The interest rate for SBI home loans is different for term loans, top-up loans, and P-Lap loans.
What is the SBI Home Loan Interest for Females?
Being a female applicant, I was able to get a decent reduction on my monthly loan repayment installments due to the reduced interest rate of 0.05%. You might feel that the percentage is quite low, but when you apply the interest rate reduction on a large loan amount in lakhs and sometimes even crores, you’ll save a lot of money during the repayment period.
The home loan interest rate depends on certain things like:
Your CIBIL Score
The Loan Type
Here, the greater your CIBIL score, the lower would be the effective interest rate. Apart from this, the type of home loan would also play a role in determining the interest rate for your home loan.
What is the SBI Home Loan Interest Rate for Women Term Loan
| CARD RATES (Term Loan) | Campaign Rates (Term Loan) | |||||
| (Current EBR: 9.15%) | Valid for sanctions up to 31.01.2024 | |||||
| CIBIL SCORE | EBR+ Effective CRP | Effective Rate | CIBIL SCORE | EBR+ Effective CRP | Effective Rate | Concession over Card Rate |
> = 800 |
EBR + 0 % |
9.15% |
> = 800 |
EBR-0.55 |
8.60%* |
55 bps |
750 - 799 |
EBR + 0 % |
9.15% |
750 - 799 |
EBR-0.55 |
8.60%* |
55 bps |
700 -749 |
EBR +0.20% |
9.35% |
700 -749 |
EBR-0.45 % |
8.70%* |
65 bps |
You can visit this
link
to find the detailed home loan interest rate. I hope this helps you.
Get 40,000 off on Home Loan Disbursal Via NoBroker!
Some related information: When Does EMI Start for Home Loan SBI?Your Feedback Matters! How was this Answer?
Shifting, House?
✔
Lowest Price Quote✔
Safe Relocation✔
Professional Labour✔
Timely Pickup & Delivery
Intercity Shifting-Upto 25% Off
Check Prices
Intracity Shifting-Upto 25% Off
Check Prices
City Tempo-Upto 50% Off
Book Now
Authors Of The Question
What is SBI Home Loan Interest Rate for Women?
Seema
63 Views
1 Answers
11 months
2024-02-01T22:24:34+00:00 2024-02-07T23:17:02+00:00Comment
Share