SBI Home Loan fulfills our dream of owning your own house. SBI Home Loan Interest Rate charged is quite attractive and low. Currently, SBI Home Loan Interest Rate 2019 starts from 8.35%* which is the lowest prevailing home loan rate in India. The current SBI Home Loan Interest Rate is linked with the repo rate so, the interest amount is quite low. Also, SBI Home Loan Interest Rate for existing customers is quite low, so the EMI repayment amount is also low. On top of that SBI Home Loan Interest Rate for women applicant is lower than the male applicant. Based on your income, credit score and employment type, current SBI Home Loan Interest Rate amount depends.

SBI Home Loan Interest Rate 2019 begins from 8.35%*. The loan amount depends on your eligibility criteria and the tenure extends up to 30 years. The processing applicable along with current SBI Home Loan Interest Rate is up to 0.35%.

SBI Home Loan Interest Rate	8.35%* onwards
Processing Fees	0.35% of the loan amount or Rs. 10,000+GST
Tenure	30 years
Amount of Loan	Customized

For Loan amount up to Rs. 30 lakhs, with 1 year MCLR- 8.25%

Employment Type	Particulars	SBI Home Loan Interest Rate for Women	SBI Home Loan Interest Rate for Others
Salaried Applicants	LTV less than equals 80	8.35% (1 year MCLR+10 bps)	8.40% (1 year MCLR+15 bps)
	LTV greater than 80 and less than or equals to 90	8.45% (1 year MCLR+20 bps)	8.50% (1 year MCLR+25 bps)
Non-Salaried Applicants	LTV less than equals 80	8.50% (1 year MCLR+25 bps)	8.55% (1 year MCLR+30 bps)
	LTV greater than 80 and less than or equals to 90	8.60% (1 year MCLR+35 bps)	8.65% (1 year MCLR+40 bps)

For Loan amount ranging between Rs. 30 lakhs to Rs. 75 lakhs with 1 year MCLR- 8.25%

Employment Type	Particulars	SBI Home Loan Interest Rate for Women	SBI Home Loan Interest Rate for Others
Salaried Applicants	RG- 1,2,3	8.60% (1 year MCLR+35 bps)	8.65% (1 year MCLR+40 bps)
	RG- 4,5,6	8.70% (1 year MCLR+45 bps)	8.75% (1 year MCLR+50 bps)
Non-Salaried Applicants	RG- 1,2,3	8.75% (1 year MCLR+50 bps)	8.80% (1 year MCLR+55 bps)
	RG- 4,5,6	8.85% (1 year MCLR+60 bps)	8.90% (1 year MCLR+65 bps)

For Loan amount more than Rs. 75 lakhs with 1 year MCLR- 8.25% with floating rate

Employment Type	Particulars	SBI Home Loan Interest Rate for Women	SBI Home Loan Interest Rate for Others
Salaried Applicants	RG- 1,2,3	8.70% (1 year MCLR+45 bps)	8.75% (1 year MCLR+50 bps)
	RG- 4,5,6	8.80% (1 year MCLR+55 bps)	8.85% (1 year MCLR+60 bps)
Non-Salaried Applicants	RG- 1,2,3	8.85% (1 year MCLR+60 bps)	8.90% (1 year MCLR+65 bps)
	RG- 4,5,6	8.95% (1 year MCLR+70 bps)	9.05% (1 year MCLR+80 bps)

For Maxgain Loan amount lying between Rs. 75 lakhs and Rs. 3 crores with 1 year MCLR- 8.25%

Employment Type	Particulars	SBI Home Loan Interest Rate for Women	SBI Home Loan Interest Rate for Others
Salaried Applicants	RG- 1,2,3	8.85% (1 year MCLR+60 bps)	8.90% (1 year MCLR+65 bps)
	RG- 4,5,6	8.95% (1 year MCLR+70 bps)	9.00% (1 year MCLR+75 bps)
Non-Salaried Applicants	RG- 1,2,3	9.05% (1 year MCLR+80 bps)	9.10% (1 year MCLR+85 bps)
	RG- 4,5,6	9.15% (1 year MCLR+90 bps)	9.20% (1 year MCLR+95 bps)

