SBI
State Bank of India

SBI Home Loan EMI Calculator 2025-26 SBI Housing Loan Interest Rate 8.50% onwards · RLLR-linked · All Schemes · Tax Benefits

Updated: 17 Jun 2026  |  SBI RLLR = 8.75%  |  Regular · MaxGain · Flexipay · NRI · Shaurya  |  Processing fee: 0.35%

SBI Repo Rate6.25%
SBI RLLR (Repo+Spread)8.75%
Best Rate (CIBIL 800+)8.50% p.a.
Women Borrower-0.05% concession
Processing Fee0.35% (max ₹10,000)

SBI Home Loan Scheme:

Floating rate linked to RLLR. Zero prepayment penalty. Up to 30-year tenure. Max LTV 80–90% based on loan amount.

₹30,00,000
₹1L₹5 Cr
8.50%
7%12%
20 years
5 yrs30 yrs (SBI max)

SBI Rate by CIBIL Score (FY 2025-26):

CIBIL 800+ (Excellent)
CIBIL 750–799 (Good)
CIBIL 700–749 (Fair)
CIBIL 650–699 (Low)

SBI Monthly EMI

₹26,035

₹30L at 8.50% for 20 years

Total Interest

₹32,48,400

Total Amount

₹62,48,400

SBI One-Time Charges (FY 2025-26)

Processing fee₹10,500 + GST
Legal/Technical fee₹5,000–₹15,000
CERSAI charge₹50 (loans ≤₹5L) / ₹100
Prepayment penaltyZero (floating rate)
Principal 48% Interest 52%

SBI Home Loan Amortisation — First 12 Months

MonthEMI (₹)Principal (₹)Interest (₹)Balance (₹)

How SBI Home Loan EMI is Calculated — RLLR, Interest Rate Tiers & SBI Schemes Explained

SBI is India’s largest home loan lender with over ₹7 lakh crore home loan book (FY 2025-26). All SBI home loans (new applications) are linked to the External Benchmark Lending Rate (RLLR) — SBI’s Repo Linked Lending Rate = RBI Repo Rate (6.25%) + Spread (2.50%) = 8.75%. When RBI cuts the repo rate, SBI borrowers see their rate reduce automatically within 3 months. EMI formula is the standard reducing balance method mandated by RBI.

SBI Home Loan EMI Formula

EMI = [P × R × (1+R)^N] ÷ [(1+R)^N − 1]

Where P = loan amount, R = monthly rate (annual ÷ 12 ÷ 100), N = tenure in months. SBI uses reducing balance — interest on outstanding principal only, not original loan amount.

SBI Home Loan Products — Quick Guide

Regular: Standard home loan. Best for most borrowers. Floating rate.
MaxGain: Home loan + OD facility. Park surplus in OD to save interest daily — ideal if you have irregular large cash inflows.
Flexipay: Lower EMI in first 3–5 years, stepping up as income grows. Ideal for young professionals expecting career growth.
Shaurya: For defence/paramilitary personnel. Additional 0.05% concession, no processing fee, liberal eligibility.

SBI Home Loan EMI Quick Reference Table (FY 2025-26)

Loan Amount8.50% · 20yr8.50% · 25yr9.05% · 20yrTotal Interest (8.5%, 20yr)
₹20 Lakh₹17,357₹16,046₹18,063₹21,65,680
₹30 Lakh₹26,035₹24,069₹27,094₹32,48,400
₹50 Lakh₹43,391₹40,115₹45,157₹54,13,840
₹75 Lakh₹65,086₹60,173₹67,736₹81,20,640
₹1 Crore₹86,782₹80,231₹90,314₹1,08,27,680

3 Real Indian SBI Home Loan EMI Examples — Delhi, Bengaluru & Mumbai

Actual SBI home loan scenarios with RLLR-linked rates, tax benefits, and scheme selection. All ₹ figures for FY 2025-26.

1

Ravi & Priya Sharma — SBI Regular Home Loan, Noida (Delhi NCR) 🏠

Combined salary ₹1.8L/month, CIBIL 785. Buying 3BHK in Noida Sector 75 at ₹90L. SBI MaxGain chosen for OD flexibility.

