SBI Property Loan
Check your eligibility , interest rates , documents , best property loan with SBI , Apply Online. Online sbi calculator for emi calculation.
Property Loan Scheme
Avail of an All-Purpose loan against mortgage of any of your property. you can get sbi property loan at any branch of state bank of India all over the country.This is an all purpose loan, the loan can be obtained for any purpose whatsoever.If amount of loan is Rs.25 lacs and above then purpose of loan will have to be specified along with an undertaking that loan will not be used for any speculative purpose whatever including speculation on real estate and equity shares.
Where more than 50% of NMI is coming from Salary Income
Loan Amount | Interest Rate |
Upto Rs. 1 crore | 1.45% + 1 yr MCLR = 09.45% |
Above Rs. 1 cr & upto Rs. 2 crs. | 2.10% + 1 yr MCLR = 10.10% |
Above Rs. 2 crs. & upto Rs. 7.50 crs. | 2.50% + 1 yr MCLR = 10.50% |
Where more than 50% of NMI is coming from Business/Profession or rental Income:
Loan Amount | Interest Rate |
Upto Rs. 1 crore | 2.10% + 1 yr MCLR = 10.10% |
Above Rs. 1 cr & upto Rs. 2 crs. | 2.60% + 1 yr MCLR = 10.60% |
Above Rs. 2 crs. & upto Rs. 7.50 crs. | 3.00% + 1 yr MCLR = 11.00% |
Interest rates | 10.35% – 11.90% |
Processing fees | 2.00% or Rs.50000/- Maximum |
Prepayment charges | Nil |
Repayment options | Upto 10 years |
Maximum loan amount | Rs.1 Crore |
Loan Margin | 60% |
Min. Income | Rs.12000 per month |
C. Maximum age limit: 60 years.
Enter the following information in the below EMI calculator:
Loan Amount | Repayment Time | Interest Rate | EMI Per Month |
Rs.1,00,000 | 1 Year | 10.65% – 11.65% | Rs.8821.85 – Rs.8868.51 |
Rs.1,00,000 | 2 year | 10.65% – 11.65% | Rs.4644.55 – Rs.4691.02 |
Rs.1,00,000 | 5 Year | 10.65% – 11.65% | Rs.2156.83 – Rs.2206.80 |
Rs.1,00,000 | 7 Year | 10.65% – 11.65% | Rs.1693.90 – Rs.1746.61 |
Rs.1,00,000 | 10 Year | 10.65% – 11.65% | Rs.1357.76 – Rs.1414.55 |
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