For Maxgain Loan amount lying between Rs. 20 lakhs and Rs. 30 lakhs with 1 year MCLR- 8.25%

Employment Type	Particulars	SBI Home Loan Interest Rate for Women	SBI Home Loan Interest Rate for Others
Salaried Applicants	LTV less than equals 80	8.40% (1 year MCLR+15 bps)	8.45% (1 year MCLR+20 bps)
	LTV greater than 80 and less than or equals to 90	8.50% (1 year MCLR+25 bps)	8.55% (1 year MCLR+30 bps)
Non-Salaried Applicants	LTV less than equals 80	8.60% (1 year MCLR+35 bps)	8.65% (1 year MCLR+40 bps)
	LTV greater than 80 and less than or equals to 90	8.70% (1 year MCLR+45 bps)	8.75% (1 year MCLR+50 bps)

For Maxgain Loan amount above Rs. 3 crores with 1 year MCLR- 8.25%

This maxgain loan is applicable only for existing customers. So, SBI Home Loan Interest Rate for existing customers is given below-

Employment Type	Particulars	SBI Home Loan Interest Rate for Women	SBI Home Loan Interest Rate for Others
Salaried Applicants	RG- 1,2,3	9.20% (1 year MCLR+95 bps)	9.25% (1 year MCLR+100 bps)
	RG- 4,5,6	9.30% (1 year MCLR+105 bps)	9.35% (1 year MCLR+110 bps)
Non-Salaried Applicants	RG- 1,2,3	9.40% (1 year MCLR+115 bps)	9.45% (1 year MCLR+120 bps)
	RG- 4,5,6	9.50% (1 year MCLR+125 bps)	9.55% (1 year MCLR+130 bps)

For Maxgain Loan amount lying between Rs. 30 lakhs and Rs. 75 lakhs with 1 year MCLR- 8.25%

Employment Type	Particulars	SBI Home Loan Interest Rate for Women	SBI Home Loan Interest Rate for Others
Salaried Applicants	RG- 1,2,3	8.70% (1 year MCLR+45 bps)	8.75% (1 year MCLR+50 bps)
	RG- 4,5,6	8.80% (1 year MCLR+55 bps)	8.85% (1 year MCLR+60 bps)
Non-Salaried Applicants	RG- 1,2,3	8.90% (1 year MCLR+65 bps)	8.95% (1 year MCLR+70 bps)
	RG- 4,5,6	9.00% (1 year MCLR+75 bps)	9.05% (1 year MCLR+80 bps)

Details	SBI Home Loan Interest Rate- Non-Salaried	SBI Home Loan Interest Rate- Salaried
Overdraft	10.25%	9.75%
Term Loan	9.75%	9.25%

Rs. 1 lakh to Rs. 5 lakhs

9.25%

Loan Amount	Risk Grade	SBI Home Loan Interest Rate- Non-Salaried Applicant	SBI Home Loan Interest Rate- Salaried Applicant
More than Rs. 5 crores	RG- 1,2,3	11%	0.75%
	RG- 4,5,6	11.50%	11.25%
More than Rs. 2 crores and up to Rs. 5 crores	RG- 1,2,3	9.70%	9.55%
	RG- 4,5,6	9.80%	9.65%
More than Rs. 1 crore and up to Rs. 2 crores	RG- 1,2,3	9.25%	9.10%
	RG- 4,5,6	9.35%	9.20%
More than Rs. 20 lakhs and up to Rs. 1 crore	RG- 1,2,3	9.05%	8.90%
	RG- 4,5,6	9.15%	9%
More than Rs. 5 lakhs and up to Rs. 20 lakhs	RG- 1,2,3	8.85%	8.70%
	RG- 4,5,6	8.95%	8.80%

Interest Rate	For loan amount up to Rs. 75 lakhs- 8.40% (RG- 1,2,3) & 8.55% (RG- 4,5,6) For loan amount more than Rs. 75 lakhs- 8.95% (RG- 1,2,3) & 9.10% (RG- 4,5,6)
Amount of Loan	No cap on the maximum amount
Loan Tenor	Max 33 years (may exceed up to 35 years)
Repayment	Every year, you need to repay at least 3% principal loan amount as EMI
Income	Minimum Gross Income- Rs. 6 lakhs yearly