Loan (80% LTV)
₹72,00,000
Rate (CIBIL 785)
8.70% p.a.
Tenure
20 years
Monthly EMI
₹63,558
Tax benefit: Under old tax regime: Section 24(b) interest deduction ₹2L/year + Section 80C principal ₹1.5L/year = combined ₹3.5L deduction → saves ₹1,05,000/year in taxes (30% bracket). MaxGain advantage: Ravi parks ₹10,000/month surplus in the OD account — reduces effective principal, saving ~₹9,600/year in interest. Over 20 years, this saves ₹1.5L+ vs standard regular loan.
2

Sneha Nair — SBI Flexipay, First Home Buyer, Bengaluru 🏡

IT professional, 27 years old, salary ₹80K/month (growing rapidly). CIBIL 810. Buying 2BHK in Whitefield at ₹65L under Pradhan Mantri Awas Yojana eligibility.

Loan (85% LTV)
₹55,25,000
Rate (CIBIL 810)
8.50% (women: −0.05%)
Flexipay EMI (Yr 1–3)
₹35,000 (interest only)
Full EMI (Yr 4+)
₹47,800
Flexipay advantage: Sneha pays interest-only (₹35,000/month) for the first 3 years, matching her current salary capacity. As her salary grows to ₹1.4L+ by year 4, she shifts to full EMI of ₹47,800. PMAY subsidy: As first-time buyer with income below ₹18L, Sneha may qualify for CLSS subsidy under PMAY — check at pmaymis.gov.in. Women co-owner gets 0.05% rate concession from SBI — save ₹27,625 total interest over 25 years on ₹55L loan.
3

Maj. Arvind Mishra — SBI Shaurya Home Loan, Pune Cantonment 🎖️

Indian Army Major, 38 years old, salary ₹1.1L/month. Buying pre-owned house near Pune Cantonment at ₹75L.

Loan
₹67,50,000
Rate (Shaurya)
8.50% p.a.
Processing fee
Zero (Shaurya)
Monthly EMI (20yr)
₹58,527
Shaurya scheme advantages: Zero processing fee (saves ~₹23,625 vs standard). Liberal eligibility — service record accepted as income proof. Extended tenure consideration beyond normal retirement age (defence retirement at 54–58, SBI extends tenure to 70). AGIF (Army Group Insurance Fund) accepted as life cover — no additional premium for loan protection. Exclusive to serving/retired armed forces, paramilitary, and coast guard personnel.

5 Expert Tips for SBI Home Loan Borrowers in India 2025-26

Insider strategies to get SBI’s lowest rate, reduce total interest, and avoid common mistakes.

01

Improve CIBIL to 800+ Before Applying — Saves ₹7–15 Lakh Over 20 Years

SBI’s rate differential between CIBIL 800+ (8.50%) and CIBIL 700–749 (9.05%) is 0.55%. On a ₹50L home loan for 20 years, this difference costs ₹8,81,280 extra in total interest. Improve CIBIL 6 months before applying: pay all existing EMIs and credit card dues on time; reduce credit utilisation below 30%; avoid multiple loan enquiries in the same quarter. Check CIBIL free at cibil.com (4 times/year). CIBIL below 700 — don’t apply; work on improvement for 12 months first.

02

Choose SBI MaxGain Over Regular Loan if You Have Liquid Savings or Irregular Income

SBI MaxGain converts your home loan into an overdraft account. Any surplus parked in the MaxGain OD account reduces your principal for interest calculation — saving interest daily. Example: ₹30L MaxGain loan. If you park ₹5L in OD account, interest is charged only on ₹25L effective balance. At 8.7%, you save ₹5L × 8.7% = ₹43,500/year in interest with money that’s still accessible to you anytime. Best for: salaried people who get annual bonuses, business owners with seasonal income, or anyone with liquid emergency fund they don’t need immediately.

03

Make Annual Prepayment Every April — Reduces Tenure by 5–8 Years, Saves ₹10–20L

SBI charges zero prepayment penalty on floating rate loans (RBI mandate). Making one additional EMI each April: on a ₹50L loan at 8.5% for 20 years, reduces tenure by 3.5 years and saves ₹7.9L in interest. Prepaying ₹1L annually saves an additional ₹6.2L over the tenure. Ideal strategy: save annual bonus in a liquid fund (7% returns); use it every April for partial prepayment. The prepayment saves 8.5% interest guaranteed vs 7% liquid fund return — clear financial benefit. Visit your SBI branch with a “Part Prepayment” letter or do it online via YONO.

