Personal, home, vehicle & other loans

Flexipay Home Loan

A salaried-borrower home-loan variant offering up to 20% higher eligibility, an interest-only moratorium followed by moderated and stepped-up , and repayment up to 30 years.

Published starting floating rate7.25% p.a. onwards, subject to SBI card-rate terms and borrower profile Maximum tenure360 months, with application by age 45 and repayment by age 70 TenureA salaried-borrower home-loan variant offering up to 20% higher eligibility, an interest-only moratorium followed by moderated and stepped-up EMIs, and repayment up to 30 years.

Official product page ↗Compare category

✓ Manually checked 13 Aug 2026 · active

Offered byState Bank of India

India

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Repayment structureInterest-only pre-EMI during the moratorium, then moderated EMIs that step up in subsequent yearsView source

This structure distinguishes Flexipay from the general home loan.

Source: Flexipay Home Loan
Page / section: Introduction
Accessed: 13 Aug 2026
Confidence: high

Open official source ↗

Published eligibility upliftUp to 20% higher home-loan eligibilityView source

Actual sanctioned amount remains subject to underwriting.

Source: Flexipay Home Loan
Page / section: Features
Accessed: 13 Aug 2026
Confidence: high

Open official source ↗

Published starting floating rate7.25% p.a. onwards, subject to SBI card-rate terms and borrower profileEffective 1 Apr 2026View source

The current public disclosure is an onwards rate.

Source: Home Loans Interest Rates (Current)
Page / section: Home Loan Card Interest Rates
Accessed: 13 Aug 2026
Confidence: high

Open official source ↗

Maximum tenure360 months, with application by age 45 and repayment by age 70View source

Minimum age is 21.

Source: Flexipay Home Loan
Page / section: Eligibility
Accessed: 13 Aug 2026
Confidence: high

Open official source ↗

Processing fee0.35% of loan amount, minimum ₹5,000 and maximum ₹15,000, plus GST for salaried customersView source

Flexipay is restricted to salaried borrowers.

Source: Home Loans Processing Fee
Page / section: Home Loan & Top Up for Salaried Customer
Accessed: 13 Aug 2026
Confidence: high

Open official source ↗

Conversion, switchover and revalidation chargesTerm Loan to Maxgain or Maxgain to Term Loan conversion: ₹5,000 plus GST. Switchover from MCLR, SBAR or Base Rate to EBLR: ₹5,000 plus GST. Loan revalidation: ₹5,000 plus GST.Effective 1 Apr 2026View source

Every separately listed service charge and applicable benchmark family is retained.

Source: Home Loans — Processing Fee Card Rates
Page / section: Page 1 — Conversion and revalidation charges
Accessed: 13 Aug 2026
Confidence: high

Open official source ↗

Prepayment / foreclosureNo prepayment penalty.View source

The manually reviewed product record states: “No prepayment penalty”. The issuer's current sanction terms should still be confirmed before applying.

Source: Flexipay Home Loan — official product page
Page / section: Fees and prepayment
Accessed: 13 Aug 2026
Confidence: high

Open official source ↗

Loan typeHome loanView source

The official product name identifies this as “ Flexipay Home Loan”.

Source: Flexipay Home Loan — official product page
Page / section: Official product name and loan classification
Accessed: 13 Aug 2026
Confidence: high

Open official source ↗

BenchmarkSBI home and home-related loan pricing is benchmark-linked to the repo/External Benchmark Lending Rate. The current EBLR reference is 7.90% + CRP + BSP (effective 15 December 2025); the borrower- and product-specific CRP/BSP is set under SBI's current card-rate terms. SBI's home-loan portal also states that a change in the benchmark repo rate changes the account interest rate.Effective 15 Dec 2025View source

The page publishes 7.90% + + , while the Home Loans portal explains that a change in the repo benchmark changes the home/home-related loan rate. No separate / is published for each variant on the reviewed catalogue.

