SBI Home Loan: Rates, Eligibility & Fees 2026
State Bank of India offers home loans to buy, build or renovate a home. Butter Money compares SBI's offer with similar lenders for your profile and handles the paperwork with you until disbursal.
Interest Rate
7.50%
p.a. onwards
Max Tenure
30 Years
Max LTV
Up to 75%
Rates updated 22 Oct 2026 from Butter's lender rate data · SBI's official rates
Zero Hidden Charges
Transparent pricing you can trust
Fast Approval
Quick approvals with less paperwork
Loan Assistance
Expert guidance at every step
Exciting Cashbacks
Save more with exclusive offers
What stands out with SBI
- Home loan overdraft option to park surplus funds and save interest
- 0.05% lower rate when a woman is the primary applicant
- Home loans for NRIs buying in India
- Repayment holiday (moratorium) available on under-construction homes
- Tenure up to 30 years
SBI home loan at a glance
| Lender type | Public sector bank |
| Starting rate | 7.50% p.a. onwards |
| Products | Home loan, Plot, Construction, Balance transfer, Overdraft home loan |
| Funding (LTV) | Up to 75% of the property's value, within RBI's caps |
| Prepayment | Nil on floating-rate loans |
| NRI loans | Available |
SBI Interest Rates, October 2026
By product, CIBIL score & applicant type
| CIBIL Score | Salaried | Self Employed |
|---|---|---|
| New to credit | 8.10% onwards | 8.20% onwards |
| 800 and above | 7.50% onwards | 7.50% onwards |
| 650–699 | 8.45% onwards | 8.55% onwards |
| 700–749 | 8.00% onwards | 8.10% onwards |
| 750–799 | 7.70% onwards | 7.80% onwards |
| Below 650 | 8.75% onwards | 8.85% onwards |
| CIBIL Score | Salaried | Self Employed |
|---|---|---|
| New to credit | 8.60% onwards | 8.70% onwards |
| 800 and above | 8.00% onwards | 8.00% onwards |
| 650–699 | 8.95% onwards | 9.05% onwards |
| 700–749 | 8.50% onwards | 8.60% onwards |
| 750–799 | 8.20% onwards | 8.30% onwards |
| Below 650 | 9.25% onwards | 9.35% onwards |
Starting rates for each CIBIL band. Women primary applicants get 0.05% lower. Your final rate also depends on the loan amount, property and profile. Updated 22 Oct 2026.
Fees & Charges
SBI vs Similar Lenders
Public sector banks with the closest rates
| Lender | Best Suited For | Interest Rate |
|---|---|---|
| SBI (this page) | Public sector bank | 7.50% onwards |
| Bank of Baroda | Public sector bank | 7.35% onwards |
| Punjab & Sind Bank | Public sector bank | 7.30% onwards |
| Bank of Maharashtra | Public sector bank | 7.25% onwards |
SBI Home Loan EMI Calculator
Move the sliders to see how the loan amount, interest rate and tenure change your monthly EMI and total interest outgo at SBI's rates.
Illustrative calculation based on the selected rate. The rate defaults to 7.5% p.a., the best applicable starting rate. Your actual EMI depends on the rate offered to you.
A ₹50 lakh SBI home loan over 20 years at 7.50% costs ₹40,280 a month, or ₹46,67,118 in total interest. Every 0.25% higher adds about ₹768 a month.
SBI Home Loan FAQs
What is the SBI home loan interest rate?
SBI home loan rates start at 7.50% p.a. for the strongest credit profiles and rise for lower CIBIL scores, and women primary applicants get 0.05% lower. Your final rate also depends on the loan amount, property and income.
Can I prepay my SBI home loan without charges?
Yes, on a floating-rate home loan. RBI rules do not allow SBI to charge individual borrowers for part-prepayment or foreclosure of floating-rate home loans.
How much of the property value will SBI fund?
SBI funds up to 75% of the property's value, within RBI's caps (up to 90% for loans up to ₹30 lakh, 80% for ₹30–75 lakh and 75% above ₹75 lakh). You pay the rest as your own contribution.
Rates updated 22 Oct 2026 from Butter's lender rate data. Final terms are set by SBI at sanction. Source: State Bank of India.