SBI Realty Home Loan: How to Apply, Interest rate 7.50%


SBI Realty Home Loan provides an opportunity to the customer to buy a plot for the construction of a residential unit. Home construction loan should be done within 5 years of sanction. The customer can also get a second home loan to build a house on a financial plot under SBI Realty Loan. The maximum loan amount that can be repaid to the customer is Rs. 15 crores with 10 years comfortable payouts.

SBI Realty Home Loan

SBI Realty Home Loan Features

  • First is Low Interest Rates
  • Very low Processing Fee
  • No Hidden Charges
  • No Pre Payment Penalty
  • Interest charges on Daily Reducing Balance
  • Repayment up to 10 years
  • Interest Concession for Women Borrowers

SBI Realty Home Loan Eligibility

  • Resident Type: Resident Indian
  • Minimum Age: 18 years
  • Maximum Age: 65 years
  • Loan Tenure: up to 10 years.

Check maximum amount of your loan eligibility click here



SBI Realty Home Loan Interest Rate

LOAN AMOUNT Interest Rate
Up to Rs 30 Lacs EBR+85 bps 7.50%
Above Rs 30 lacs to Rs.75 Lacs EBR+95BPS 7.60%
Above Rs 75 Lacs EBR+105BPS 7.70%

A premium of 10 bps will be added to the Card Rate for customers falls under Risk Grade 04 to 06.
➢ EBR 6.65%
➢ 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.

SBI Realty Home Loan Fees

Consolidated Processing Fee structure (including Advocate Fee and Valuer Fees) will be as under:

“0.40% of the loan amount plus applicable GST subject to a minimum of Rs 10000/- and maximum of Rs 30000/- plus GST.

However, for builder tie up projects where individual TIR and Valuation Is not required: 0.40% of loan amount subject to max. recovery of Rs. 10000/- plus applicable tax.

And, if TIR and Valuation is required, then normal charge as mentioned above will be applicable.

SBI Realty Home Loan Documents

List of papers/ documents applicable to all applicants:

  • Employer Identity Card
  • Completed loan application
  • 3 Passport size photographs
  • Proof of identify (photo copies of Voters ID card/ Passport/ Driving licence/ IT PAN card)
  • Proof of residence (photo copies of recent Telephone Bills/ Electricity Bill/Property tax receipt/ Passport/ Voters ID card)
  • Proof of business address for non-salaried individuals
  • Statement of Bank Account/ Pass Book for last six months
  • Signature identification from present bankers
  • Personal Assets and Liabilities statement

For guarantor (wherever applicable):

  • Personal Assets and Liabilities Statement
  • 2 passport size photographs
  • Proof of identification as above
  • Proof of residence as above
  • Proof of business address as above
  • Signature identification from his/her present bankers

Additional documents required for salaried persons:

  • Original Salary Certificate from employer
  • TDS certificate on Form 16 or copy of IT Returns for last two financial years, duly acknowledged by IT Deptt.

Additional documents required for Professionals/self- employed/ other IT assesses:

  • Acknowledged copies of three years I.T. returns/ Assessment Orders.
  • Photocopies of challans evidencing payment of Advance Income Tax


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