Key facts
What the official sources publish
Every value below belongs to this exact product. Select a source marker to check its context.
Employment eligibilityCentral or State Government employees including eligible PSB and Central PSU employees, and other individuals with pensionable service
Source 1Published starting floating rate7.25% p.a. onwards; SBI also publishes a check-off concession for this schemeEffective 1 Apr 2026
Source 2Maximum tenure360 months, subject to repayment by age 75
Source 3Processing feeNil.Effective 1 Apr 2026
Source 4Benefits and features
- Government-employee proposition
- Check-off interest concession
- No processing fee
- 30-year maximum tenure
- Repayment age up to 75
Eligibility
- Resident Indian applicants in a qualifying pensionable employment relationship.
- Check-off concession is conditional and should be reconfirmed at sanction.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- Application and KYC
- Employment and salary evidence
- Bank statements
- Property documents
- Income documents for co-applicant or guarantor