[2024] How to Apply Home Loan from SBI Bank
SBI Bank Home Loan Apply Online | How to Get Home Loan from SBI Bank
How to Apply Home Loan from SBI Bank and the process of taking it? Documents to take Home Loan from SBI, How much loan can you get?: Friends, many times you might be going through financial crunch. And in this time of trouble you might be taking money from your friends or relatives. Many times it happens that our friends and relatives also refuse to give money and money transactions also add bitterness to relationships. Therefore today we are going to tell you one such method. So that you will not be dependent on asking money from anyone. Today we will tell you about one such loan. Which you can easily take sitting at home. This must be absolutely incredible to hear and see, but it is true.
How to Apply Home Loan from SBI Bank
Today we will tell you about SBI Bank Home Loan. Today we will talk about how much Home Loan will be available from SBI? For how long will SBI Home Loan be available? How much interest will be charged on SBI Home Loan? How much will SBI Home Loan Processing Fee cost? Who can take SBI Home Loan? What documents will be required to take SBI Home Loan? SBI Bank Home Loan Eligibility Why take only SBI Home Loan? How to apply for SBI Home Loan? (How to take Home Loan from SBI Bank). SBI Bank Home Loan Customer Care Number & Review. About etc. So friends, let us know about SBI Bank Home Loan.
What is SBI Bank Home Loan?
State Bank of India has come up with an excellent loan for its customers. State Bank of India is offering attractive interest rates on Home Loans starting from 6.80% per annum. This loan given under SBI can be completed during the comfortable period. Ensuring a comfortable repayment period. The loan tenure can be extended up to 30 years. The processing fee in this loan given by SBI is also 0.35%. On the other hand, a rebate of 0.05% has also been given to women borrowers. Due to these reasons, SBI Home Loan is becoming everyone’s choice.
How much Home Loan will you get from SBI?
If we talk about the amount available through SBI Home Loan. So let us see that the loan provides a good amount to the customers. However, the loan amount depends on your eligibility. You will be given a loan as per your eligibility. Which directly depends on your monthly income. If we talk about the amount of SBI Home Loan, then you can take a loan ranging from Rs 30 lakh to Rs 75 lakh with the help of SBI Home Loan. SBI Home Loan interest rates start from 6.80%. Which can be maximum 7.50% per annum. SBI Bank Home Loan provides you a good amount of money.
For how long will SBI Home Loan be available?
Documents and information that are asked from you for the eligibility criteria to take a Home Loan from SBI. Your loan amount is decided on that basis. The time to repay the loan amount is given according to the loan amount. Well, if we talk about the time period of loan available from SBI Home Loan. So SBI offers Home Loan for a maximum period of 30 years. Your EMI is decided based on your loan amount.
How much interest will be charged on SBI Home Loan? (SBI Bank Home Loan Interest Rate)
It is very important to know about this aspect before taking any type of loan from any bank. SBI provides many types of loans. Interest rates are decided on the basis of loan only. For example, there are different types of interest rates for regular SBI Home Loan and SBI realty Home Loan. SBI Realty Home Loan starts from 6.95%. SBI Realty Home Loan can range from 7.65% – 8.05%. SBI’s interest rates are very low compared to other banks. Which is a good thing for the customers.
How much will SBI Home Loan Processing Fee cost?
If we talk about processing fees, then according to the information available on SBI website, it is currently applicable on Home Loans. Processing fee, 0.35% of loan amount + service tax. This fee can be charged minimum Rs 2000 + tax and maximum Rs 10000 + tax. The processing fee has to be paid by the customer to the bank at the time of bank documentation. Apart from this you do not have to pay any hidden charges.
Who can take SBI Home Loan?
If we talk about who can take Home Loan from SBI. So let us tell you. To take a Home Loan from SBI, your age should not be more than 18 years and not more than 70 years. Any person who does any job. Or runs his own business. He can take SBI Home Loan. For this you must be an Indian. Even if you are an NRI, this facility is available to you. Separate criteria have been set for that.
What documents will be required to take SBI Home Loan? (Document to take Home Loan from SBI)
If you want to take loan from SBI. So this question must be troubling you that what documents should you have to take a loan. So friends, let us tell you what are the documents required to take a loan.
- It is necessary for the applicant to have an identity card. So that the identity and authenticity of the person can be known.
- SBI Home Loan Form. Which you will have to fill in the form of application form.
- Three passport size photographs (to be placed on the application form)
- Identity Proof: PAN Card/Aadhar Card/Passport/Driving License/Voter ID Card any one of these is mandatory.