Source: External Benchmark based Lending Rate and Home Loans portal
Page / section: / effective from 15 December 2025; Home Loans portal — Important Notification
Accessed: 29 Aug 2026
Confidence: high

Open official source ↗

TenureA salaried-borrower home-loan variant offering up to 20% higher eligibility, an interest-only moratorium followed by moderated and stepped-up EMIs, and repayment up to 30 years.View source

The manually reviewed product summary states: “A salaried-borrower home-loan variant offering up to 20% higher eligibility, an interest-only moratorium followed by moderated and stepped-up , and repayment up to 30 years.”.

Source: Flexipay Home Loan — official product page
Page / section: Published loan terms in product summary
Accessed: 13 Aug 2026
Confidence: high

Open official source ↗

Benefits and features

Up to 20% higher eligibility
Interest-only moratorium
Stepped-up
30-year maximum tenure
No prepayment penalty

Eligibility

Resident salaried applicants aged 21 to 45 at application.
Repayment must ordinarily finish by age 70.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

Application and
Salary and Form 16 or evidence
Six months' bank statements
Property documents

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

Amount you want to borrowThe money you would receive from the lender.₹twenty-five lakh rupees₹50,000₹2,00,00,000Yearly interest rateThe percentage charged on the outstanding loan each year.%2%30%Time to repayA longer time usually lowers the monthly payment but raises total interest. months6 months360 months

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees

Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees

Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

TableReferenceChoose column

· Published value7.90% + +

This value is copied from home-loan benchmark reference. Check the table notes before relying on it.

Source: External Benchmark based Lending Rate and Home Loans Interest Rates · / table; Home Loan Card Interest Rates Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 2 rows · 4 columnsSBI home-loan benchmark referenceThe current published external-benchmark formula and the home-loan portal's repo-reset explanation.View tableHide table

Scroll sideways to view every column

SBI home-loan benchmark reference
Reference	Published value	Effective date	How it applies
	7.90% + +	15 December 2025	Product and borrower pricing adds the published credit-risk and business-strategy spreads; repo changes can change the account rate.
Home-loan card rate	7.25% p.a. onwards	1 April 2026	Advertised starting rate; the reviewed page does not disclose each product's / breakdown.

The benchmark and advertised starting rate are different fields; the starting card rate is not treated as a universal rate for every borrower or variant.

External Benchmark based Lending Rate and Home Loans Interest Rates · / table; Home Loan Card Interest Rates · effective 15 Dec 2025 · accessed 29 Aug 2026Open official source ↗

Table 2 · 14 rows · 6 columnsSBI home-loan variants — published values and checked gapsA compact audit table showing what the current official pages publish for the previously sparse comparison cells.View tableHide table

Scroll sideways to view every column

SBI home-loan variants — published values and checked gaps
Variant		Minimum income	Maximum amount	Tenure	Processing fee
General Home Loan	Not published separately	No rupee threshold published	No fixed cap on page; online eligibility link	Up to 30 years	0.35%; ₹5,000–₹15,000 salaried / ₹5,000–₹18,000 non-salaried +
Balance Transfer	Not published separately	No rupee threshold published	No fixed cap on page; online eligibility link	Extended tenure stated; numeric term not published	0.35%; ₹5,000–₹15,000 salaried / ₹5,000–₹18,000 non-salaried +
Flexipay	Not published separately	Salaried route; no rupee threshold	No fixed cap on page; online eligibility link	Up to 30 years	0.35%; ₹5,000–₹15,000 salaried +
Privilege	Not published separately	Eligible public-sector employees; no rupee threshold	No fixed cap on page	Up to 30 years	Nil; other out-of-pocket costs at actuals
Shaurya	Not published separately	Eligible Defence personnel; no rupee threshold	No fixed cap on page	Up to 30 years	Nil; other out-of-pocket costs at actuals
Pre-Approved Home Loan	Not published separately	Pre-approved route; no rupee threshold	No fixed cap on page; offer route	Up to 30 years	0.35%; current card caps +
Realty	Not published separately	No rupee threshold published	Up to ₹15 crore	Overview 15 years; eligibility says up to 10 years	0.35%; current card caps +
Non-Salaried	Not published separately	Tax/business records; no rupee threshold	₹20 lakh–₹50 crore range stated in product summary	Up to 30 years	0.35%; non-salaried cap ₹18,000 +
Home Top Up	Not published separately	Existing-loan route; no rupee threshold	No fixed cap on page; online eligibility link	Up to 30 years	0.35%; current card caps +
Tribal Plus	Not published separately	No rupee threshold published	₹30 lakh salaried / ₹20 lakh non-salaried	Up to 15 years	0.35%; current card caps +
Reverse Mortgage	Not published separately	Property/age route; no income floor	₹2 crore specified centres / ₹1.50 crore elsewhere	10–20 years	0.35%; ₹3,000–₹12,000 +
Home Loan	Not published separately	No rupee threshold published	No fixed cap on page	Up to 30 years	Page links current card; no product-specific fee shown
Combo Home Loan	Not published separately	No rupee threshold published	No fixed cap on page; online eligibility link	Up to 30 years	0.35%; current card caps +
Repair and Renovation	Not published separately	No rupee threshold published	Up to ₹1 crore	Up to 20 years	0.35%; current card caps +

