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
Apr 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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Frequently Asked Questions
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.