SBI Home Loan Apply Online From YONO Up To 50 Lakh

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Top 7 NBFC Companies That Offer Personal Loans

In a festive season deal, the State Bank of India (SBI), cut home loan interest rates to 6.7 percent to help consumers looking for cheap loans.

SBI offers zero processing home loans with lower interest rates. The largest bank gives credit scores linked to home loans. If you have a good credit history, you will get a low-interest home loan offer.

SBI Home Loan Quick Recap

Interest rate6.7% per annum
Loan AmountUp to 50 lakh  
Loan Tenure3 years to 30 years
Processing FeesNIL
Eligible ForSalaried Person / Self Employed
Also Read: SBI Yono Personal Loan

SBI Home Loan Benefits

Low-Interest Rate: SBI offers lower interest home loans 6.7% per annum compared to other banks.

No Processing Fees: Don’t need to pay the processing charge. During this festival season, SBI gives zero processing charges for home loans.

Flexible Tenure: SBI home loan repayment tenure is 3 years to 30 years. You can choose flexible repayment tenure on this loan.

No Hidden Charges:  This home loan comes with zero hidden charges. SBI offers zero hidden charge home loan features.

SBI Home Loan Interest Rate & Charges

Interest rate6.7% per annum
Processing feeNIL
Minimum Loan Tenure3 years
Maximum Loan Tenure30 years
Also Read: LIC HFL Home loan offer 

SBI Home Loan Eligibility

  • Good Credit History
  • Submit proper income proof
  • Provide land & other documents

Documents Required for SBI Home Loan

  • Pan Card
  • Aadhaar Card
  • Voter Card
  • 3-month Salary Slip for Salaried person
  • 6 months bank statement
  • 2 years Income Tax file for Self-employed
  • Land documents
Also Read: Truecaller Loan up to 5 lakh

How to Apply for Home Loan from YONO SBI

Step 1 log in to the YONO SBI account through the User id & password.

Step 2 Click on 3 lines through the YONO app home page.

Step 3 After that click on the loan tab.

Step 4 Now click on Home Loan.

Step 5 Check your eligibility by giving your date of birth.

Step 6 Provides a source of income & enters monthly net income.

Step 7 If you have other loans, enter details.

Step 8 Check your loan eligible amount & click on process.

Step 9 Fill in the other basic details.

After submitting all the details, the SBI executive calls you for further information.

Also Read: Hero Fincorp Personal loan upto 5 lakh

FAQs of SBI Home Loan