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29 Dec 2017

SBI Flexi Pay Home Loan Jan 2018 - Interest Rate, Eligibility, EMI, Documents Online

SBI Flexi Pay Home Loan Jan 2018 - Get Quotes and eligibility on State Bank of India (SBI) Flexi Pay Home Loan on the premise of ✓ Interest Rate ✓ Loan Amount ✓ Customer Profile ✓ Eligibility ✓ Loan EMI ✓ Processing Charges ✓ Documents ✓ Customer Care ✓ Help-line Number & more.






Sr. No

SBI Corporate Loan

Details

1.

Bank/Lender Name

State Bank of India

2.

Known As

SBI

3.

Product

Flexi Pay Home Loan

4.

Interest Rate

8.60% (Women) & 8.65% (For Others)

5.

Toll Free Number

1800 425 3800

6.

Contact Email

customercare@sbi.co.in

7.

Official Website

www.sbi.co.in

SBI FLEXI PAY HOME LOAN INTEREST RATE - JANUARY 2018


Borrowers' category Floating Rate Loans Upto Rs.75 lacs Floating Rate Loans above Rs.75 lacs
Women* 0.60% above 1 year MCLR, effective rate 8.60% p.a. 0.65% above 1 year MCLR, effective rate 8.65% p.a.
Others 0.65% above 1 year MCLR, effective rate 8.65% p.a. 0.70% above 1 year MCLR, effective rate 8.70% p.a.

Higher Home Loan eligibility with flexible repayment options:

  • Upto 1.2 times higher loan eligibility compared to loan eligibility under normal Home Loan schemes available to working professionals / executives.Loan amount, however, must be Rs.20 Lacs or higher.
  • Salaried applicants with minimum 2 year experience and aged between 21- 45 years will be eligible to avail of SBI FlexiPay Home Loan.
  • To neutralize the impact of such additional loan on monthly EMIs, customers have the option of paying only interest during the moratorium (pre-EMI) period, and thereafter, pay moderated EMIs. The EMIs will be stepped-up during the subsequent years.
  • Option of selecting moratorium of upto 36 - 60 months. Only interest to be repaid during the selected moratorium period.
  • Longer repayment of 25 to 30 years is available under the scheme. However, customers will be free to make prepayments towards their Home Loan loan without any pre-payment penalty

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