Key facts
What the official sources publish
Every value below belongs to this exact product. Select a source marker to check its context.
PurposePurchase of a residential plot for construction of a dwelling unit
Source 1Maximum published finance₹15 crore
Source 2Construction deadlineHouse construction must be completed within 3 years from sanction or disbursement
Source 3Published starting floating rate7.25% p.a. onwards across SBI home loans; Realty-specific card pricing appliesEffective 1 Apr 2026
Source 4Published tenure disclosureThe introduction and features say repayment up to 15 years, while the eligibility block says loan tenure up to 10 years; confirm the applicable maximum with SBI
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
- Residential plot finance
- Published ceiling up to ₹15 crore
- Separate construction-loan pathway
- No prepayment penalty
Eligibility
- Resident Indian applicants aged at least 18, with the page stating maximum age 65.
- The current official page conflicts on 10-year versus 15-year tenor and must be reconfirmed.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- Application and KYC
- Income and bank statements
- Plot title and sale documents
- Construction plan and approvals where applicable