Current SBI Home Loan Interest Rate 2026
SBI home loan rates start at 8.50% p.a. and are linked to the Repo Linked Lending Rate (RLLR). Rates vary based on loan amount, CIBIL score, and borrower category.
| Bank | Interest Rate (p.a.) | Max Tenure |
|---|---|---|
| SBI ★ | 8.50% onwards | 30 years |
| HDFC Bank | 8.70% onwards | 30 years |
| ICICI Bank | 8.75% onwards | 30 years |
| Axis Bank | 8.75% onwards | 30 years |
Updated April 2026. Rates are indicative — contact your lender for personalised offers.
SBI Home Loan Features and Eligibility
SBI offers home loans up to ₹5 Crore (and higher for premium properties) with tenures up to 30 years. Key features include zero prepayment charges on floating-rate loans, a 0.05% rate concession for women, and special schemes for government employees (SBI Privilege Home Loan) and defence personnel (SBI Shaurya Home Loan). SBI also offers an overdraft-based home loan (MaxGain) that allows you to park surplus funds and reduce interest outgo. Eligible applicants include salaried employees, self-employed professionals, and NRIs with a minimum age of 18 years and CIBIL score of 700+.
How to Apply for an SBI Home Loan
Apply online via the YONO SBI app or the SBI website, or visit any SBI branch. Keep ready: KYC documents (Aadhaar, PAN), last 3 months' salary slips (or 2 years' ITR for self-employed), last 6 months' bank statements, property documents, and a passport-size photo. SBI typically processes home loan applications within 3–7 working days. For faster approval, ensure your CIBIL score is above 700 and all documents are in order before applying.