Table of Contents
Which type of SBI home loan is better?
SBI Home Loan Interest Rates 2021
| SBI Home Loan Schemes | Interest Rate for Salaried |
|---|---|
| SBI Insta Home Top Up Loan | 8.20\% p.a. |
| SBI Home Top Up Loan (Term Loan) | 7.50\% – 9.55\% p.a. |
| SBI Home Top Up Loan (Overdraft) | 8.40\% – 8.65\% p.a. |
| SBI Smart Home Top-Up Loan (Term Loan) | 8.05\% p.a. |
How many types of loans are there in SBI?
The different loan products of SBI are- housing loan, car loan, personal loans, loans against property and education loans.
How can I get refund from SBI EMI?
How will I get the EMI refunded? Ans SBI has made available a moratorium of three months for all loan accounts. In case EMI has been debited and you want a refund of the same then please apply via email to the ids specified in Annexure-II available at https://bank.sbi/stopemi.
Can I get 100 percent SBI loan?
No, you can’t get a 100\% home loan from any lender, be it the bank, housing finance company (HFC). Usually, loan amounts upto INR 30 lakh, above INR 30 lakh-75 lakh and above INR 75 lakh are disbursed at upto 90\%, 80\% and 75\% of the property cost, respectively.
How can I close my SBI home loan account?
To close a loan account:
- Click Requests > Closure of Loan A/C. A Closure of Loan A/C page appears.
- Select the loan account you wish to close.
- Select the transaction account which will be debited to close the loan. Figure 1 shows sample settings.
- Click [Submit].
Is SBI offering moratorium?
State Bank of India is offering a moratorium of up to two years to retail borrowers under the loan-restructuring scheme approved by the Reserve Bank of India. Home, education, auto or personal loans will come under the loan-restructuring option. Customer needs to pay the interest during the two-year moratorium period.
How can I get loan restructuring from SBI?
Those interested in opting for the loan restructuring framework offered by State Bank of India can apply in the following ways:
- Online application submitted through the SBI official website.
- Offline application submitted at the SBI home branch along with the necessary documents.
What are the different loan options available at SBI?
Loan Schemes: SBI offers specific loan schemes to different categories of borrowers such as pensioners, salaried and self-employed Flexible Tenure: If you opt for SBI personal loan, you can repay it within a flexible tenure ranging from 6 months to 6 years Easy Application: SBI personal loans can be availed online without any hassle.
How to check eligibility for SBI pre-approved personal loan?
Alternately, you can check your eligibility for this SBI personal loan by sending an SMS “ PAPL ” to 567676. With instant loan processing, minimum documentation and a low processing fee, SBI pre-approved loans are credited to the applicant’s account instantly.
What are the fees for State Bank of India personal loans?
The following are the fees and charges specified for various types of State Bank of India personal loans: 3\% on loan principal prepaid. No prepayment/ foreclosure charges if account is closed from the proceeds of a new loan obtained under same scheme 3\% on prepaid amount.
What is the pre-payment penalty for SBI loans?
Pre-payment Penalty: When a loan is repaid before the scheduled duration, a penalty may be charged by some banks, which is known as the pre-payment penalty. SBI at present does not charge any pre-payment penalty.