Apply for SBI Bank Home Loan Back

Tenure Range

1 to 30 Years

Processing Fee

₹ 0 till December 2018

Interest Rate Range

8.45% to 9.00%

Rs.

SBI Bank Home Loan Interest Rate 2018

SBI Bank Home Loan Interest Rate 2018
Interest Rate 8.45% to 9.00%
Processing Charges ₹ 0 till December 2018
Loan Tenure 1 to 30 Years
Loan Amount 5 Lakhs to 10 Crore
Cheque Bounce Charges Rs. 500 per instance
Cheque / Instrument Swap Charges Rs. 500 per instance
Prepayment or Foreclosure Charges Nil if floating, upto 2% for fixed rate

Documents for SBI Bank Home Loans

Following documents are required for loan approval -

Know your customer (KYC) formalities:

  • 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) Additional documents required for salaried persons Additional documents required for Professionals/self- employed/ other IT assesses
Personal Assets and Liabilities Statement Original Salary Certificate from employer Acknowledged copies of three years I.T. returns/ Assessment Orders.
2 passport size photographs TDS certificate on Form 16 or copy of IT Returns for last two financial years, duly acknowledged by IT Deptt. Photocopies of challans evidencing payment of Advance Income Tax.
Proof of identification as above
Proof of residence as above
Proof of business address as above
Signature identification from his/her present bankers