SBI Home Loan Interest Rates 2022

❴SHARE THIS PDF❵ FacebookX (Twitter)Whatsapp
REPORT THIS PDF ⚐

SBI Home Loan Interest Rates 2022

SBI home loan interest rates are in the range of 6.80% to 7.35%, with special discounted rates for specific categories of borrowers such as women borrowers for whom the bank offers the lowest interest rate of 6.80%.

Latest SBI home loan interest rate starts from 6.80% , as applicable based on the RLLR which is directly linked to RBI repo rate. Any change in repo rate will change the RLLR and will translate into a similar change in the bank’s home finance rate. SBI housing finance interest rate depends upon the loan amount, salary and occupation of the borrower, nature of property and type of home loan scheme.

SBI Home Loan Rates 2022

LOAN AMOUNT SALARIED
  TERM LOAN MAXGAIN
Up to Rs 30 Lacs EBLR+ 15 bps
ER: 6.80%
(ER: Effective Rate)
EBLR+ 50 bps
ER: 7.15%
Above Rs 30 Lacs to Rs 75 Lacs EBLR+ 40 bps
ER: 7.05%
EBLR+ 75bps
ER: 7.40%
Above Rs 75 Lacs EBLR+ 50bps
ER: 7.15%
EBLR + 85bps
ER: 7.5%
  • Loan amount: SBI home loan rate depends upon the loan amount you apply for.
  • Occupation: SBI offers lower rate for salaried borrowers as compared to self employed borrowers.
  • Salary: Income helps in identifying the amount of loan that you can be eligible for. Bank’s rate varies with your monthly income. Higher the income, lesser will be the rate as higher will be the loan amount.
  • Gender: SBI also offers discounted or special rates for women borrowers to ensure that women own a house and become financially independent. If you are planning to take a loan, adding a women co-applicant can help you get the lowest rates from SBI.
  • Type of loan: SBI runs several special schemes for its borrowers. So for example if you opt for an overdraft scheme or a plot loan, you may required to pay a higher rate of interest vis-à-vis its regular home loan scheme.
  • Existing customers: SBI offers lower home loan rates to its existing bank account customers as compared to new bank customers, as it understands the past banking history of the customer and hence, is comfortable in sanctioning loans.
2nd Page of SBI Home Loan Interest Rates 2022 PDF
SBI Home Loan Interest Rates 2022

SBI Home Loan Interest Rates 2022 PDF Free Download

REPORT THISIf the purchase / download link of SBI Home Loan Interest Rates 2022 PDF is not working or you feel any other problem with it, please REPORT IT by selecting the appropriate action such as copyright material / promotion content / link is broken etc. If this is a copyright material we will not be providing its PDF or any source for downloading at any cost.

SIMILAR PDF FILES