Experience The NoBrokerHood Difference!

Set up a demo for the entire community

Thank You For Submitting The Form
Home / Finance / Home Loan / What is the processing fee for SBI home loan ?
Q.

What is the processing fee for SBI home loan ?

view 1161Views

2 Year

Comment

2 Answers

Send
0 2024-07-24T20:13:31+00:00

Hi Samarth. I can help you by sharing what is the processing fee for SBI home loan. The processing fee for the regular home loan is 0.35 percent of the loan amount plus GST. I will share the processing fee for the rest of the home loan types offered by SBI below.

What is the Processing Fee for Home Loan in SBI?

Here are the processing fee for the home loans in SBI.

Loan Type

Processing Fee

Range

Home Loans - Regular 

0.35% of the loan amount plus applicable GST

minimum Rs.2,000/- plus applicable GST and maximum of Rs. 10,000/- plus applicable GST 

Home Top-Up Loan 

0.35% of the loan amount plus applicable GST

minimum Rs.2,000/- plus applicable GST maximum of Rs. 10,000/- plus applicable GST 

Other Home loans- NRI, Realty, Maxgain, CRE, Flexi-pay, Non Salaried, PAL, Tribal Plus, Apon Ghar Loan above 15 lacs

0.35% of the loan amount plus applicable GST

minimum Rs.2,000/- plus applicable GST and maximum of Rs. 10,000/- plus applicable GST

YONO Insta Home Top-Up Loan (Digital Product) 

2000+GST

-

Personal Loan against Property (P-LAP)

1% of loan amount plus applicable Tax, maximum Rs. 50,000/ plus applicable taxes. 

-

Suraksha Loan 

NIL 

-

Reverse Mortgage Loan

0.50% .Minimum 2000, Maximum 10000 Plus GST

-

Apon Ghar (HL upto Rs 15 lacs) 

NIL 

-

Earnest Money Deposit (EMD) Scheme

0.50 % 

-

Kerala Govt Employees Home loans scheme 

NIL

-

Privilege & Shaurya Home Loans 

NIL 

-

This is all about what is processing fee for SBI home loan. I hope this helps.

Get a Low-Interest Home Loan From SBI Via NoBroker! Some related information:

What is the SBI Home Loan Processing Time?

0 2022-03-07T09:59:13+00:00

Hey there,

SBI is one of the most popular banks in India. Their schemes and policies have made them a crowd favorite. In this answer I will be talking about SBI home loan processing fee. Usually, banks have different administrative charges. This varies on the type of loan being availed as well. Keep reading to know more.

  SBI home loan processing fee charges :

State Bank of India levies a fee on their customers for processing their home loan application. SBI has introduced two schemes under the category Loan against Property.

 

What is the processing fee for SBI home loan ?

The name and respective processing fee is given in the table below. 

Scheme Name

Processing Fees

Loan against Mortgage of Immovable Property

1.01% of the Loan amount ; Max Rs 50933

Rent Plus

2.02% of the Loan amount; Max Rs 101865

 

Tap here to check loan eligibility with a click of your fingertips. Check out NoBroker Home Loan services 

SBI home loan processing fee is charged to cover the costs incurred by  the Bank on the loan process. This fee is not deductible from the loan amount. Usually, the processing fee paid by the customer is non-refundable.

 

I hope you have a satisfactory answer to the question ‘what is the processing fee for home loan in sbi’.

If you want your home to be sanitised and treated with Certified Antiviral Solutions. Check out NoBroker Sanitisation services.

Read more : How to check pre approved loan in SBI? How to do prepayment of SBI home loan? How to check SBI home loan eligibility? What is tenure in loan?    
Flat 25% off on Home Painting
Top Quality Paints | Best Prices | Experienced Partners