How to apply for SBI home loan on

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Although the basic requirement of a home loan customer is the same – i.e. to purchase a house, but there are various facilities and requirements of people from different backgrounds. For instance, a business owner may have different requirements compared to a salaried employee. This is the reason that State Bank of India offers different home loan products to suit different requirements.


How to apply for SBI home loan on

Nowadays many websites like provide the facility for applying for home loans online. These websites are quite user friendly and the best part about applying on these websites is that you can compare the different home loan products available in the market and choose the one that suits you the best. By far the variety of home loan products offered by SBI is the largest in the market and no other bank provides so many different options to its customers. The different types of home loans offered by SBI are as follows:

  • SBI Max gain home loan
  • SBI Yuva home loan
  • SBI NRI home loan
  • SBI realty home loan
  • SBI pal home loan
  • SBI tribal plus home loan
  • SBI Gram Niwas home loan
  • SBI sahyog niwas home loan
  • SBI flexi-pay home loan
  • SBI her ghar loan

Applying for an SBI home loan on is quite simple and easy. You simply have to open the home loan section of the website and click on the option of SBI bank home loan provided among a list of home loans from different banks. These links are provided at the right hand side of the page and clicking on the link for SBI home loans will take you to a new page where you have to fill out an online form with your full name, email address and phone number. You will shortly be contacted by an SBI home loan executive who will discuss your requirements with you.

The process of applying for the home loan is quite simple and once you submit your documents the bank will verify them and study your credit score before approving the loan. Other factors like your monthly income and your ability to repay the loan are also considered both for approval of the loan and also for deciding the loan amount. You can take any of your earning family members as a co-applicant to increase the loan amount.

Why SBI home loans?

SBI is one of the most trusted and preferred banking institutions in India as far as loans are concerned. This is partially due to the easy and convenient processing methods and low interest rates. The bank was provided the ‘most preferred home loan provider’ title, Awaaz consumer awards and also the ‘most preferred bank’ award in a survey conducted by TV 18 in association with ORG Marg in 21 cities across the country.

The low processing charges levied by SBI bank make home loans more affordable for the customers. The rate of interest is also low compared to other banks and the interest is charged on the daily reducing balance method which takes into consideration the loan balance at the end of the day for calculating interest. With SBI loans there are no hidden costs and administrative charges which further reduces the liability burden on the customers and the charging structure is both reasonable and transparent. No pre-payment penalty is charged to the customer if he or she pays off the loan in part or full before the tenure of the loan is completed. SBI has a wide network of more than 15,969 branches all over the country which makes it easy for customers to apply for an SBI loan from a branch closest to them.


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