04

Request Rate Reset When RBI Cuts Repo — Don’t Wait for Automatic Adjustment Alone

SBI RLLR-linked loans automatically reset on October 1 each year (annual reset date) rather than immediately when RBI cuts repo rate. If RBI cuts in April, your rate reduction comes in October — 6 months later. For faster benefit: some SBI products allow reset on the 1st of every month following repo change — check your sanction letter for the reset frequency. Additionally, if market rates have fallen significantly since your loan was sanctioned (>0.75%), consider a formal rate revision request to SBI branch — they may reduce your spread. Also check competitors’ rates for balance transfer opportunity.

05

Maximise Both Section 24(b) and 80C Deductions — Save Up to ₹1,05,000/Year in Tax

Under old tax regime: Section 24(b) allows ₹2,00,000 interest deduction/year for self-occupied property; Section 80C allows ₹1,50,000 principal repayment deduction/year (combined with other 80C investments). For a 30% bracket borrower: ₹3.5L total deduction saves ₹1,05,000/year in tax. Over 5 years: ₹5.25L in tax savings. Under new regime: no home loan deductions — old regime is typically better for home loan borrowers in 30% bracket with large interest component. First-time buyers: additional ₹50,000 deduction under Section 80EEA (for property value ≤₹45L, loan sanctioned before March 2022 — check current status).

Frequently Asked Questions — SBI Home Loan EMI, Interest Rate & Eligibility 2025-26

