. The maximum loan tenure can be 20 years.
• SBI Surakhsha - State Bank of India's SBI Suraksha is a life insurance policy linked to the bank's home loan. The premium of this life insurance policy is paid by the bank. The repayment duration is the same as the tenure of the home loan as Equated Monthly Instalments (EMI). This is available to new home loan customers and also to existing home loan customers who have chosen the SBI Life Cover.

SBI Home Loan Eligibility Requirements

The loan eligibility criteria for SBI home loans are as given below:

• Eligible Age: Minimum: 18 years; Maximum: 70 years
• Nationality: Resident and Non-resident Indian

Documents Required for SBI Home Loan Application

General for all applicants:

• Duly filled in loan application form
• Three passport-size photographs
• Proof of Residence (one): Latest utility bill or copy of Aadhaar card, driving licence, or passport Proof of identity (one): Voter ID card, PAN, driver's licence, or passport
• Employer identity card

Proof of income for salaried applicant/guarantor/co-applicant:

• Salary certificate or salary slips for the previous three months
• Copy of IT Returns for the previous two financial years or
• Copy of Form 16 for the previous two years

Proof of income for non-salaried applicant/guarantor/co-applicant:

• IT returns of the previous three years
• Balance Sheet of the previous three years
• Profit & Loss account of the previous three years
• Details of business license or equivalent
• Form 16A or TDS certificate, if applicable
• For professionals: Certificate of qualification
• Proof of business address

Account statement:

• Bank account statements of the previous six months for all bank accounts held by applicant
• Loan account statement of the previous one year if another loan is currently active

Property papers:

• Copy of approved blueprint
• Occupancy Certificate (for ready-to-move property)
• Conveyance Deed (For New Property)
• Permission for construction (where applicable)
• Stamped Agreement for Sale or Allotment Letter Maintenance bill
• Electricity bill
• Property tax receipt
• Approved Plan copy (Xerox Blueprint) & Registered Development Agreement of the builder, Conveyance Deed (For New Property)
• Bank account statements or payment receipts of payments to seller or builder
• Registered Agreement for Sale (for Maharashtra)
• Share Certificate (for Maharashtra)

How to Apply for SBI Home Loan

You can apply for a home loan from SBI in two simple ways:

1. Offline: Visit the nearest branch of the bank with all the required documents, request the application form, fill it in correctly, and submit it to the bank official.
2. Online: Visit the official website of SBI and apply online leaving your contact details on the application form. You will receive a call back from the bank's representative.

SBI Home Loan Customer Care

You can contact SBI home loan customer care through the following ways:

Toll-free number: 1800-11-2018

Postal Address:

Real Estate and Housing Business Unit,

State Bank of India, Corporate Center

Madame Cama Road,

State Bank Bhavan, Nariman Point,

Mumbai-400021

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