Competitive Interest Rates
10.15% p.a (10.10% p.a. if the first applicant is female)
Fast Door-step Service
Low Processing Charges
No Hidden Charges
No Pre-Payment Penalties
Daily Reducing Balance
Over 15,350 Branches Nationwide
SBI MaxGain Account / Over Draft Facility
SBI Also provides overdraft facility (MaxGain Account) with Internet banking and cheque book facility.
This account can be used as a normal bank account.
In this account you will be able to park any amount for any number of days and pull it out anytime for your urgent needs or regular expenses when they become due (e.g., paying kids school fees every quarter). The money thus kept in the MaxGain (OD) account reduces the total interest outgo on your home loan and helps you close your loan faster.


Loan Amount


Actual loan amount will be determined taking into consideration such factors as applicant’s income and repaying capacity, age, assets and liabilities, cost of the proposed house/flat etc. To enhance loan eligibility you have option to add:

  • Income of your spouse/ your son/ daughter living with you, provided they have a steady income.
  • Expected rent accruals (less taxes, cess, etc.) if the house/ flat being purchased is proposed to be rented out.
  • Depreciation, subject to some conditions.
  • Regular income from all sources.

Finance Available for

Cost of land, house / flat
Additional Amenities (Permanent in Nature)
Service tax and other statutory dues

Repayment Period


Maximum 30 year or up to the age of 70 year.

Maximum Home Loan Eligibility


Maximum Loan shall be minimum of the following 3:

  • LTV Ratio
  • Permissible EMI/NMI ratio
  • Laon Amount Applied

Margin/ LTV Ratio

Loan amount Upto Rs. 20 Lacs

  • Maximum LTV Ratio (Max.) : 90%

Loan amount Above Rs. 20 Lacs and Upto 75 Lacs

  • Maximum LTV Ratio (Max.) : 80%

Loan amount Above Rs. 75 Lacs

  • Maximum LTV Ratio (Max.) : 75%

*LTV ratio - Loan to value ratio.


Net Annual Income less than 1.2 Lacs

  • EMI/NMI Ratio : 20%

Net Annual Income above 1.2 Lacs and upto 3 Lacs

  • EMI/NMI Ratio : 30%

Net Annual Income above 3 Lacs and upto 6 Lacs

  • EMI/NMI Ratio : 50%

Net Annual Income above 6 Lacs and upto 10 Lacs

  • EMI/NMI Ratio : 60%

Net Annual Income above 10 Lacs

  • EMI/NMI Ratio : 70%

*NMI - Net Monthly Income.


Please note that this information is for indicative purposes only. This is not an offer to extend credit. The calculator provides approximate information about your loan payments. Your actual payment information may vary. Kindly contact your financial institution for exact details.
(**Interest rates are subject to change without prior notice and are linked to the Bank Base Rate)


Minimum Age at Entry

18 years as on the date of sanction

Maximum age

70 years. i.e. the age by which the loan should be fully repaid, subject to availability of sufficient, regular and continuous source of income for servicing the loan repayment.

Forms and Checklist

Document Checklist

Checklist of Documents Required for Home Loan.

Application Form

Download SBI Application Form

Asset and Liability Form

Download SBI Asset and Liability Form. This is needed along with the Application form while applying

Contact Us

Contact Us

Ajay Kumar : (M) +91-9910071667, (Email)

G.S. Kakkar : (M) +91 - 9811667417, (Email)