SBI Maxgain Home Loan

SBI Maxgain Home Loan Highlights

Particulars	Details
Interest Rate	7.50% – 8.70% p.a.
Loan Tenure	Up to 30 years
Eligibility Criteria	Only for buying “Ready to Move-in” property

Note: Interest rates as of 1st January 2026

Compare Home Loan Interest Rates of Top Banks & HFCs

Name of Lender	Loans of Up to Rs. 30 Lakh
Bank of India	7.10% p.a. onwards	Check Eligibility
State Bank of India	7.25% p.a. onwards	Check Eligibility
Punjab National Bank	7.20% p.a. onwards	Check Eligibility
Canara Bank	7.15% p.a. onwards	Check Eligibility
HDFC Bank	7.90% p.a. onwards	Check Eligibility
Bajaj Housing Finance	7.40% p.a. onwards	Check Eligibility
ICICI Bank	7.65% p.a. onwards	Check Eligibility
Axis Bank	*8.25% p.a. onwards	Check Eligibility
Federal Bank	*7.90% p.a. onwards	Check Eligibility
Kotak Mahindra Bank	7.70% p.a. onwards	Check Eligibility
IDFC FIRST Bank	8.85% p.a. onwards	Check Eligibility
IDBI Bank	7.35% p.a. onwards	Check Eligibility
RBL Bank	8.20% p.a. onwards	Check Eligibility
Tata Capital Housing Finance	7.75% p.a. onwards	Check Eligibility
PNB Housing Finance	*7.20% p.a. onwards	Check Eligibility
Sammaan Capital (Formerly known as Indiabulls Housing Finance)	8.75% p.a. onwards	Check Eligibility
India Shelter Home Loan	8.43% p.a. onwards	Check Eligibility
L&T Finance Limited	*8.40% p.a. onwards	Check Eligibility
Godrej Housing Finance	7.75% p.a. onwards	Check Eligibility
Home First Finance	8.00% p.a. onwards	Check Eligibility
Easy Home Finance	8.99% p.a. onwards	Check Eligibility
Piramal Capital Housing Finance	*8.25% p.a. onwards	Check Eligibility
Shubham Housing Finance	10.45% p.a. onwards	Check Eligibility
Punjab & Sind Bank	7.30% p.a. onwards	Check Eligibility
Jio Housing Finance	8.20% p.a. onwards	Check Eligibility
HDFC Sales Pvt Ltd	7.90% p.a. onwards	Check Eligibility

SBI Maxgain Interest Rates

SBI Maxgain home loan interest rate ranges from 7.50% p.a. to 8.70% p.a. The bank has not mentioned its differential interest rates on the basis of credit score, repayment history, job profile, employer’s profile, monthly income, etc. However, just like other lenders, the bank may factor in the above parameters while setting SBI Maxgain interest rates of their applicants.

Interest Rates of Home Loan Overdraft offered by SBI and Other Lenders

Name of Lender	Interest Rates (% p.a.)
SBI Maxgain	7.50-8.70
Kotak Mahindra Bank	8.20 onwards
PNB Max Saver	7.65-9.35
Bank of Baroda Max Savings Home Loan	7.45-9.45
Union Bank Smart Save	9.05-10.65
IDFC First Bank	8.85 onwards
Federal Bank	9.15 onwards

SBI Maxgain Home Loan Processing Fees and Charges

Particulars	Details
Processing Fees	0.35% of loan amount (Rs 2,000 – Rs 10,000) + GST
Pre-payment Charges	NIL
CERSAI Charges	– Up to Rs 5 lakh – Rs 50 – Above Rs 5 lakh – Rs 100

Also Read: Home Loan EMI Calculator

Documents Required for SBI Maxgain Home Loan

The documents required to apply for SBI Maxgain are similar to the documents required to apply for a regular SBI home loan. Here’s the general list of documents that might be required at the time of applying for SBI Maxgain:

General Documents

• Duly filled application form with 3 passport sized photographs
• KYC documents (Identity Proof and Address Proof)

Property Papers

• Permission for construction
• Sale agreement Registered (only Maharashtra), Allotment letter, Stamped Sale Agreement
• Occupancy certificate (ready to move in), maintenance bill, electricity bill, property tax receipt
• Copy of plan approved
• Registered Development Agreement of the builder
• Conveyance Deed
• Bank account details or payment receipts for payments made for the builder

Account Statement

• Bank account statement for last 6 months for all bank accounts
• Loan account statement for last 1 year for previous loan from other financial institutions

Income Proof for Salaried Applicant/Co-applicant/Guarantor

• Last 3 months salary slip/certificate
• Copy of ITR/Form 16, acknowledged by IT Department

Income Proof for Non-Salaried Applicant/Co-applicant/Guarantor

• ITR for last 3 years
• Business Address Proof
• Profit and loss account and balance sheet for last 3 years
• TDS Certificate (Form 16)
• Qualification Certificate for CA, Doctors and other professionals
• Business License Details

SBI Maxgain Eligibility Criteria

The eligibility criteria set for SBI Maxgain and regular SBI home loan is usually the same. The below-mentioned list might give you a general idea of the home loan overdraft eligibility:

• Applicant should be an Indian Resident
• Applicant should have availed the overdraft facility for buying “Ready to Move-in” property

Related Articles
SBI Home Loan Eligibility	SBI Loan Against Property
SBI Home Loan Balance Transfer	SBI Home Loan EMI Calculator

FAQs on SBI Maxgain Home Loan

What are the benefits of availing SBI Maxgain home loan?

The major benefit of availing SBI Maxgain is that it allows borrowers to use their monthly surpluses in reducing their home loan interest rates.

Are there any extra costs to avail the SBI Maxgain home loan?

SBI Maxgain incurs processing fees as well as other costs related to loan processing, just like any other loan. Nevertheless, SBI may lower or eliminate the processing fees for SBI Maxgain house loans whenever possible with holiday sales or exclusive promotional offers. Keep in mind that because the interest rates on SBI Maxgain home loans are marginally higher than those on conventional home loans, borrowers must also pay greater interest rate.