Key facts
What the official sources publish
Every value below belongs to this exact product. Select a source marker to check its context.
Eligible purposesReady-built, under-construction or pre-owned home purchase; plot or plot plus construction; self-construction; extension; repair or renovation
Source 1Published starting floating rate7.25% p.a. onwards, subject to SBI card-rate terms and borrower profileEffective 1 Apr 2026
Source 2Maximum tenure360 months, subject to repayment by age 70
Source 3Processing fee0.35% of loan amount; salaried minimum ₹5,000 and maximum ₹15,000, non-salaried minimum ₹5,000 and maximum ₹18,000, plus GST
Source 4Prepayment penaltyNil
Source 5Home-loan processing-fee scheduleHome Loan and Top Up processing fee: salaried customers 0.35% of loan amount, minimum ₹5,000 and maximum ₹15,000, plus GST; non-salaried customers 0.35%, minimum ₹5,000 and maximum ₹18,000, plus GST.Effective 1 Apr 2026
Source 6Conversion, 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 2026
Source 7Benefits and features
- Multiple residential purposes
- Term-loan or overdraft option
- 30-year maximum tenure
- Women-borrower concession
- No prepayment penalty
Eligibility
- Resident Indian applicants aged at least 18; the loan must ordinarily be repaid by age 70.
- Approval and amount depend on income, repayment capacity, property and SBI underwriting.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- Application and KYC
- Six months' bank statements
- Income documents
- Property title, approval and payment documents
- Existing-loan statement where applicable