|SBI MCLR Linked Home Loan Details|
|Interest Rate||Loan-to-Value Ratio||Loan Tenure||Processing Charges|
|8.15% onwards||Depends on applicant’s profile||Up to 30 Years||0.35% of the loan amount (Min. of Rs. 2,000 & Max. of Rs. 10,000) + GST|
|SBI RLLR Linked Home Loan Details|
|Interest Rate||Loan Amount||Loan Tenure||Processing Charges|
|8.05% onwards||No maximum limit||Up to 35 Years (incl. moratorium of 24 months)||0.35% of the loan amount (Min. of Rs. 2,000 & Max. of Rs. 10,000) + GST|
Note: The figures given in the tables are indicative and are subject to change as per the loan scheme at SBI’s or RBI’s discretion without prior information.
SBI home loan is linked to two lending rates – Repo Linked Lending Rate (RLLR) and Marginal Cost of Funds-based Lending Rate (MCLR). The MCLR-linked Home Loans start from 8.15% p.a, which is the lowest home loan interest rate in India. This home loan product has repayment period of up to 30 years. The RLLR-linked home loans, on the other hand, start from 8.05% p.a. and offers a longer tenure of up to 35 years.