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Old 13th October 2016, 11:42 AM
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Default Documents for home loan SBI

Hi buddy I am thinking to apply for State Bank of India (SBI) Home loan so can you here tell me about require documents for this loan ??
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Old 13th October 2016, 11:57 AM
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Default Re: Documents for home loan SBI

State Bank of India (SBI) is a government owned banking and financial service organization

As you want to apply for State Bank of India (SBI) Home loan so for it you have to submit following documents along with application form

1. Signed application form with photograph

2. ID and residence proof

3. Processing fee cheque

4. Last 6 months bank statements

5. Documentation for salaried applicants:
Last 3 months salary-slips
Form 16 or Income Tax Returns

6. Documentation for self-employed applicants:
Education qualification certificate & proof of business existence
Last 3 years Income Tax Returns with computation of Income
Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account


SBI Home Loan Interest Rates
Interest Rate For women - 9.30%
For General Customers - 9.35%
SBI Flexipay - 9.35%
Processing Fees Up to 0.35% of Loan Amount, Maximum of Rs.11,500
Loan Tenure 30 years
SBI Flexipay - 25 to 30 years
Pre-closure Charges Nil
Partial Pre-Payment Charges Nil
Guarantor Requirement No Guarantor Required
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