State Bank of India is one of the most popular public sector banks in India as it has successfully provided home loans for over 30 lakh families to fulfill their desires of owning their dream castle. It is the largest Mortgage Lender in India. The solid foundation of trust and transparency is built in the tradition of SBI. They shower perfect value to the customers by providing a wide product range, interest calculation on daily reducing balance, overdraft facility available, low-interest rates, low processing fees, no hidden costs, and no pre-payment penalty.

SBI finances up to 90% of the property’s cost at 8.40% p.a. onwards for tenures up to 30 years. , offers an interest rate on home loans starting at 9.15% p.a. with a processing fee ranging between 0.35% and 1% of the total loan amount. The bank offers special home loan products for defense personnel, government employees, non-salaried individuals, applicants buying ‘green’ homes, and individuals living in hilly/tribal areas. Other benefits that come with SBI home loans include interest rate concessions of 0.05% to women borrowers, overdraft facility, balance transfer facility, step-up loans, etc.

SBI Home Loan, SBI Home Loan Balance Transfer, NRI Home Loan, Flexipay Home Loan, Privilege Home Loan, Shaurya Home Loan, Pre-approved Home Loan, Realty Home Loan, Top-up Home Loan, YONO Insta Home Top-up Loan, Home Loan to Non-Salaried Differential Offerings, and SBI Tribal Plus. The bank has scrutinized each necessity of the customers very carefully and has introduced a list of loans that can be availed to seek whatever they dream of. Whether the customer is a salaried employee or from abroad every type of customer can swiftly and freely dream to own a safe roof. Not only this, SBI has promised to give a stress-free home life for government officials, army & defense personnel.

Earlier, for a commoner like non-salaried individuals and tribal people loan was just a dream, today advances in both the financing & banking industry and real estate have made dreaming possible. SBI believes in bestowing every dream with high-end features and loans.