How to Pay SBI Home Loan EMI Online?

In order to avoid skipping payments, the majority of consumers would have chosen auto debit as a loan repayment option. If you have not chosen the automatic debit option, you can still do it manually by following a few easy steps. If you missed it or if you want to make a partial prepayment, you can now swiftly pay your EMI online. So let’s see how to make SBI online payment of home loan EMI.

How to make SBI home loan EMI payment online?

• Login to OnlineSBI

• Navigate to Payments/Transfers.

• Select "Funds Transfer (Within SBI)" from the menu.

• Decide which account to debit. On this screen, all of your loan accounts will be shown, and you can choose which loan to repay.

• Put the figure in.

• Choose a purpose from the dropdown menu.

• Select "Pay Now"

• Submit and Confirm

• Now you know how to make SBI home loan online payment.

How to pay SBI EMI online in prepayment?

You can utilise the net banking service if you have an SBI account. Adding your loan account to your online banking profile is the first step. You can check your loan account ledger and continue operations after adding the loan account. Simply send funds to the loan account to make a prepayment. The loan account has an account number and an IFSC code, much like other savings or current bank accounts. You can send money via SBI Net Banking and watch the balance due decrease. 

I must have guided you well on the SBI online home loan payments.

Paying the SBI Home Loan EMI online is a hassle-free process. To prevent missing payments, many consumers would have selected auto debit as a loan repayment option. People who haven\'t chosen the auto debit option can still do it manually by following a few easy steps. I have shared the detailed SBI home loan EMI payment online process.

How to Pay Home Loan EMI Online SBI?

Here\'s a step-by-step guide. 

Through SBI’s Online Portal

• Visit the

  SBI Online Portal

  and log in using your credentials. 

• Go to the \"Payments/Transfers,\" or \"Loan Services,\" section.

• Select your home loan account and start the payment for the EMI amount. 

• Enter the required details and confirm the payment.

Using SBI YONO App

Download the SBI YONO app from Google Play Store or Apple App Store. Use your registered mobile number and credentials.

Under \"Manage Loans\" or \"Quick Pay,\" select \"EMI\" for your home loan. Choose your home loan account, verify the amount, and then make the payment by UPI or a linked savings account.

NEFT/IMPS/UPI

Add your SBI home loan account as a beneficiary. Use the loan account details provided in your sanction letter. Pay the EMI using NEFT, IMPS, or UPI from any bank account.

Alternatively, you can request an auto-debit feature via your SBI branch if it hasn\'t been set up before. This is all about how to pay SBI home loan EMI online.

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Hi, paying home loan EMIs on time is very important as it helps you maintain a good reputation with the bank. Last year, my uncle took out a home loan from SBI and was having trouble paying the EMIs on time. So, I suggested he go for SBI housing loan online payment and set it up for autopay. He wasn’t sure about this option so I showed him a few other methods to pay EMIs. 

What Are The State Bank Of India Home Loan Online Payment Methods?

I told him to go to the SBI portal and then follow the necessary steps to make the payments. After that, I also told him about the BHIM SBI Pay app. However, he was skeptical about using these for SBI housing loan payment online as he is not tech-savvy. 

I, finally, told him to go to his SBI home branch office and pay the EMI. Here are the steps that he had to follow. 

• Visit the Home Loan section of your branch office. 

• Provide your home loan account number.

• Make the payment using Cash or cheque. 

And that’s it. He was happy with this process and has been paying home loan EMI using this. I hope this method about SBI housing loan online payment has been of help to you. 

I recently received a home loan from State Bank of India (SBI) to purchase a three-bedroom flat. I looked for a way how to pay SBI home loan EMI online from other bank because my SBI account had a limited amount of money. However, I discovered that banks prefer to get EMIs paid only from the primary account. Then, in order to pay my EMI on time, I transferred the necessary sum from my father's account to my SBI account. Let's look at the steps I took to quickly pay my EMI.

How to pay SBI home loan online?

Sanjana and Jagan Reddy have already described the process to pay down the EMI via online mode. However, I used to pay EMI for my home loan via the BHIM SBI Pay app. I have shared the process below:

• Download and install the BHIM SBI Pay app from the Google PlayStore.

• Open the app and tap the customer button.

• Now, log in with the 6 digit app PIN.

• Tap the Pay button.

• Enter the loan account number or choose a payment type like VPA.

• Mention other necessary information, such as the EMI amount in the respective field. Make sure you submit the right details to prevent any payment inconsistencies. 

• Choose the SBI account under the Pay From section.

• To continue, tick the checkbox.

• Input the OTP to allow the transaction.

• Finally, complete the payment by clicking on the tick icon.

The payment will be executed after the OTP has been properly validated, and you will get a confirmation message. It is advised to save this confirmation for your records. Paying down the SBI home loan EMI and managing financial responsibilities can be done easily by following the above process. 

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I know everyone is busy with their schedule, so going to a bank to prepay or repay a loan can be a tedious task.  Thankfully, SBI allows its loan customers to repay or prepay the loan amount through online banking via NEFT Transfer. Presently, you can make SBI home loan payment online only if you have an Online SBI Account (SBI Net Banking).

Let me tell you how to pay SBI home loan EMI online:

Add your loan account as a 3

rd

party account for making the NEFT payment later. After that, you will see the account as one of the newly added accounts.

• Log in to the SBI’s online portal.

• Tap on the Profile Tab on the dashboard

• Tap on the Manage Beneficiary Link

• Fill in your Profile Password

• Tap on the “Inter-Bank Beneficiary” link

• Fill in details like Inter-Bank Transfer Limit, Address, Account Number, Payee Name, etc.

• Fill in the IFSC Code

• Tap on “Submit”

• Log in to the SBI’s online portal

• Go to Payments/Transfers

• Tap on “Funds Transfer (Within SBI)”

• Choose the account to be debited

• Fill in the amount

• Choose the purpose

• Tap on Pay Now

• Finally, submit and confirm

This is how to pay home loan EMI online SBI.

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I hope I cleared all your doubts on how to make SBI home loan payment online.