SBI Home Loan Interest Rate 2026
SBI home loan interest rates for regular term loans currently range between 7.25% and 9.05% per annum. The applicable interest rate is determined mainly by factors such as CIBIL credit score, the loan amount applicants seek, and whether the applicants are salaried or self-employed.
Key Highlights:
- Loan Tenure: Up to 30 years
- Processing Fees: 0.35% of the loan amount + GST
- Foreclosure Charges: NIL (no prepayment penalty)
Current SBI Home Loan Interest Rates
The SBI Home Loan Interest Rates that are effective from 1st April of 2026 are as follows:
| Home Loan Product | Updated Interest Rates (p.a.) |
| Home Loan (TL) | 8.40% – 10.15% |
| Home Loan Maxgain (OD) | 9.55% – 10.55% |
| Top-Up Loan (TL) | 8.70% – 10.25% |
| Top-Up (OD) Loan | 9.85% – 10.55% |
| Loan Against Property (P-LAP Loan) | 10.50% – 11.50% |
| Reverse Mortgage Loan | 9.95% – 10.45% |
| YONO Insta Home Top-Up Loan | 9.55% |
Note: SBI home loan interest rates are linked to the EBLR, currently at 9.15% (RBI Repo Rate of 6.50% + spread of 2.65%).
SBI Home Loan Fees and Charges
SBI Home Loan processing fee (including advocate fee and valuer fee) is as follows:
0.35% of the loan amount + GST
- Minimum: Rs. 2,000 + GST
- Maximum: Rs. 10,000 + GST
SBI Home Loan Interest Rates Based on CIBIL Score
SBI home loan interest rates 2026 change depending on the CIBIL score:
| CIBIL Score | Interest Rates (p.a.) |
| 800 and above | 8.40% - 9.15% |
| 750–799 | 8.50% - 9.15% |
| 700–749 | 8.60% - 9.35% |
| 650–699 | 8.70% - 9.45% |
| 550–649 | 8.90% - 9.65% |
| New to Credit / No CIBIL Score / -1 | 8.60% - 9.35% |
Comparison Between SBI Home Loan Interest Rates and Other Banks
The table shows a comparison between SBI home loan interest rates 2026 with those of Other Banks:
| Bank | Home Loan Interest Rates (p.a.) |
| State Bank of India | 8.40% - 10.15% |
| Axis Bank | 8.75% - 9.65% |
| Bank of Baroda | 8.40% - 10.60% |
| Punjab National Bank | 8.45% - 10.25% |
| HDFC Bank Limited | 8.50% - 9.85% |
| ICICI Bank | 8.75% - 9.80% |
| LIC Housing Finance | 8.50% - 10.75% |
| Kotak Mahindra Bank | 8.70% onwards |
| Federal Bank | 8.85% onwards |
Top Home Loan Schemes of SBI
SBI offers a variety of home loan schemes tailored to meet the needs of different borrowers, from first-time home buyers to government employees and NRIs. Here are some of the most popular options:
| SBI Home Loan Scheme | Key Features |
| SBI Regular Home Loan | Up to 30-year tenure with daily reducing balance interest. |
| SBI NRI Home Loan | Home loans for NRIs to buy property in India. |
| SBI Flexipay Home Loan | Higher eligibility with interest-only payments during moratorium. |
| SBI Shaurya Home Loan | Special scheme for defence personnel with concessional rates. |
| SBI Home Top-Up Loan | Additional funding over existing home loan for personal needs. |
| SBI Smart Home Top-Up Loan | Multipurpose loan for education, marriage, renovation, etc. |
| SBI YONO Insta Home Top-Up Loan | Instant top-up loan for pre-approved YONO customers. |
| SBI Corporate Home Loan | Loan for companies to acquire residential units for employees. |
| SBI Tribal Plus | Home purchase, construction, or renovation without land mortgage. |
| SBI Reverse Mortgage Loan | Additional income for senior citizens against residential property. |
| SBI Loan Against Property (P-LAP) | Loan against property for personal purposes. |
| SBI Maxgain | Overdraft-linked home loan with EMI repayment flexibility. |
Features and Benefits of SBI Home Loan
- SBI home loans are available for both salaried and self-employed.
- Special rates are offered for women customers.
- Property for purchase will be taken as a mortgage of property.
- The loan-to-value ratio can be up to 90%.
- Tenure of loan can range from 5 years to 30 years.
- Interest rates range from 7.50% to 8.70% p.a.
Who is Eligible for SBI Home Loans?
The eligibility of SBI Home Loans are as follow:
| Criteria | Details |
| Resident Type | Resident Indians and NRIs (under the NRI scheme) |
| Age | 18–70 years |
| Loan Tenure | Up to 30 years |
| Eligibility Calculator | Applicants can estimate their borrowing capacity using the SBI Home Loan Eligibility Calculator. |
Documents Required for SBI Home Loans
The following are the documents required to apply for SBI Home Loans:
- Duly filled loan application form affixed with three passport-size photographs.
- Employer Identity Card.
- Proof of Identity: PAN, Passport, Driver’s License, or Voter ID Card.
- Proof of Address: A recent copy of telephone bill/electricity bill/water bill/piped gas bill, or copy of passport/driving license/Aadhaar card.
- Property papers: Permission for construction, registered agreement for sale, occupancy certificate (for ready-to-move property), share certificate, approved blueprint plan, and payment receipts.
- Account statement: Last six months bank account statements for all bank accounts.
- Income proof (Salaried): Salary slip (last 3 months), Form 16 (last 2 years).
- Income proof (Non-Salaried): Business address proof, IT returns (last 3 years), Balance sheet & P&L statement (last 3 years).
SBI Home Loan EMI Calculator
Usually, the home loan is a significant amount taken for a longer period upon which interest is levied. The SBI Home Loan EMI Calculator helps to evaluate and plan budget.
Final Word
The SBI home loan interest rate in 2026 remains one of the most affordable in India, ranging from 7.50% to 8.70% p.a.. The current SBI home loan interest rate ensures convenient financing for all borrower profiles.
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