SBI Shaurya Home Loan Highlights 2023 | |
Interest rate | 8.50% p.a. onwards |
Loan amount | Based on customer profile |
Loan tenure | Up to 30 years |
Processing fee | 0.17 (Rs 2,000-Rs 10,000) |
Note: Interest rates as of 22nd September 2023

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Table of Contents
SBI Shaurya Home Loan Interest Rates
Card Rates (Term Loan)
CIBIL Score | Interest Rate (p.a.) |
>=800 | 8.50% |
750-799 | 8.50% |
700-749 | 8.60% |
650-699 | 9.35% |
550-649 | 9.55% |
151-200 | 8.60% |
101-150 | 9.35% |
NTC/NO CIBIL/-1 | 8.60% |
Note:
- Premium of 10 bps for loans up to 30 lacs for LTV >80% & < =90%
- 5 bps concession available to women borrowers subject to minimum EBLR, i.e., 9.15
- 5 bps concession if maintaining salary account with SBI under salary package
Also Read: How you can build or rebuild your credit score with Step UP Credit Card co-branded with SBM Bank India Ltd.

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Compare Home Loan Interest Rates of Top Banks & HFCs
Name of Lender | Up to Rs. 30 Lakh | Above Rs. 30 Lakh to Rs. 75 Lakh | Above Rs. 75 Lakh |
SBI | 8.40% - 10.15% | 8.40% - 10.05% | 8.40% - 10.05% |
HDFC Bank Limited | 8.50% onwards | 8.50% onwards | 8.50% onwards |
LIC Housing Finance | 8.50% – 10.35% | 8.50% – 10.55% | 8.50% – 10.75% |
ICICI Bank | 9.00%-9.80% | 9.00%-9.95% | 9.00%-10.05% |
Kotak Mahindra Bank | 8.75% onwards | 8.75% onwards | 8.75% onwards |
PNB Housing Finance | 8.50% - 14.50% | 8.50% - 11.45% | 8.50%-11.45% |
Punjab National Bank | 8.55%-10.25% | 8.50%-10.15% | 8.50%-10.15% |
Bank of Baroda | 8.40% - 10.65% | 8.40% - 10.65% | 8.40% - 10.90% |
Union Bank of India | 8.35% – 10.80% | 8.35% – 10.95% | 8.35% – 10.95% |
IDFC First Bank | 8.85% onwards | 8.85% onwards | 8.85% onwards |
L&T Finance Limited | 8.60% onwards | 8.60% onwards | 8.60% onwards |
Bajaj Housing Finance | 8.45% onwards | 8.45% onwards | 8.45% onwards |
Tata Capital Housing Finance | 8.70% onwards | 8.70% onwards | 8.70% onwards |
Federal Bank | 8.80% onwards | 8.80% onwards | 8.80% onwards |

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SBI Shaurya Home Loan Fees and Charges
Processing fee and prepayment charges
Processing fee | 0.17 (Rs 2,000-Rs 10,000) |
Prepayment charges | NIL |
Other fees and charges
CERSAI Charges | For limit of up to Rs 5 Lakh: Rs 50+ G.S.T For limit of above Rs 5 Lakh: Rs 100 + G.S.T |
Advocate’s fee | To be paid at actuals |
Valuer’s fee | To be paid at actuals |
Stamp duty | To be paid at actuals |
Property insurance premium | To be paid at actuals |
Click here to know detailed fees and charges of SBI Home Loan
SBI Shaurya Home Loan Eligibility Criteria
Borrower profile | Indian Resident |
Minimum age | 18 years |
Maximum age | 75 years |

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SBI Shaurya Home Loan Documents Required
For all applicants:
- Employer Identity Card
- Completed loan application form duly filled in and affixed with 3 Passport size photographs
- Identity Proof (any one): PAN Card/ Passport/Driver’s License/Voter ID.
- Residence Proof (any one): Recent copy of telephone bill/electricity bill/water bill/piped gas or copy of Passport/Driver’s License/Aadhaar Card.
Property papers:
- Permission for construction (wherever applicable)
- Registered agreement for sale (only for Maharashtra)/ Allotment letter/ Stamped agreement for sale.
- Occupancy certificate (in case of move-in property)
- Share certificate (only for Maharashtra), Maintenance bill, Electricity bill, property tax receipt.
- Approved plan copy (Xerox blueprint) and Registered Development agreement of the builder, Conveyance deed (for new property).
- Payment receipt or bank account statement showing all the payments made to Builder/seller.
Account statement:
- Last 6 months bank account statements for all bank accounts held by the applicant/s.
- If any previous loans from other banks/lenders, then loan account statement for last one year.
Income proof for salaried applicant/ co-salaried applicant/guarantor:
- Salary slip or salaried certificate of last 3 months
- Copy of Form 16 for last 2 years or copy of IT returns for last 2 financial years, acknowledged by IT department.
Income proof for non-salaried/co-applicant/guarantor:
- Business address proof
- IT returns for last 3 years
- Balance sheet and profit & loss account for last 3 years
- Business License details (or equivalent)
- TDS Certificate (Form 16A, if applicable)
- Certificate of qualification (for C.A, Doctors and other professionals)
Click To:- Know More SBI Home Loan Documents Requirements

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