Does SBI charge a processing fee?

Yes. SBI charges a processing fee as per the applicable home loan scheme.

Are there prepayment charges?

No. SBI does not charge prepayment penalties on floating-rate home loans.

Yes. SBI offers home loans for eligible under-construction properties.

SBI Home Loans offer repayment tenures of up to 30 years.

Buy, build, or renovate your home with SBI Home Loan. Enjoy competitive interest rates, flexible repayment options, and tenures of up to 30 years.

Interest Rate

8.40% p.a. onwards

Processing Fee

Up to 0.35%

Max Tenure

30 Years

Max LTV

Up to 90%

Instant eligibility check within 2 minutes

100% digital and paperless process

Dedicated loan expert for your application

Higher chances of approval with smart matching

Exclusive cashback on processing fees

SBI Home Loan helps you buy, construct, renovate, or transfer your home loan with competitive interest rates and flexible repayment options.

Loan tenure up to 30 years

No prepayment charges on floating-rate loans

Home purchase & construction loans

Balance transfer facility available

Interest concession for women borrowers

Wide SBI branch network

Based on CIBIL Score & Applicant Type

Processing FeeUp to 0.35% of loan amount

Prepayment PenaltyNil for floating-rate loans

Legal & Valuation FeeAs per actuals

Late Payment PenaltyApplicable on overdue EMI

Find the right product for your needs

Scheme Name	Best Suited For	Interest Rate
SBI Regular Home Loan	Home purchase or construction	8.40% onwards
SBI Maxgain	Overdraft-linked home loan	8.75% onwards
SBI Realty	Plot purchase	8.60% onwards
SBI Privilege / Shaurya	Govt & Defence personnel	8.40% onwards