SBI Home Loan - Apply Online with Paisabazaar

The interest rate has been updated on 15th October 2026. The final rate may vary depending on the applicant’s credit score and financial profile. Check the latest SBI home loan interest rates before applying.

Last Updated On: 1 November 2026

SBI offers home loans to different types of borrowers, including salaried and self-employed individuals, NRIs, government employees, defence personnel, and consumers living in rural and tribal areas. Its home loan interest rates are linked to an external benchmark, so changes in the RBI repo rate may affect the rate you pay. You can check your eligibility for the SBI home loan at Paisabazaar, understand various scenarios regarding the loan amount and tenure and then apply for the SBI home loan through Paisabazaar.

Eligibility, fees, concessions, and benefits depend on the applicable scheme and SBI's terms and conditions.

SBI home loan interest rates start at 7.50% per annum. The rates are linked to the bank’s External Benchmark Lending Rate (EBLR), which is 8.15% plus the Credit Risk Premium (CRP) and Business Strategy Premium (BSP), effective 15th October 2026. The final interest rate depends largely on the borrower’s CIBIL score and loan profile.

1. Regular Home Loan: SBI Regular Home Loan can be used to buy a new, under-construction, or resale house. It can also be used for building, repairing, renovating, or extending a home. Loan amounts of Rs. 30 – Rs. 40 lakh or more may be available depending on eligibility.
2. NRI Home Loan: SBI NRI Home Loan is for eligible NRIs and PIOs who want to buy a house or other residential property in India. The loan amount depends on the applicant’s income and eligibility.
3. Flexipay Home Loan: Flexipay Home Loan is mainly for salaried people. It gives borrowers more repayment flexibility and may also help them get a higher loan amount.
4. SBI Home Loan Balance Transfer: This option allows existing borrowers to transfer their outstanding home loan from another bank to SBI. It can be useful for borrowers looking for better loan terms or interest rates.
5. SBI Privilege Home Loan: This loan is mainly for eligible government employees and people with pensionable service. It can be used to buy, build, repair, or improve a home.
6. Shaurya Home Loan: Shaurya Home Loan is specially available for eligible defence and armed forces personnel. It helps them finance the purchase or construction of a home based on their eligibility.
7. Pre-approved Home Loan: With a SBI Pre-approved Home Loan, borrowers can get an idea of how much loan they can receive before choosing a property. This can make the home-buying process easier.
8. Realty Home Loan: SBI Realty Home Loan helps people buy a residential plot on which they plan to build their own house. The loan amount depends on the applicant’s income and the value of the plot.
9. Top-Up Home Loan: Existing SBI home loan customers can take a SBI Top-Up Loan to get extra money for eligible personal or financial needs. The additional amount depends on their existing loan and eligibility.
10. Non-Salaried Home Loan: This loan is meant for self-employed and other non-salaried people. It can be used to buy, build, repair, renovate, or extend a house. Eligible borrowers may get Rs. 30– Rs. 40 lakh or more, depending on their financial profile.
11. Tribal Plus Home Loan: This loan is designed for eligible people living in tribal or hilly areas. It can be used for buying, building, repairing, renovating, or extending a home.
12. Maxgain Home Loan: SBI Maxgain combines a home loan with an overdraft facility. It allows borrowers to use extra money deposited in the account to help reduce the interest they pay on the loan.

You may be eligible for an SBI home loan if you meet the following conditions:

Your eligibility and loan amount depend on your income, credit history, existing debts, age, and SBI’s lending criteria.

Check the detailed eligibility requirements, minimum CIBIL score, and the loan amount you may qualify for based on your salary before you apply for the home loan.

You can apply for an SBI home loan through Paisabazaar or SBI's official website/app.. The application process involves checking your eligibility, applying online, submitting the required documents, and completing the bank's verification.

Option 1: Apply Through Paisabazaar

1. Check your eligibility: Enter details such as your income, city, and required loan amount to check your eligibility for an SBI home loan.
2. Compare loan offers: Review SBI's home loan offer alongside options from other banks and housing finance companies to understand the available choices.
3. Submit your application: Select SBI and fill out the online application form with the required personal and financial details.
4. Provide documents: Submit your KYC, income, and property documents. An advisor can help you understand the paperwork and application requirements.
5. Loan approval: SBI reviews your application, income details, credit history, and supporting documents before deciding whether to approve the loan.
6. Complete verification and disbursal: The bank carries out the necessary legal and technical checks on the property. Once the required formalities are complete, the loan amount is disbursed according to the agreed terms.

Option 2: Apply Through SBI's Official Website

SBI also provides an online facility to check home loan eligibility and begin the application process.

1. Enter your details: Provide information about the property, income, existing EMIs, contact details, and any co-applicants.
2. Check the tentative loan offer: Based on the information submitted, you may receive an estimated eligible loan amount and an Approval in Principle letter by email. This letter is valid for 45 days, subject to the applicable terms.
3. Complete the application: Submit the required documents and complete the bank's verification process. Final approval depends on checks relating to your identity, income, credit profile, and property documents.

Other Ways to Apply

You can also visit an SBI branch and submit a home loan application with the necessary documents. Existing SBI home loan customers may be able to check their eligibility for an Insta Home Top-up through the YONO app, depending on their eligibility and the bank's terms.

Paisabazaar charges you nothing for this. You pay only SBI's own fees.

What you'll actually pay (processing fee incl. 18% GST):

SBI charges a maximum processing fee of Rs. 11,800 for home loans above approximately Rs. 28.6 lakh. For a Rs. 50 lakh loan, this is lower than the roughly Rs. 29,500 charged by some private banks that charge 0.50% of the loan amount plus GST.

Other charges:

Also Read: Home Loan Fees & Charges

Before applying for an SBI home loan, keep the necessary documents ready to avoid delays during processing. The exact requirements may vary depending on your employment type and property.

SBI may ask for additional documents based on your profile, the loan scheme, and the property being purchased.

Before taking a home loan, estimate how much you will need to pay each month. Your EMI depends on the loan amount, interest rate, and repayment tenure. A longer tenure generally reduces the monthly EMI but increases the total interest paid over the loan period.

At an illustrative interest rate of 7.50% per annum, the estimated EMIs for a 20-year tenure are:

These figures are estimates and assume a fixed interest rate of 7.50% throughout the tenure. Your actual EMI may vary if SBI changes the applicable interest rate.

Use the SBI home loan EMI calculator to estimate your monthly repayments for different loan amounts and tenures. You can also factor in prepayments to understand how additional payments may reduce your interest costs or repayment period.

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