Key facts
What the official sources publish
Every value below belongs to this exact product. Select a source marker to check its context.
FacilityTransfer of an existing home loan from an eligible bank, NHB-registered HFC or qualifying government or PSU employer
Source 1Published starting floating rate7.25% p.a. onwards, subject to SBI card-rate terms and borrower profileEffective 1 Apr 2026
Source 2Existing-loan conductExisting interest and instalments must have been serviced regularly under the original sanction terms
Source 3Processing fee0.35% of loan amount, with current salaried or non-salaried minimum and maximum caps, 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
- Transfer from eligible lenders
- Overdraft option
- Women-borrower concession
- No prepayment penalty
Eligibility
- Resident Indian applicant aged 18 to 70.
- Valid title papers and satisfactory servicing of the existing loan are required.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- Application and KYC
- Current lender sanction letter
- One-year loan statement
- List of originals held by lender
- Property and income documents