SBI Home Loan Interest Rates 2025
Complete guide to State Bank of India's latest home loan interest rates, comparison with other banks, and everything you need to know about SBI home loans.
What You'll Learn
Current SBI Home Loan Interest Rates (effective 1st August 2025)
đĻ SBI Home Loan Interest Rates - August 2025
Home Loan TL
7.50% - 8.70%
Term Loan
Home Loan Max Gain (OD)
7.75% - 8.95%
Overdraft Facility
Top Up Loan
8.00% - 10.75%
Additional Loan
Top Up OD
8.25% - 9.45%
Overdraft Top Up
Reverse Mortgage Loan
10.55%
Senior Citizens
YONO Insta Home Top Up
8.35%
Digital Platform
â Key Highlights
Rate Hike
SBI increased rates by 25 bps in August 2025
Competitive Rates
Among the lowest rates in the market
Quick Processing
Fast approval and disbursement
Flexible Options
Multiple loan products available
Digital Platform
YONO app for easy management
Senior Benefits
Special rates for senior citizens
Types of SBI Home Loans
Home Loan TL
7.50% - 8.70%
Traditional term loan with fixed EMIs
- âFixed EMIs
- âLong tenure
- âLow processing fee
Home Loan Max Gain
7.75% - 8.95%
Overdraft facility with savings on interest
- âInterest savings
- âFlexible withdrawals
- âNo prepayment charges
Top Up Loan
8.00% - 10.75%
Additional loan against existing home loan
- âNo security needed
- âQuick disbursal
- âLower documentation
Top Up OD
8.25% - 9.45%
Overdraft facility on top-up loan
- âPay interest only on used amount
- âFlexible repayment
- âEasy access
Reverse Mortgage
10.55%
For senior citizens to get regular income
- âNo EMI burden
- âRegular income
- âProperty remains with owner
YONO Insta Home Top Up
8.35%
Digital platform for quick top-up loans
- âInstant approval
- âDigital process
- âMinimal documentation
Recent Rate Changes & Market Impact
đ August 2025 Rate Hike
Rate Increase
SBI increased home loan rates by 25 basis points (0.25%)
New Upper Limit
Maximum rate increased from 8.45% to 8.70%
Lower Limit Unchanged
Minimum rate remains at 7.50%
đĄ Impact on Borrowers
EMI Increase
âš30 lakh loan: EMI increases by ~âš500-700 per month
Total Cost Impact
20-year loan: Additional cost of âš1.2-1.7 lakhs
Market Trend
Other banks likely to follow SBI's lead
đ° Recent News Context:
According to recent reports, SBI's rate hike came ahead of the RBI's Monetary Policy meeting held from August 4-6, 2025. While the RBI kept the repo rate unchanged at 5.55%, SBI's move indicates a shift in the housing finance market. Since February 2025, the RBI had cut the repo rate by a total of 100 basis points, but the August policy suggested that further cuts are unlikely, prompting banks to adjust their lending rates accordingly.
Frequently Asked Questions
What are the current SBI home loan interest rates?
SBI home loan interest rates range from 7.50% to 8.70% for regular home loans, 7.75% to 8.95% for Max Gain loans, and 8.00% to 10.75% for top-up loans as of August 2025.
Why did SBI increase home loan rates?
SBI increased rates by 25 basis points in August 2025 ahead of the RBI Monetary Policy meeting, where the repo rate remained unchanged at 5.55%. This indicates a shift in the housing finance market.
How does SBI compare to other banks?
SBI offers competitive rates among public sector banks. Canara Bank has the lowest starting rate at 7.40%, while SBI's rates are well-balanced with good minimum and maximum rates.
What is the difference between Home Loan TL and Max Gain?
Home Loan TL is a traditional term loan with fixed EMIs, while Max Gain is an overdraft facility that allows you to save on interest by depositing surplus funds and withdrawing when needed.
Can I get a top-up loan from SBI?
Yes, SBI offers top-up loans at 8.00% to 10.75% interest rates. These are additional loans against your existing home loan without requiring additional security.
What is the processing fee for SBI home loans?
SBI charges a processing fee of 0.40% of the loan amount (minimum âš2,000, maximum âš10,000) plus applicable taxes.
How long does SBI take to approve home loans?
SBI typically processes home loan applications within 7-15 working days, depending on document completeness and property verification.
Can senior citizens get special rates?
Yes, SBI offers reverse mortgage loans at 10.55% for senior citizens, allowing them to get regular income against their property without selling it.
Pro Tips for SBI Home Loan Applicants
Compare Rates
Always compare SBI rates with other banks before applying
Check Eligibility
Use SBI's online eligibility calculator before applying
Maintain Credit Score
Keep your CIBIL score above 750 for better rates
Choose Right Product
Select between TL and Max Gain based on your needs
Prepare Documents
Keep all documents ready to avoid delays
Negotiate Fees
Try to negotiate processing fees with the bank
Ready to Apply for SBI Home Loan?
Secure your dream home with SBI's competitive home loan rates starting from just 7.50%. With flexible repayment options, quick processing, and excellent customer service, SBI makes homeownership accessible and affordable.
Whether you're a first-time homebuyer or looking to upgrade, SBI offers multiple loan products to suit your needs. From traditional term loans to innovative Max Gain overdraft facilities, choose the option that works best for you.
đ Your Action Plan
Check Eligibility
Use SBI's online calculator
Compare Rates
Review current rates (7.50% - 8.70%)
Choose Product
Select TL or Max Gain option
Prepare Documents
Gather all required paperwork
Apply Online
Visit SBI website or YONO app
Start Your Home Loan Journey Today!
Experience the convenience and reliability of SBI home loans
Disclaimer & Credits
đ Important Disclaimer
Information Accuracy: The interest rates and loan information provided in this article are for informational purposes only. Rates may vary based on individual circumstances, credit profile, loan amount, and other factors.
Rate Changes: Interest rates are subject to change without prior notice. The rates mentioned in this article were accurate as of August 2025 but may have been updated since publication.
Verification: We strongly recommend visiting the official SBI website or contacting your nearest SBI branch for the most current and accurate information before making any financial decisions.
No Financial Advice: This article does not constitute financial advice. Please consult with qualified financial advisors or banking professionals for personalized guidance.
No Guarantees: We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.
đĻ Official Sources & Credits
Primary Source
State Bank of India (SBI) Official Website
All interest rates and loan product information have been sourced from the official SBI website and are used for educational purposes.
Last Updated
August 2025 - This article was last updated with current rates and information as of August 2025.
đ Official Links
SBI Official Website:
www.sbi.co.in