In India, the SBI Group is the first company to offer a home loan with a fixed rate of interest. This makes it easier for the people who are financially constrained to own their own homes.
The SBI Privilege Home Loan is a new home loan product from the State Bank of India. It offers several features that make it stand out from the competition including an easy-to-use online application process, affordability and flexible payment options. The SBI Privilege Home Loan also has a lower interest rate than most other competitors.
The SBI privilege home loan is one of the cheapest home loans that are available in India. This home loan does not charge processing fees for the mandatory document such as Income certificate, PAN card, Aadhaar card and a few more. This can make a huge difference in the total cost of your home loan. Get in touch with us to know more.
SBI Privilege Home Loan offers a variety of benefits to its customers. It has a low-interest rate, which is the lowest in the market. This can help you save more money on your monthly repayments. It also has an easy repayment option and flexible tenure options, which means that it can be customized to suit your needs.
SBI Privilege Home Loan Highlights 2022
8.05% p.a. onwards
Based on customer profile
Up to 30 years
The SBI Group offers a home loan scheme which has an interest rate that remains fixed at 9% per annum throughout the repayment duration. SBI Privilege Home Loan is a pioneering financial product that has been launched by SBI Financial Services. The interest rates start at 5.40% and go up to 8.85%. Contact us to know more about interest rates.
Key points are:
You can use our EMI calculator to get precise interest rates.
Term Loan Interest Rates
Interest Rates (p.a.)
NTC/No CIBIL Score/-1
There are many advantages with the SBI Privilege Home Loan that provides borrowers with higher value, such as:
The FRP with a pre-payment penalty waiver offers borrowers the flexibility of paying off their home loan anytime without incurring a pre-payment charge. The borrower has to pay 1% of the outstanding amount every year as a maintenance charge, which is ongoing and not waived under this plan.
The SBI Privilege Home Loan is a residential loan product offered by the State Bank of India. The loan is available for both salaried and self-employed individuals and can be applied online. Know how to apply for home loan online by visiting our page.
How to apply:
The SBI privilege home loan is a loan that is specially designed as an affordable housing loan. It’s not only affordable, but it also helps borrowers to repay their loans faster than before. If you’re looking for a mortgage to buy your own house, the SBI Privilege Home Loan might be the right one for you. The benefits of this product are many and they will surely help you get what you want: an affordable mortgage with a fixed rate that allows the borrower to repay it faster than before.