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SBI offers home loan at low interest rate | Check eligibility, EMI calculation

The State Bank of India (SBI) is offering home loans at lower interest rates for its customers. Apart from other benefits, women borrowers can avail concessions, according to the country’s largest public sector lender.

“Get your dream home with SBI Home Loans. Visit: https://homeloans.sbi,” State Bank of India tweeted.

SBI home loan borrowers will get a credit score linked interest rate.

There is a uniform rate for any loan amount, according to SBI.

Read More: How to check SBI balance via missed call or SMS

HOME LOAN ELIGIBILITY

To get an SBI regular home loan, one needs to be an Indian resident.

The minimum age of the borrower needs to be 18 years and the maximum age should be 70 years.

The loan tenue is up to 30 years.

Read More: Check Latest Home Loan Interest Rates In India Here | Complete List

HOME LOAN EMI CALCULATOR

The home Loan EMI calculator enables one to calculate the EMI, monthly reduced balance, monthly interest based on the loan tenure, principal amount, and interest rate.

To check the SBI Home Loan EMI calculator, you need to go to https://homeloans.sbi/calculators .

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