SBI Home Loan EMI Calculator
Calculate EMI for SBI home loan at current State Bank of India interest rates.
8.25% – 9.65% p.a.
₹10,000 + GST
Monthly EMI
₹42,603.28
Total Payment
₹1.02 Cr
Total Interest
₹52.25 L
Principal
48.9%
Interest
51.1%
Total EMIs
240
Loan closes
Jul 2046
Break-even
N/A
Interest : Principal
51.1% : 48.9%
Outstanding balance at any month
About SBI Home Loan EMI Calculator
SBI offers home loans through its regular Home Loan scheme and the SBI MaxGain overdraft facility. The repo-linked rate (RLLR) adjusts with RBI's policy changes. SBI is the preferred lender for PMAY (Pradhan Mantri Awas Yojana) subsidized housing loans.
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SBI Home Loan EMI by loan amount
Monthly EMI and total interest at 8.25% for 20 years — the typical rate and tenure for a SBI home loan. Change any value in the calculator above to match your own loan.
| Loan amount | Monthly EMI | Total interest |
|---|---|---|
| ₹5 L | ₹4,260 | ₹5.22 L |
| ₹10 L | ₹8,521 | ₹10.45 L |
| ₹20 L | ₹17,041 | ₹20.9 L |
| ₹30 L | ₹25,562 | ₹31.35 L |
| ₹50 L (default) | ₹42,603 | ₹52.25 L |
| ₹1 Cr | ₹85,207 | ₹1.04 Cr |
₹50 L SBI Home Loan EMI by tenure
| Tenure | Monthly EMI | Total interest |
|---|---|---|
| 10 years | ₹61,326 | ₹23.59 L |
| 15 years | ₹48,507 | ₹37.31 L |
| 20 years (default) | ₹42,603 | ₹52.25 L |
| 25 years | ₹39,423 | ₹68.27 L |
| 30 years | ₹37,563 | ₹85.23 L |
Stretching a ₹50 L SBI home loan from 10 to 30 years lowers the EMI by ₹23,763/month but adds ₹61.64 L in extra interest. Pick the shortest tenure your budget comfortably allows.
How SBI compares on home loan rates
SBI's starting home loan rate of 8.25% is among the lowest among the major banks we track (the sector average is 8.28%, and HDFC currently starts lowest at 7.9%). On a ₹50 L loan for 20 years, the gap to the cheapest lender works out to roughly ₹1,092/month, or about ₹2.62 L over the full tenure.
| Bank | From rate | EMI (20yr) | Processing fee |
|---|---|---|---|
| State Bank of India (this page) | 8.25% | ₹42,603 | ₹10,000 + GST |
| HDFC Bank | 7.9% | ₹41,511 | 0.5% (min ₹3,000) |
| ICICI Bank | 8.5% | ₹43,391 | 0.5% |
| Kotak Mahindra Bank | 8.25% | ₹42,603 | 0.5% |
| Axis Bank | 8.5% | ₹43,391 | 1% (min ₹10,000) |
Starting rates for salaried borrowers with a 750+ CIBIL score, as of 2026-07-14. EMI shown for a ₹50 L loan over 20 years. Actual rates depend on your profile — always confirm on the bank's website.
Frequently Asked Questions
What is the EMI on a ₹50 L SBI home loan at 8.25%?▾
At 8.25% for 20 years, the EMI on a ₹50 L SBI home loan is about ₹42,603 per month. Over the full term you repay ₹1.02 Cr — ₹50 L of principal plus ₹52.25 L of interest, which is 104% of what you borrow. Adjust the amount, rate, and tenure above for your exact figures.
Is SBI's home loan rate competitive?▾
SBI's starting rate of 8.25% is among the lowest among the major banks we track — HDFC currently starts lower at 7.9%. On a ₹50 L loan for 20 years, that gap is roughly ₹1,092/month, or about ₹2.62 L over the full tenure — so it is always worth comparing lenders before you lock in.
What is the current SBI home loan interest rate?▾
SBI home loans start at 8.25% p.a. for salaried borrowers with 750+ CIBIL score. The rate goes up to 9.65% depending on loan amount and credit profile.
How do I apply for SBI home loan?▾
Apply online at homeloans.sbi.co.in, through the YONO app, or visit any SBI branch. You'll need income documents, property papers, and identity proofs. Processing takes 7–14 days typically.
What is SBI MaxGain home loan?▾
SBI MaxGain is an overdraft facility linked to your home loan. You deposit surplus funds in the account, which reduces the outstanding principal and saves interest. You can withdraw the deposited amount anytime like a current account.
Does SBI offer special rates for women?▾
Yes - SBI offers 0.05% concession on home loan interest rate for women borrowers (sole or first applicant). Over a 20-year loan, this can save several thousand rupees in interest.
What is the processing fee for SBI home loan?▾
SBI charges ₹10,000 + GST as processing fee. The fee may be waived periodically during special campaigns - check the current SBI website for active offers.