- Address Proof: Passport/Driving License/Aadhaar/Utility Bill (Electricity Bill, Telephone Bill, Water Bill and Piped Gas Bill) etc. can be used.
- Apart from this, you should have property documents.
- The place where you are building a house. No legal case should be registered at that place. You must have the right to build a house on that land.
- You will also need a bank account and salary slip.
SBI Bank Home Loan Eligibility (How to take Home Loan from SBI)
SBI also gives you Home Loan for Indian residents or NRI Indians. Your options may be different for that.
- The minimum monthly income of the applicant should be Rs 15,000 or more.
- The minimum income of the co-applicant should be INR 10,000 or more.
- The age of the applicant should be between 18 to 70 years.
To take a loan from SBI Bank, you do not have to go through a lengthy process to prove your eligibility. “How to Apply Home Loan from SBI Bank and its process? Documents to take Home Loan from SBI, How much loan can I get?”
Why take only SBI Home Loan?
Come on guys! Know about the benefits of SBI Home Loan.
- SBI loans are provided for both job and self-employment.
- Special rates are offered for female customers. Women customers are given concession in interest rates.
- The loan-to-value ratio can be as high as 90%.
- The loan tenure can range from 5 years to 30 years.
- No prepayment penalty is charged. You can reduce your interest burden by prepaying the loan.
- Special benefits package. SBI has more than 15,969 branches across the country. You can take any type of information from them
- Flexible repayment with tenure up to 30 years.
- You can choose your loan amount and repayment period as per your convenience.
- Interest rates range from 6.80% per annum to 7.50% per annum.
How to apply for SBI Home Loan? (How to take Home Loan from SBI Bank)
Now you must be wondering how you can apply for this loan. Loan can be taken in SBI in 6 ways. Of which we are telling you the main and easiest method. sbi bank Home Loan apply online:
Going to the branch
The best and simplest solution is to go to any branch of State Bank of India and apply for a loan. Because loan can be understood well in offline. For this you have to fill the application form. After that the loan is given to you.
Toll free
Apart from this, you can also get a loan by using the toll free number during this pandemic.
Facility to apply for Home Loan is also provided by calling toll free number 1800112018. Apart from this you can message on 567676. In which you have to write ‘HOME’. After that the bank agent will contact you. And will tell you the further steps.
Apply Online
You can also apply online at www.Homeloans.Sbi. Qualification, eligibility, document list and other information will be given on this website. You can apply for Home Loan on this www.Homeloans.Sbi website.
Apply through App
Yono app can also help you in taking loan. This app is available on Google Play Store. If you want to apply through the app then you will have to log in to the app for this. After that you have to click on the instant loan option. After instant loan, you have to choose the option of Home Loan. After this whatever information is asked from you. You have to fill it in the app. After that the bank agents can contact you.
SBI Bank Home Loan Customer Care Number
Toll free number – 1800 425 3800 State Bank of India, apart from being the largest bank in the country, is also the most trusted. The Bank provides comprehensive support to its customers. Be it about loan, account or card. You can contact toll free number – 1800 425 3800. Apart from this, you can also go to the nearest branch. “How to Apply Home Loan from SBI Bank and its process? Documents to take Home Loan from SBI, How much loan can I get?
SBI Bank Home Loan Review
If we talk about SBI Bank Home Loan then we read the reviews of SBI Bank Home Loan. And found that many people are happy with the facilities provided by this bank Home Loan. On the other hand, people are angry with this and some people are facing problems. The SBI loan process is very long. On the other hand, it is taking time to get the loan approved. Customers are facing many other problems.
SBIK Home Loan has a rating of 3.5 on Play Store. You go to Google Play Store and see the reviews. So that you know in advance what problems you may have to face. It has become natural to face difficulties in taking loan in any bank. Ultimately, we want to tell you that you should do thorough research before taking any type of loan. And the important thing is that the bank keeps changing its scheme from time to time. For this you get information either on the official website. Or you can go to any nearest branch and get information.
Conclusion (How to take Home Loan from SBI)
In this article we have discussed “How to Apply Home Loan from SBI Bank and its process? Documents to take Home Loan from SBI, How much loan can I get? Have given you all the information. If still you need information related to SBI Bank Home Loan. So you can feel free to ask in the comment section. If you liked the information, then please share this post with your friends and relatives. So that they can take advantage of this loan in times of trouble. We apologize for any errors in the post. Do let us know how you liked the post by commenting. You can read information about other such interesting loans on our website. Stay with us for loan related articles full of such important information. Thank you.
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