What is SBI home loan interest rate in 2025-26?+
SBI rates (RLLR-linked, FY 2025-26): CIBIL 800+ → 8.50%; CIBIL 750–799 → 8.70%; CIBIL 700–749 → 9.05%; CIBIL 650–699 → 9.65%. SBI RLLR = Repo (6.25%) + Spread (2.50%) = 8.75%. Women borrowers get −0.05% concession. Rates reset October 1 annually based on RBI repo changes.
What is SBI home loan EMI for ₹30 lakh and ₹50 lakh?+
₹30L at 8.50% for 20 years: ₹26,035/month, total interest ₹32,48,400. ₹50L at 8.50% for 20 years: ₹43,391/month, total interest ₹54,13,840. Use the calculator above — adjust loan, rate, and tenure for your exact figure.
What is SBI MaxGain home loan and who should choose it?+
SBI MaxGain = home loan structured as an overdraft. Any surplus parked in the OD account reduces effective principal for daily interest calculation. ₹10L parked in MaxGain OD at 8.7% saves ₹87,000/year in interest — while remaining fully accessible. Best for: borrowers with annual bonuses, business owners with seasonal surpluses, or anyone with liquid emergency funds.
What is SBI home loan processing fee 2025-26?+
0.35% of loan amount, min ₹2,000, max ₹10,000 + 18% GST. SBI Shaurya (defence) and Tribal Plus: Zero processing fee. Legal/technical: ₹5,000–₹15,000 additional. Zero prepayment penalty on floating rate (RBI mandate). During festive season (Oct–Dec), SBI often waives processing fee entirely.
What is SBI home loan eligibility based on salary?+
SBI eligibility: EMI must not exceed 50% of net monthly income (FOIR). Rough guide at 8.5%, 20 years: ₹50K salary → ₹28.8L; ₹75K → ₹43.2L; ₹1L → ₹57.6L. Joint loan with spouse doubles the eligible amount. Minimum CIBIL 700 required. Age: 18–70 at loan maturity.
What are the tax benefits on SBI home loan?+
Old regime: Section 24(b) → ₹2L/year interest deduction; Section 80C → ₹1.5L/year principal deduction. Combined: ₹3.5L/year → saves ₹1,05,000/year in tax (30% bracket). Joint loan doubles the deduction. New regime: No home loan deductions available — old regime typically better for home loan borrowers.
Can I prepay SBI home loan without penalty?+
Yes — zero prepayment penalty on floating rate SBI home loans (RBI mandate). Prepay via YONO app, internet banking, or branch. Specify “adjust against principal” in your request. Optimal strategy: prepay in April, choose tenure reduction over EMI reduction. ₹1L annual prepayment saves ₹10.8L in interest on ₹50L/8.5%/20yr loan.
What is SBI Flexipay home loan?+
Flexipay allows interest-only payments for initial 3–5 years, then steps up to full EMI. Ideal for young professionals (max age 40 at application) expecting rapid salary growth. Rate: same RLLR-linked as regular. Total tenure extended to accommodate the step-up structure. Great for IT/management graduates with current lower income but high growth trajectory.
What is RLLR and how does it affect my SBI home loan EMI?+
SBI RLLR = RBI Repo Rate (6.25%) + SBI Spread (2.50%) = 8.75%. When RBI cuts repo, your SBI rate falls automatically (reset October 1 annually). A 0.25% repo cut saves ~₹875/month EMI on ₹50L loan over 20 years = ₹2.6L total. Track RBI policy at rbi.org.in for rate cut expectations.
How long does SBI home loan take to approve?+
In-principle sanction: 3–5 working days (YONO online). Full sanction: 7–15 days (salaried); 15–25 days (self-employed). Property verification: 5–7 additional days. Total: 15–35 working days. Faster: Apply via YONO with pre-uploaded documents; existing SBI salary account customers get priority processing and pre-approved offers.
SBI vs HDFC home loan — which is better?+
SBI wins: Lower rate (8.50% vs 8.70%), lower processing fee (0.35% vs 0.5%), government trust, more branch reach. HDFC wins: Faster approval (3–5 vs 7–15 days), better technology, more flexible for non-standard properties. On ₹50L/20yr: SBI saves ₹14,240/year vs HDFC at 8.7%. Choose SBI for cost; HDFC for speed and flexibility.
What is SBI Shaurya home loan for defence personnel?+
SBI Shaurya: For serving/retired Army, Navy, Air Force, CAPF personnel. Rate: 8.50% (best slab). Processing fee: Zero. Liberal eligibility (service record accepted, pension considered). AGIF accepted as loan protection insurance. Extended tenure beyond normal retirement. Additional 0.05% concession for women defence personnel. Exclusive to armed forces — check eligibility with nearest SBI military banking branch.
What is the EMI for ₹1 crore SBI home loan?+
₹1 crore at 8.50% for 20 years: ₹86,782/month. Total interest = ₹1,08,27,680. For 25 years: ₹80,231/month. Required gross income for ₹1Cr loan (50% FOIR, 20yr): approximately ₹1,73,564/month. Joint loan with spouse is typically necessary at this loan size.
Can I transfer my home loan from another bank to SBI?+
Yes — SBI home loan balance transfer. Min outstanding ₹5L. Processing fee 0.35%. Savings: ₹30L transferred from 9.5% to 8.5%, remaining 15 years = ~₹2.7L interest saved minus processing fee ~₹10,000. Break-even typically 8–14 months. Required: NOC from existing lender, property documents, 12 months loan statements.
What is SBI home loan for NRIs?+
SBI NRI Home Loan rate: 8.75% p.a. (RLLR-linked). Repayment from NRE/NRO account or inward remittance only. Max LTV: 80%. Valid passport/visa + overseas income proof required. Tax benefits available if property in India and NRI files Indian ITR. FEMA permits repatriation of sale proceeds up to USD 1M/year.
How to improve CIBIL score to get SBI’s lowest rate?+
To reach CIBIL 800+ for SBI’s 8.50% rate: pay ALL existing EMIs and credit card dues on time for 12 months; reduce CC utilisation below 30%; avoid applying for new credit 6 months before; dispute any errors on CIBIL report. CIBIL 800 vs 700 difference on ₹50L/20yr loan = ₹8,81,280 in total interest savings — worth 6 months of improvement effort.
