Key facts
What the official sources publish
Every value below belongs to this exact product. Select a source marker to check its context.
Loan structureHome Loan term loan or Home Loan Maxgain overdraft, on a daily reducing balance
Source 1Minimum loan amount₹15 lakh
Source 2Minimum age18 years
Source 3Maximum age70 years
Source 4Maximum tenure30 years
Source 5Home Loan term-loan rate7.25% to 8.55% p.a.Effective 20 May 2026
Source 6Home Loan Maxgain overdraft rate7.75% to 9.05% p.a.Effective 20 May 2026
Source 7Published EBLR7.90% p.a.Effective 20 May 2026
Source 8Published additional premium10 basis points for non-salaried borrowers with CIBIL score below 825Effective 20 May 2026
Source 9Processing fee0.35% of loan amount; minimum ₹5,000 and maximum ₹15,000 for salaried or ₹18,000 for non-salaried customers, plus GSTEffective 1 Apr 2026
Source 10Prepayment penaltyNo prepayment penalty
Source 11Published post-sanction chargesApplicable stamp duty and property-insurance premium; CERSAI ₹50 plus GST up to ₹5 lakh loan limit or ₹100 plus GST above ₹5 lakh
Source 12Home-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 13Conversion, 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 14Benefits and features
- Term-loan and Maxgain overdraft structures
- Daily reducing balance with up to 30 years' tenure
- No prepayment penalty and a stated concession for women borrowers
Eligibility
- Applicants must be NRIs or PIOs and satisfy SBI credit, income and property checks.
- The published applicant-age range is 18 to 70 years and the minimum loan amount is ₹15 lakh.
- The final interest rate is linked to EBLR, depends on CIBIL score and may include the published non-salaried risk premium.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- Completed loan application with passport-size photographs
- KYC identity and address documents where the SBI savings account is not KYC-compliant; updated address proof or PAN where required
- Property approvals, sale or allotment agreement, occupancy and ownership papers as applicable, approved plan and payment evidence
- Six months' overseas salary and savings account statements, Indian account statement if any, and one year of statements for existing loans
- Salaried applicants: valid work permit, employment contract with attested English translation where needed, salary evidence, employer ID and applicable prior-year tax return
- Non-salaried applicants: business-address and income proof, two years' audited or CA-certified financial statements and applicable tax returns, and six months' individual and business overseas bank statements