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State Bank of India
State Bank of India is a public sector bank offering property loan with competitive terms for eligible applicants.
Interest Rate
9.00% - 11.50%
Processing Fee
Up to 1.00% of loan amount
Max Loan Amount
Up to 70% of property value
Max Tenure
Up to 15 years
Key Benefits
Features
- Flexible end-use of funds
- Overdraft facility available on select plans
Special Offers
- Preferential rate for existing home loan customers
Pros & Cons
Advantages
- Lower starting interest rate
- Wide branch network for in-person support
Considerations
- Documentation-heavy, slower processing than private banks
Eligibility
- Clear property title
- Stable income source
- Minimum age 25 years
Documents Required
- Property documents
- PAN card
- Income proof
- Bank statements (6 months)
Frequently Asked Questions
Important Disclaimer
- All information provided is for reference purposes only and subject to change.
- Interest rates and fees are indicative and may vary based on your profile and market conditions.
- Loan approval is subject to the bank's terms and conditions and credit assessment.
- Processing-fee cashback, where applicable, is credited only after loan disbursal and unlocks upon EMI completion — it is not available for guest applications.
- Please verify all details with the bank before making any financial decisions.
Ready to apply with State Bank of India?
Get your processing fee back as cashback after disbursal.
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