SBI Home Loans Up To R50 Million, No Hidden Costs, Quick Easy Application, Same Day Approval, Competitive Rates, APPLY NOW!
The most preferred home loan provider SBI Home Loans comes to you on the solid foundation of trust and transparency built in the tradition of State Bank of India.
Best Practices followed in SBI mentioned below will tell you why it makes sense to do business with State Bank of India.
Existing Home Loan borrowers can opt for switch over to current rate of interest on Home Loans by paying 0.50 % + applicable Service Tax of the out standings
Features Of SBI Home Loans
- Loan available to individuals between 18-60 years with steady source of income
- Earning family members can join as co-borrower/guarantor
- Minimum loan amount : ZAR 500, 000 and maximum: ZAR 50, 000, 000 depending on repayment capacity
- Security: mortgage bond over the property/ personal guarantee/ third-party guarantee
- Attractive and competitive pricing with PLR-linked interest rates
- Repayment : in equated money installments that takes care of interest component
- Maximum repayment period : 20 years or in the case of expats expiry date of work permit, whichever is earlier
SBI Home Loans Unique Advantage
- Low Processing Charges
- Package of exclusive benefits
- Low interest rates. Further, we charge interest on a daily reducing balance!
- Home Loan also available as an Overdraft. Optimally utilize your surplus funds.
- No hidden costs or administrative charges.
- No prepayment penalties. Reduce your interest burden and optimally utilize your surplus funds by prepaying the loan.
- Over 15,969 branches nationwide, you can get your Home Loan account parked at a branch nearest to your present or proposed residence.
Documents Required For SBI Home Loans
- Completed loan application
- 3 Passport size photographs
- ID Book
- Proof of residence (photo copies of recent Telephone Bills/ Electricity Bill/
- Property tax receipt
- Proof of business address for non-salaried individuals
- Statement of Bank Account
- Signature identification from present bankers
- Personal Assets and Liabilities statement
Applying For SBI Home Loans
- Complete the online form
- Call 011 778 4500
- Visit your nearest branch
Contact SBI Home Loans
Physical Address :
3rd Floor, The Mall Offices
11 Cradock Avenue
Call:011 778 4500
Fax :011 788 6769
Getting a Home Loan has never been easy with SBI Home Loans