Not published means the named product page and the linked current rate/fee source were reviewed and did not state that product-specific value; it is not an inferred estimate.
The column is intentionally separate from published interest/card-rate figures.
Realty retains the page's conflicting 15-year overview and 10-year eligibility statements.
The processing-fee was read as a complete one-page table; fee applicability is not extended to where the page does not identify a product-specific fee.

home-loan current rate page, product pages and Processing Fee Card Rates · Current home-loan rate page; individual variant pages; Processing-Fee-Card-Rates.pdf page 1 · effective 1 Apr 2026 · accessed 29 Aug 2026Open official source ↗

Table 3 · 10 rows · 2 columnsSBI Home Loan & Top Up — processing-fee cardComplete transcription of the official one-page fee card. It displays no effective date; values are shown as printed, including applicant-type caps, named scheme waivers, taxes and service charges.View tableHide table

Scroll sideways to view every column

SBI Home Loan & Top Up — processing-fee card
Product / applicant	Processing fee
Home Loan & Top Up — salaried customer	0.35% of loan amount; minimum ₹5,000 and maximum ₹15,000; plus
Home Loan & Top Up — non-salaried customer	0.35% of loan amount; minimum ₹5,000 and maximum ₹18,000; plus
Loan against Property ()	1% of loan amount; maximum ₹50,000; plus applicable
Reverse Mortgage loan	0.35% of loan amount; minimum ₹3,000 and maximum ₹12,000; plus
Insta Home Top up loan	₹3,000 plus
Suraksha Loan	Nil
Privilege & Shaurya Home Loans	Nil
Processing fee for conversion from Term loan to Maxgain and vice versa	₹5,000 plus
Processing fee switchover from / SBAR / Base Rate to regime	₹5,000 plus
Processing Fee for Revalidation of Loans	₹5,000 plus

The complete one-page was re-downloaded, hashed and visually checked on 6 October 2026. Its metadata shows creation on 1 April 2026, but the page itself prints no effective date; no effective date is asserted here.
Only the ten rows printed on this card are included. Scheme-specific rows not present on this page are not attributed to this source. wording follows the card.

Home Loan & Top Up — Processing Fee Card · page 1 — complete PROCESSING FEE table, all 10 rows · accessed 6 Oct 2026Open official source ↗

Flexipay Home Loan

What the official sources publish

Benefits and features

Eligibility

Documents the bank lists

Related official documents

Try the numbers

Loan repayment estimate

Find the exact published value

Complete rates, limits and schedules

Related products

SBI Aashray Home Loan

SBI Assured Car Loan

SBI Certified Pre-Owned Car Loan

SBI Combo Home Loan

SBI Flexipay Home Loan

What the official sources publish

Benefits and features

Eligibility

Documents the bank lists

Related official documents

Try the numbers

Loan repayment estimate

Find the exact published value

Complete rates, limits and schedules

Related products

SBI Aashray Home Loan

SBI Assured Car Loan

SBI Certified Pre-Owned Car Loan

SBI Combo Home Loan

Flexipay Home Loan