SBI Regular Home Loan
SBI Home Loans is the country's largest home loan. It's helped 30 lakh households buy a home.
-
30 Years
of Maximum Tenure
5 bps
Concession for Women Borrowers
Nil
Prepayment Penalty
Interest Rates:
CIBIL Score Term Loan (p.a.) Maxgain (p.a.)
>=800 7.55% 7.95%
750-799 7.65% 8.05%
700-749 7.75% 8.15%
650-699 7.85% 8.25%
550-649 8.05% 8.45%
NTC/No CIBIL Score/-1 7.75% 8.15%
Loan to Value Ratio:
For Loan Upto 35L: 90%
For Loan 35L-75L : 80%
For Loan above 75L- 75%
Concession of 5 bps for Women borrowers subject to minimum EBR-7.55%
EBR-External Benchmark based Lending Rate
Bps-One basis point is one-hundredth of a percentage point
The verdict
- SBI Regular Home Loan provides home loan with comparatively low interest rates & nil prepayment penalty, It also gives special concession to women borrowers but the documents required are too many & processing fees on the loan is also not clear , so if you have all the documents and exact processing fees in not an issue you can go apply for this home loan.
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How to get
Click Apply Now & fill the form & agent from bank will contact you.
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