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I have taken a Home Loan from SBI through bank directly. The loan amount was 12L and the rate interest was 8.25% normal. 11K is EMI and the 400 rupees is for insurance with the tenure period of 20 years and I received the amount within 30 days.

According to the latest update on the SBI website, these changes will take effect from 15 December 2022. Yes, SBI does give pre-approved home loans for which you can contact the bank for more details. Calculate your home loan eligibility based on the factors below and get the result in the total amount you would be able to avail in the home loan and its EMI. Regular income from all sources may be considered for arriving at loan eligibility provided the Sanctioning Authority is satisfied with the proof of income . State Bank of India offers corporate home loans on interest rates of 9.40% to 11.15%. Apply for SBI Home Loan online at interest rates as low as 8.40%.
Loan Amount
You can have surplus funds at any time thereby conveniently reducing your loan liability and interest burden. LTV Ratio will be calculated based on Valuation Report not more than 3 months old. Further, for loans of Rs. 1 crore& above and also for loans below Rs. 1 crore where the Market Value based on Valuation Report is more than 20% of the Guidance Value, two valuation reports should be obtained. Any personal purpose such as meeting expenditure on education, marriage, healthcare, etc. other than speculative purpose. An undertaking to this effect will be obtained from the customer in the application itself and no documentary evidence for end use of the fund will be insisted upon.
Other important factors include your age, qualification, number of dependents, your spouse's income , assets & liabilities, savings history and the stability & continuity of occupation. What are the processing fees for SBI home loans? SBI home loans have a consolidated processing fee which is 0.40% of the loan amount plus the applicable GST. The minimum amount is Rs.10,000 plus GST while the maximum amount is Rs.30,000 plus GST.
SBI realty home loan
In case of agricultural plot loans, the loan amount is considered for what purposes? In what situations in SBI plot loan beneficial? If you want to buy a house but currently can’t afford it or when you want to buy just a plot for investment purposes, SBI plot loans will be highly beneficial. As an added benefit, you can also avail extension loans from State Bank of India for construction of houses if you want to. Corporate Banking application to administer and manage non personal accounts online. State Bank of India has raised its marginal cost of funds based lending rate on a few select tenors by 25 basis points from 7.60% to 7.85% for overnight MCLR and 7.75% to 8% for one-month MCLR.

You are just one step away from using Home Loan related services. This consent will override any registration for DND/NDNC/NCPR. SBI Frequently asked questions , has listed questions and answers, all supposed to be commonly asked in context of Home Loans. Please get answers to your common queries regarding the home loan, security, EMIs, etc.
SBI Plot Loan Documents Required
The construction of the house should take place within 5 years from date the loan has been sanctioned. The State Bank of India partnered with five housing finance companies . These are PNB Housing Finance Ltd, Shriram Housing Finance Ltd, IIFL Home Finance Ltd, Capri Global Housing Finance Ltd and Edelweiss Housing Finance Ltd.
I had applied the loan amount of Rs. 35 lakhs with the duration of 25 years. I heard that interest rates are low so i approached with them. I had a online contact number specially for my home loan so they directly approached my home. They are asking very less of documentation like current residential address, last 3 months payslip, my job offer letter. They have given me a link also to process the loan.
The repayment duration is the same as the tenure of the home loan as Equated Monthly Instalments . This is available to new home loan customers and also to existing home loan customers who have chosen the SBI Life Cover. Before taking a home loan from SBI, it’d be a good idea to check whether you will be able to pay the monthly instalments. The easiest way to do this is to use Home Loan Calculator.

As a result of this push from the government also, the banks and NBFCs have started to cast a wider net to provide Home Loans. SBI is a best bank and they had a better option. There is only simple documentation required and executive came to my place for collecting all the documents. SBI did not taken any processing charges and they gave better and cheap interest.
I got the loan in the year of 2011 and i have chosen the duration of 15 years but i have done a pre-closure without paying any additional charges. I bought the loan amount of Rs. 12 lakhs with the low interest rate of 10.25%. Equitable mortgage of non-encumbered, non-agricultural and SERFAESI compliant residential house/flat in the name of borrowers/guarantors.

Myself approached SBI to apply for a home loan and taken the loan on 2016. The process was smooth and sanctioned with sufficient amount with tenure period of 20 yrs. The rate of interest was average around 8%, there is pre closure option and locking period of 1 year. Customers can visit the nearest branch officer or enquire with the SBI marketing officers.
The focus of the website is on Home Buyers looking to buy or upgrade to a New Home or Invest in under construction project or pre-launches by reputed builders. Best Home Loan Interest Rates in IndiaBook Your Home Under PMAY YojanaSBI Home Loan has become very popular in recent times. They have been voted “The Most Preferred Home Loan Provider” as per AWAAZ Consumer Awards. Further, SBI has also been voted “Most Preferred Bank Award” as per TV18 and AC Nielsen-ORG Marg survey that was conducted in 21 cities all across India. The bank offers Home Loans to people between 18 years and 70 years of age, and their maximum loan tenure can be as long as 30 years.