SBI Realty Home Loan: Interest rates, Eligibility, Documents, Fees & Charges

State Bank of India (SBI) offers realty home loans for repayment tenures of up to 10 years. The borrowers should complete the home construction on the plots within 3 years from the date of sanction of the SBI Realty Home Loan. Borrowers can also avail separate home loans for carrying out home construction on the plot financed under SBI Realty Home Loan. The public sector bank offers interest rate concessions to its prospective women home loan applicants.

SBI Realty Home Loan Highlights
Interest Rate	As per the applicant’s credit profile
Maximum Loan amount	Up to 15 crore
Repayment Tenure	Up to 10 years
Processing fee	0.35% of the loan amount (Rs 2,000 – Rs 10,000) + GST

Interest rates are as of 10 September 2025

SBI Realty Home Loan Interest Rates

SBI has not disclosed the interest rates for the Realty Home Loan. However, the bank offers home loans at an interest rate of 7.50% p.a. onwards. The lender may consider the credit score, monthly income, employment profile, employer’s profile, loan amount, etc., of its home loan applicants while setting their home loan interest rates, just like many lenders do.

SBI Realty Home Loan Fees and Charges

Processing fee: 0.35% of the loan amount (Rs 2,000- Rs 10,000) + GST

SBI Realty Home Loan Eligibility Criteria

• Resident Type: Resident Indian
• Minimum Age: 18 years
• Maximum Age: 65 years

SBI Realty Home Loan Documents Required

List of common documents for all applicants:

• Employer Identity Card
• Completed loan application with 3 Passport size photographs
• Proof of identity (photo copies of Voters ID card/ Passport/ Driving license/ IT PAN card)
• Proof of residence (photo copies of recent Telephone Bills/ Electricity Bills/Property tax receipts/ Passport/ Voters ID card)
• Proof of business address for non-salaried individuals
• Statement of Bank Account/ Pass Book for the last six months
• Signature identification from present bankers
• Personal Assets and Liabilities statement

List of documents for guarantor (wherever applicable):

• Personal Assets and Liabilities Statement
• 2 passport size photographs
• Proof of identification (photo copies of Voters ID card/ Passport/ Driving license/ IT PAN card)
• Proof of residence (photo copies of recent Telephone Bills/ Electricity Bills/Property tax receipts/ Passport/ Voters ID card)
• Proof of business address
• Signature identification from his/her present bankers

List of additional documents required for salaried individuals:

• Original Salary Certificate from employer
• TDS certificate on Form 16 or copy of IT Returns for last two financial years, duly acknowledged by IT Deptt.

List of additional documents required for Professionals/self- employed/ other IT assesses:

• Acknowledged copies of three years of I.T. returns/ Assessment Orders.
• Photocopies of challans of Advance Income Tax payment.

FAQs on SBI Realty Home Loan

1. What is the maximum loan available under SBI Realty loan?
Ans: The maximum loan available under SBI Realty Home loan is Rs 15 crore.

2. Can I take another home loan from SBI to construct house on the plot purchased through the SBI Realty home loan?
Ans: Borrowers who have availed SBI Realty Home Loan for plot purchase can also take another home loan from the SBI to construct house on that plot. However, the approval of the construction loan would be subject to the various home loan eligibility criteria set by the SBI like applicant’s repayment capacity, employment profile, occupation profile, credit profile, etc. Those planning to avail home loan for home construction can also click here to find the home loan offers from some of the top lenders based on their credit profile.

3. Do I need to pledge any collateral security with SBI for the Realty Home Loan?
Ans: The plot purchased through the SBI Realty Home Loan would be used as the primary security of the loan. However, SBI may ask for additional security, if required, in the form of life insurance policies, shares/debentures, gold ornaments, etc from the loan applicants.