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SBI Home Loan EMI Calculator

Calculate SBI home loan EMI with latest interest rates.

%
months

Results

Monthly EMI₹43,391
Total Interest₹54.14 L
Total Payment₹1.04 Cr
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What is SBI Home Loan EMI?

SBI (State Bank of India) is India's largest bank and offers home loans at competitive rates starting from 8.50% p.a. (as of 2025). SBI home loans are available for up to 30 years with loan amounts from ₹1 Lakh to no upper limit.

SBI offers special rates for women borrowers (0.05% concession) and has various schemes like SBI Flexipay, SBI Privilege, and SBI Shaurya for defense personnel.

Formula

EMI = P × r × (1 + r)^n / ((1 + r)^n − 1)

SBI Home Loan Rates (2025): - Up to ₹30 Lakhs: 8.50% - 9.15% - ₹30L to ₹75L: 8.50% - 9.15% - Above ₹75L: 8.50% - 9.15% - Women borrowers get 0.05% concession - CIBIL 800+: Best rates

How to use this SBI Home Loan EMI Calculator?

1. Enter the home loan amount. 2. SBI's latest rate is pre-filled (8.50%). Adjust based on your offer letter. 3. Choose tenure up to 30 years. 4. Compare EMIs at different tenures.

Frequently asked questions

What is the current SBI home loan interest rate?
SBI home loan rates start from 8.50% p.a. for salaried individuals with good credit scores (CIBIL 800+). Rates may vary based on loan amount and applicant profile.
What is the maximum tenure for SBI home loan?
SBI offers home loans for up to 30 years (360 months). The maximum age at loan maturity should not exceed 70 years.
Does SBI charge prepayment penalty?
No, SBI does not charge any prepayment or foreclosure penalty on floating-rate home loans as per RBI guidelines.
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