SBI Home Loans is a leading provider of home loans in Vadodara. They offer a wide range of home loan products to suit the needs of different customers. SBI Home Loans is known for its competitive interest rates, flexible repayment options, and excellent customer service.
SBI Home Loans offers a range of home loan products that cater to different needs such as:
- Home Purchase Loan
- Home Construction Loan
- Home Extension Loan
- Home Improvement Loan
- Plot Loan
SBI Home Loans also offers a range of services such as:
- SBI Realty
- SBI Home Top-Up Loan
- SBI NRI Home Loans
At FundEego.com, we understand that applying for a home loan can be a daunting task. That’s why we offer our services to help you avail of SBI home loans from the comfort of your home. Our team of experts will guide you through the entire loan application process, complete the documentation, and ensure that you get the best deal with no extra charges.
Connect with us for a hassle-free home loan from SBI. (We do not charge anything from the customer*)
Eligibility Criteria – SBI Home Loan Vadodara
To be eligible for an SBI Home Loan in Vadodara, you must meet the following criteria:
- Minimum age of 18 years as of the date of sanction.
- Maximum age of 70 years.
- Regular source of income.
- Employment status requirements.
The following are the employment status requirements:
- Salaried individuals
- Minimum 2 years of work experience.
- The minimum income requirement varies based on the location and type of property.
- The maximum loan amount is up to 80% of the property value.
- Self-employed individuals
- Minimum 3 years of work experience.
- The minimum income requirement varies based on the location and type of property.
- The maximum loan amount is up to 80% of the property value.
Documents Required
To apply for an SBI Home Loan in Vadodara, you will need to submit the following documents:
- Proof of identity (Aadhaar Card, PAN Card, Passport, Voter ID Card).
- Proof of address (Aadhaar Card, Passport, Voter ID Card).
- Proof of income (Salary Slip, Form 16, Income Tax Returns).
- Property documents (Sale Deed, Agreement to Sell).
SBI Home Loan Interest Rates and Fees in Vadodara
SBI Home Loans offers competitive interest rates on home loans in Vadodara. The interest rates vary based on the loan amount, tenure, and type of loan. The interest rates for SBI Home Loans in Vadodara range from 6.70% to 7.30% per annum.
The following table provides an overview of the interest rates offered by SBI Home Loans in Vadodara:
| Loan Amount | Tenure | Interest Rate |
|---|---|---|
| Up to Rs. 30 Lakh | Up to 30 years | 6.70% |
| Above Rs. 30 Lakh and up to Rs. 75 Lakh | Up to 30 years | 6.95% |
| Above Rs. 75 Lakh | Up to 30 years | 7.30% |
SBI Home Loans also charges processing fees and other charges such as:
- Processing fees: Up to 0.40% of the loan amount.
- Legal and technical charges: As applicable.
- Valuation charges: As applicable.
- Stamp duty and other statutory charges: As applicable.
Types of Home Loans Offered by SBI in Vadodara
SBI Home Loans offers a range of home loan products in Vadodara that cater to different needs such as:
- Home Purchase Loan
- This loan is offered for the purchase of a new or resale residential property.
- The maximum loan amount is up to Rs. 10 crore.
- The maximum repayment tenure is up to 30 years.
- The minimum income requirement varies based on the location and type of property.
- Home Construction Loan
- This loan is offered for the construction of a new residential property.
- The maximum loan amount is up to Rs. 10 crore.
- The maximum repayment tenure is up to 30 years.
- The minimum income requirement varies based on the location and type of property.
- Home Extension Loan
- This loan is offered for the extension of an existing residential property.
- The maximum loan amount is up to Rs. 10 crore.
- The maximum repayment tenure is up to 30 years.
- The minimum income requirement varies based on the location and type of property.
- Home Improvement Loan
- This loan is offered for the renovation or repair of an existing residential property.
- The maximum loan amount is up to Rs. 10 crore.
- The maximum repayment tenure is up to 15 years.
- The minimum income requirement varies based on the location and type of property.
- Plot Loan
- This loan is offered for the purchase of a plot of land.
- The maximum loan amount is up to Rs. 15 crores.
- The maximum repayment tenure is up to 15 years.
How to Apply for SBI Home Loan in Vadodara
To apply for an SBI Home Loan in Vadodara, you can follow these steps:
- Visit the nearest SBI branch in Vadodara OR the easier way is to contact us, we will help you avail SBI Home loan from the comfort of your home with any extra charges (We get paid by the Banks) – Just fill out the form above and our Home Loan Agent will take care of your requirements.
- Meet with an SBI representative and discuss your home loan requirements.
- Submit the required documents along with your home loan application form.
- Wait for your application to be processed and approved.
- Once your application is approved, you will receive a sanction letter from SBI.
- Submit the required property documents along with your sanction letter to complete the disbursement process.
SBI Home Loan EMI Calculator
SBI Home Loans offers an EMI calculator that helps you calculate your monthly EMI payments. The EMI calculator takes into account the loan amount, interest rate, and repayment tenure to give you an estimate of your monthly EMI payments.
You can use the SBI Home Loan EMI calculator by visiting the SBI website and entering the required details.
SBI Home Loan Customer Care
SBI Home Loans has a dedicated customer care team that can help you with any queries or concerns you may have regarding your home loan. You can contact the SBI Home Loan customer care team by calling their toll-free number or by sending an email.
The following are the contact details for SBI Home Loan customer care:
- Toll-free number: 1800 11 2211 / 1800 425 3800 / 080-26599990
- Email: [email protected]
- Website