What is SBI PMAY home loan?+
PMAY-Urban CLSS through SBI: EWS/LIG (income ≤₹6L) → 6.5% subsidy on ₹6L; MIG-I (₹6–12L) → 4% on ₹9L; MIG-II (₹12–18L) → 3% on ₹12L. Subsidy credited upfront to loan account reducing principal. First-time buyer mandatory. Check pmaymis.gov.in for current scheme status — SBI PMAY nodal officers at all branches.
What is SBI home loan top-up?+
Additional loan over existing SBI home loan. Available after 12+ months of regular payments. Rate: current home loan + 0.25–0.50%. Amount: Up to 70–80% property value minus outstanding. Interest deductible under Section 24(b) if used for home renovation (keep all bills). Far cheaper than personal loan at 12–18%.
What is SBI home loan EMI for ₹40 lakh for 15 and 20 years?+
₹40L at 8.50%: 15 years → ₹39,373/month (total interest ₹30,87,140); 20 years → ₹34,713/month (total interest ₹43,31,120); 25 years → ₹32,092/month (total interest ₹56,27,600). The 5-year extension (15→20yr) reduces monthly EMI by ₹4,660 but increases total interest by ₹12,43,980. Choose tenure based on your monthly cash flow vs total cost preference.
What is SBI home loan for resale property?+
Same rates as new property. Max LTV 80% of SBI’s appraised value (not always equal to purchase price). Documents: complete chain of title deeds, encumbrance certificate, society NOC, property tax receipts. SBI technical+legal check: 5–7 working days. Properties 20+ years old may face reduced LTV. RERA not required for resale (only under-construction).
How to apply for SBI home loan online?+
Apply via YONO SBI app or sbi.co.in → Home Loans → Apply Online. Upload documents digitally → in-principle sanction in 3–5 days → property verification → final disbursement. Existing SBI salary customers: check pre-approved home loan offers on YONO. Helpline: 1800-11-2018 (toll-free). Physical branch visit required for property document submission and signing.
What is SBI MCLR vs RLLR home loan — should I switch?+
Old loans (pre-Oct 2019) are MCLR-linked; new loans are RLLR-linked. RLLR moves more directly with RBI repo cuts. To switch MCLR→RLLR: request at SBI branch; SBI charges conversion fee (~0.25% of outstanding). If RLLR rate is lower by more than conversion cost amortised over remaining tenure, switch makes financial sense. Check at your SBI servicing branch with current rates.
What is SBI home loan for plots?+
Plot-only loan: SBI funds up to 70% of plot cost. No Section 24(b) benefit until construction starts. Plot + construction combo: Classified as home loan once construction begins; 8.50%+ rate; Section 24(b) benefit from completion year. Pre-construction interest deductible in 5 equal instalments post-completion. Construction must start within 2 years and complete within 5 years for full tax benefits.
Can women borrowers get lower rate on SBI home loan?+
Yes — SBI gives 0.05% rate concession for women applicants/co-applicants who are also co-owners of property. On ₹50L/20yr loan: saves ~₹27,625 total interest. Additionally, several states (Delhi, UP, Maharashtra) charge lower stamp duty for women property owners — saving ₹1–2L on registration. Women borrowers should always be co-owner for this concession to apply.
What is the best prepayment strategy for SBI home loan?+
Make one extra EMI every April; allocate annual bonus to MaxGain OD or direct prepayment; always choose tenure reduction over EMI reduction; specify “adjust against principal” in prepayment request. ₹1L prepaid annually from Year 1 on ₹50L/8.5%/20yr: saves ₹10.8L interest and cuts tenure to 15.2 years. Do via YONO app for maximum convenience.
What is SBI Privilege home loan for government employees?+
SBI Privilege: For central/state govt and PSU employees. Benefits: Best rate slab (CIBIL-based); higher FOIR allowance; employer letter accepted as income proof; pension considered post-retirement; priority processing at govt branch. Salary-in-SBI customers get 0.25% processing fee discount. Ask specifically for “SBI Privilege” scheme at government salary account branch.
What is the SBI home loan vs loan against property comparison?+
Home loan: For property purchase/construction. Rate 8.50%. Tax deductions available. LTV up to 90%. Loan Against Property (SBI LAP): For any purpose. Rate 10.5–11.5%. No tax deduction (unless home renovation). LTV 60–70%. Choose home loan for purchase. Choose LAP to unlock equity from existing property for business/personal needs without selling.
What is the SBI home loan moratorium policy?+
Standard moratorium: 12–18 months for under-construction (interest-only pre-EMI). Financial hardship: SBI evaluates case-by-case — options include EMI deferral, tenure extension, one-time restructuring. RBI-mandated COVID moratorium ended in 2020. Always contact SBI branch proactively if facing EMI difficulty — never miss EMI without prior communication. Missed EMI reports to CIBIL within 30 days.

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Disclaimer — SBI Home Loan EMI Calculator (CalcWise Finance)

This calculator is an independent tool and is not affiliated with State Bank of India (SBI). EMI calculations are indicative based on publicly available SBI interest rates as of June 2026 and may not reflect the exact rate offered to you, which depends on your CIBIL score, income, property, and SBI’s credit assessment. Rates, fees, and scheme features change periodically.

Official sources: For SBI’s current official home loan rates and schemes, visit sbi.co.in. Home loan interest rate guidelines and RBI lending regulations: rbi.org.in. Home loan regulations and housing finance guidelines are overseen by the National Housing Bank — nhb.org.in. Consumer grievance redressal: cms.rbi.org.in. RERA project verification: rera.gov.in. Last Updated: 17 Jun 2026.