29/09/2021, 17:42 Home Loans Interest Rates (Current) - Interest Rates

 
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Interest Rates | Deposit Rates | Reinvestment Plan | SBI NRI Services - Interest Rates Show More 

HOME LOANS: FLOATING INTEREST CARD RATES W.E.F.01.05.2021

(A)- HOME LOAN INTEREST CARD RATE STRUCTURE (FLOATING) : EBR 6.65%

LOAN AMOUNT SALARIED

Home Loans Interest Rates
(Current)   TERM LOAN MAXGAIN

EBLR+ 15 bps

Home Loans Interest Rates EBLR+ 50 bps

Up to Rs 30 Lacs ER: 6.80%

(Current) ER: 7.15%

(ER: Effective Rate)

EBLR+ 40 bps
EBLR+ 75bps

Above Rs 30 Lacs to Rs 75 Lacs

ER: 7.05% ER: 7.40%

EBLR+ 50bps
EBLR + 85bps

Above Rs 75 Lacs
ER: 7.15% ER: 7.5%

A premium of 15 bps will be added to the Card Rate for Non-Salaried Customers.

A premium of 10 bps will be added to the Card Rate for Loan up to Rs 30 Lacs if LTV ratio is >80% & <=90%.

A premium of 10 bps will be added to the Card Rate for customers falls under RG (4 to 6)

05 bps concession will be available to women.

05 bps concession will be available for digitally sourced loan in YONO

Premium of Non Salaried Customers,Risk Grade 04 to 06, Loan up to Rs 30 Lacs if LTV ratio is >80% &
<=90% and concession for women customers will be clubbed with Card Rate/ other premium for arriving at
Final Rate for the customer.

EBR 6.65%

Product Applicable Interest Rate

Tribal Plus Scheme An additional 10 bps will be added to the Final Rate

Home loan to Employees of Kerala Government

EBR+15 bps, ER:6.80%
scheme

An additional 50 bps premium will be added to the

CRE Home Loan
Final Rate

SBI Privilege and Shaurya Schemes EBR 6.65%

(a) Where check-off facility is provided by the Government Department / Defense

Establishment under tie-up with our Bank –

SBI Privilege and Interest rate applicable to women will be applicable to men/others.

Shaurya Schemes (b) Where check-off facility is not available–

Interest rates as applicable to others category will be applicable after taking into
consideration the LTV Ratio, Risk Grade, gender and limit.

SBI REALTY LOANS

For First Five Years EBR 6.65%

LOAN AMOUNT Applicable Interest Rate

EBLR+ 85 bps

Up to Rs 30 Lacs
ER: 7.50%

EBR +95 bps

Above Rs 30 Lacs to Rs 75 Lacs

ER: 7.60%

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29/09/2021, 17:42 Home Loans Interest Rates (Current) - Interest Rates

EBR + 105 bps

Above Rs 75 Lac
ER: 7.70%

A premium of 10 bps will be added to the Card Rate for customers falls under Risk Grade 04 to 06.

05 bps concession will be available to women

A premium of 05 bps will be added for the customers who is not having salary account with SBI

(B)- HOME TOP UP CARD INTEREST RATE STRUCTURE (FLOATING) : EBR 6.65%

  Applicable Interest rate

  Term Loan Overdraft

EBR + 85 bps

Up to Rs. 20lacs ER: 7.50% N. A.

 

EBR + 105 bps
EBR + 175 bps

Above Rs.20 lacs and up to Rs.1 crore

ER: 7.70% ER: 8.40%

EBR + 125 bps
EBR + 200 bps

Above Rs.1 crore and up to Rs.2crores

ER: 7.90 % ER: 8.65 %

EBR + 170 bps

Above Rs.2 Crores and up to Rs.5 Crores  

ER: 8.35%

EBR + 290 bps

Above Rs.5 crores  

ER: 9.55%

A premium of 15 bps will be added to Card Rate for Non-Salaried Customers.

A premium of 10 bps will be added to the Card Rate for customers falls under Risk Grade 04 to 06.

Premium of Risk Grade 04 to 06 will be clubbed with other premium for arriving at final Rate for the
customers.

EBR 6.65%

INSTA HOME TOP UP LOAN (Rs 01 Lacs to Rs 155 bps above EBR, irrespective of Risk Grades, Gender and
05 Lacs) occupation

EBR 6.65%

SMART HOME TOP UP LOAN Applicable Interest Rate

  SALARIED NON-SALARIED

EBR + 140bps
EBR + 190 bps

TERM LOAN
ER: 8.05% ER: 8.55%

EBR + 190 bps

EBR + 240 bps

OVERDRAFT
ER: 8.55% ER: 9.05%

(C)- PERSONAL LOAN AGAINST PROPERTY (P-LAP) : EBR 6.65%

Applicable
   
Interest rate

 
 
Personal Loan Against Property (P-LAP)
EBR + 215 bps

i) Salaried (where more than 50% of NMI is coming Up to Rs. 1crs

ER: 8.80%
from salary income) and Non-Salaried (where more  
 
than 50% of NMI is coming from Business/
Profession or rental income income), If the
residential property is self-Occupied Above Rs. 1 cr & up to EBR + 265 bps

Rs. 2 crs. ER: 9.30%

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29/09/2021, 17:42 Home Loans Interest Rates (Current) - Interest Rates

 
 
EBR + 225 bps

Personal Loan Against Property (P-LAP)

Up to Rs. 1crs
ER: 8.90%
ii) Salaried (where more than 50% of NMI is coming  
 
from salary income), If the residential property is
not self-Occupied/ commercial property
Above Rs. 1 cr & up to EBR + 275 bps

Rs. 2 crs. ER: 9.40%

Personal Loan Against Property (P-LAP)

 
iii) Non-Salaried (where more than 50% of NMI is  
EBR + 280 bps

coming from Business/ Profession or rental income Up to Rs. 2 crs

income), If the residential property is not self-
ER: 9.45%
 
 
Occupied/ commercial property

Personal Loan Against Property (P-LAP)

   
iv) Salaried and Non-Salaried (where more than 50%
Above Rs 2 crs and Up to EBR + 300 bps

of NMI is coming from Business/ Profession or

rental income income), If the residential property is
Rs 7.5 crs ER: 9.65%
   
not self-Occupied/ commercial property

(D)- SBI BRIDGE LOAN : EBR 6.65%

  Applicable Interest rate

EBR + 285 bps

FOR FIRST YEAR

ER: 9.50%

EBR + 385 bps

FOR SECOND YEAR

ER: 10.50%

(E)- EMD SCHEME : EBR 6.65%

  Applicable Interest rate

EBR + 380 bps

EMD SCHEME
ER: 10.45%

(F)- REVERSE MORTGAGE LOANEBR EBR 6.65%

  Applicable Interest rate

EBR + 240 bps

For Public
ER: 9.05%

EBR + 140 bps

For SBI Pensioners

ER: 8.05%

Last Updated On : Friday, 30-04-2021

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29/09/2021, 17:42 Home Loans Interest Rates (Current) - Interest Rates

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