State Bank of India (SBI) is India’s largest public sector bank and one of the most trusted financial institutions when it comes to home loans. With millions of satisfied customers, SBI offers a wide range of home loan schemes that are affordable, transparent, and tailored to meet the diverse needs of homebuyers. One of the biggest attractions of SBI home loans is its competitive interest rates, flexible repayment options, and minimal processing charges.
In this comprehensive guide, we cover everything you need to know about SBI home loan interest rates in 2025, including types of loans, eligibility criteria, benefits, EMI calculations, and expert tips to secure the lowest possible rate.
Current SBI Home Loan Interest Rates (2025)
As of August 2025, SBI home loan interest rates start from 8.40% p.a. onwards. The exact rate depends on various factors such as loan amount, applicant’s credit score, type of home loan, and tenure.
Here’s a quick overview of the SBI home loan interest rates 2025:
| Type of Home Loan | Interest Rate (p.a.) |
|---|---|
| Regular Home Loan | 8.40% – 9.10% |
| SBI Privilege Home Loan (Govt Employees) | 8.35% – 8.95% |
| SBI Shaurya Home Loan (Defence & Paramilitary) | 8.30% – 8.90% |
| SBI MaxGain Home Loan (Overdraft) | 8.50% – 9.15% |
| SBI NRI Home Loan | 8.45% – 9.05% |
| SBI Realty Home Loan | 8.55% – 9.20% |
| SBI Flexipay Home Loan | 8.50% – 9.25% |
| SBI Home Loan Balance Transfer | 8.40% onwards |
Note: The above rates are floating interest rates and may vary depending on applicant’s profile, CIBIL score, and RBI repo rate changes.
Key Features of SBI Home Loans
Lowest Interest Rates: Among the most competitive in the market.
Long Tenure Options: Repayment period of up to 30 years.
Minimal Processing Fees: Starting from 0.35% of loan amount.
Balance Transfer Facility: Shift your existing loan from another bank to SBI at a lower interest rate.
Zero Hidden Charges: Transparent documentation and no hidden costs.
Special Concessions for Women Borrowers: Women applicants enjoy 0.05% lower interest rates.
Eligibility Criteria for SBI Home Loan
To avail a home loan from SBI, applicants must meet the following criteria:
Age: Minimum 18 years and maximum 70 years at the time of loan maturity.
Employment Type: Salaried individuals, self-employed professionals, NRIs, and pensioners.
Income: Stable and regular source of income as per SBI norms.
CIBIL Score: Minimum 750+ recommended for best rates.
Co-applicants: Spouse or immediate family members can be co-borrowers.
Documents Required for SBI Home Loan
Here’s a list of essential documents needed to apply:
Identity Proof: Aadhaar Card, PAN Card, Passport, or Voter ID.
Address Proof: Utility bills, Passport, or Aadhaar Card.
Income Proof:
For salaried: Salary slips, Form 16, Bank statements (last 6 months).
For self-employed: ITRs, Balance Sheet, Profit & Loss Statement.
Property Documents: Sale deed, Agreement to sell, Approved building plan, NOC from builder/society.
L
Types of SBI Home Loans
1. SBI Regular Home Loan
The standard loan scheme for buying or constructing a house. Interest rates start from 8.40% p.a.
2. SBI Privilege Home Loan
Exclusive for government employees, offering slightly lower interest rates and flexible repayment options.
3. SBI Shaurya Home Loan
Specially designed for defense and paramilitary forces personnel, with attractive concessions and lower EMIs.
4. SBI MaxGain Home Loan
An overdraft-linked home loan that allows you to park surplus money in your loan account and save interest.
5. SBI NRI Home Loan
Tailored for Non-Resident Indians (NRIs) who want to buy property in India.
6. SBI Flexipay Home Loan
Ideal for young professionals with rising income potential. Borrowers pay lower EMIs in the initial years and higher EMIs later.
7. SBI Realty Home Loan
For purchasing land or plot for residential construction.
How SBI Home Loan Interest Rates Are Determined
SBI home loan interest rates are linked to the RBI repo rate through the External Benchmark Rate (EBR). This means whenever the RBI changes repo rates, SBI revises its home loan rates accordingly.
Key factors influencing your interest rate include:
-
CIBIL Score
-
Loan Amount & Tenure
-
Applicant’s Profile (salaried, self-employed, NRI)
-
Type of Loan (regular, MaxGain, Shaurya, etc.)
-
Women Borrower Concessions
SBI Home Loan EMI Calculator
Before applying, it’s crucial to calculate your EMI (Equated Monthly Installment). SBI provides an online EMI calculator where you can enter loan amount, tenure, and interest rate to get an accurate EMI estimate.
For example:
Loan Amount: ₹50 Lakhs
Interest Rate: 8.40% p.a.
Tenure: 20 years
Approx EMI: ₹43,100 per month
This helps borrowers plan finances effectively and avoid repayment issues.
Tips to Get the Lowest SBI Home Loan Interest Rate
Maintain a High Credit Score (750+)
Opt for a Shorter Tenure to reduce overall interest outgo.
Apply Jointly with a Woman Applicant for additional concessions.
Choose Floating Rate Loans as they are directly linked to repo rates.
Transfer Existing Loan to SBI if your current bank charges higher interest.
Why Choose SBI for Your Home Loan?
India’s most trusted bank with a vast branch network.
Transparent and customer-friendly loan policies.
Customized loan products for salaried, self-employed, NRIs, and defense personnel.
Digital facilities like YONO SBI for online application and tracking.
Final Thoughts
A home is a lifetime investment, and choosing the right bank for your home loan is crucial. With SBI’s competitive home loan interest rates in 2025, flexible repayment options, and borrower-friendly schemes, it stands out as the best choice for homebuyers in India.
Whether you are a first-time homebuyer, an NRI looking to invest in property, or an existing borrower planning to transfer your loan, SBI home loans provide unmatched affordability and reliability.
