Home Loans Interest Rates (Current) - Interest Rates
Home Loans Interest Rates (Current)
HOME LOANS: FLOATING INTEREST CARD RATES W.E.F.01.07.2020
(A)- HOME LOAN INTEREST CARD RATE STRUCTURE (FLOATING) :EBR 6.65%
LOAN AMOUNT | SALARIED | |
---|---|---|
|
TERM LOAN |
MAXGAIN |
Up to Rs 30 Lacs
|
EBR + 35 bps
ER: 7.00% (ER: Effective Rate) |
EBR + 70 bps
ER: 7.35% |
Above Rs 30 Lacs to Rs 75 Lacs
|
EBR + 60 bps
ER: 7.25% |
EBR + 95 bps
ER: 7.60% |
Above Rs 75 Lacs
|
EBR + 70 bps
ER: 7.35% |
EBR + 105bps
ER: 7.70% |
- 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.
- 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 scheme |
EBR+35 bps,ER:7.00% |
CRE Home Loan |
An additional 50 bps premium will be added to the Final Rate |
SBI Privilege and Shaurya Schemes EBR 6.65%
SBI Privilege and Shaurya Schemes |
(a) Where check-off facility is provided by the Government Department / Defense Establishment under tie-up with our Bank – |
SBI REALTY LOANS
For First Five Years EBR 6.65%
LOAN AMOUNT | Applicable Interest Rate |
---|---|
Up to Rs 30 Lacs |
EBR + 105 bps |
Above Rs 30 Lacs to Rs 75 Lacs |
EBR + 115 bps |
Above Rs 75 Lac |
EBR + 125 bps |
- 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 |
Up to Rs. 20lacs
|
EBR + 85 bps
ER: 7.50%
|
N. A.
|
Above Rs.20 lacs and up to Rs.1 crore
|
EBR + 105 bps
ER: 7.70% |
EBR + 175 bps
ER: 8.40% |
Above Rs.1 crore and up to Rs.2crores
|
EBR + 125 bps
ER: 7.90 % |
EBR + 200 bps
ER: 8.65 % |
Above Rs.2 Crores and up to Rs.5 Crores
|
EBR + 170 bps
ER: 8.35% |
|
Above Rs.5 crores
|
EBR + 290 bps
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 05 Lacs) |
155 bps above EBR, irrespective of Risk Grades, Gender and occupation.ER:8.20 |
EBR 6.65%
SMART HOME TOP UP LOAN | Applicable Interest Rate | |
---|---|---|
|
SALARIED |
NON-SALARIED |
TERM LOAN
|
EBR + 140bps
ER: 8.05% |
EBR + 190 bps
ER: 8.55% |
OVERDRAFT
|
EBR + 190 bps
ER: 8.55% |
EBR + 240 bps
ER: 9.05% |
(C)- PERSONAL LOAN AGAINST PROPERTY (P-LAP) :EBR 6.65%
Applicable Interest rate | ||
---|---|---|
Personal Loan Against Property (P-LAP) |
Up to Rs. 1crs
|
EBR + 215 bps
ER: 8.80%
|
Above Rs. 1 cr & up to Rs. 2 crs.
|
EBR + 265 bps
ER: 9.30% |
|
Personal Loan Against Property (P-LAP) |
Up to Rs. 1crs
|
EBR + 225 bps
ER: 8.90%
|
Above Rs. 1 cr & up to Rs. 2 crs.
|
EBR + 275 bps
ER: 9.40% |
|
Personal Loan Against Property (P-LAP) |
Up to Rs. 2 crs
|
EBR + 280 bps
ER: 9.45%
|
Personal Loan Against Property (P-LAP) |
Above Rs 2 crs and Up to Rs 7.5 crs
|
EBR + 300 bps
ER: 9.65%
|
(D)- SBI BRIDGE LOAN :EBR 6.65%
Applicable Interest rate | |
---|---|
FOR FIRST YEAR
|
EBR + 285 bps
ER: 9.50% |
FOR SECOND YEAR
|
EBR + 385 bps
ER: 10.50% |
(E)- EMD SCHEME :EBR 6.65%
Applicable Interest rate | |
---|---|
EMD SCHEME
|
EBR + 380 bps
ER: 10.45% |
(F)- REVERSE MORTGAGE LOANEBR EBR 6.65%
Applicable Interest rate | |
---|---|
For Public
|
EBR + 240 bps
ER: 9.05% |
For SBI Pensioners
|
EBR + 140 bps
ER: 8.05% |

Interest Rates
2.70% p.a.
Upto 1 lakh(w.e.f. 31.05.2020)
2.70% p.a.
Above 1 lakh (w.e.f. 31.05.2020)
2.70% p.a.
Upto 1 lakh (w.e.f. 31.05.2020)
2.70% p.a.
Above 1 lakh (w.e.f. 31.05.2020)
5.30%
3 years to less than 5 year
5.40%
5 years to less than 10 years
Loan Schemes Landing

Loan Against Securities And Consumer Durable Loans

Criteria
- Features
- Eligibility
- Terms and Conditions

Interest Rates
2.70% p.a.
Upto 1 lakh(w.e.f. 31.05.2020)
2.70% p.a.
Above 1 lakh (w.e.f. 31.05.2020)
2.70% p.a.
Upto 1 lakh (w.e.f. 31.05.2020)
2.70% p.a.
Above 1 lakh (w.e.f. 31.05.2020)
5.30%
3 years to less than 5 year
5.40%
5 years to less than 10 years