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Frequently asked general questions

What purposes can I apply for under SBI Home Loans?

You can apply for SBI Home Loans for various purposes, including: - Purchase of a ready-built house or flat (new or old). - Purchase of an under-construction house or flat. - Construction of a house on a plot you own. - Repair or renovation of a house or flat. - Extension of an existing house. - Purchasing a plot for constructing a house. - Transferring your existing home loan from another provider to SBI. - Availing top-up loans for existing SBI home loan borrowers (e.g., for house extension, furnishings, etc.).

Yes, both Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs) can apply for SBI Home Loans for any of the purposes mentioned above, subject to meeting other eligibility requirements.

A Home Loan Balance Transfer allows you to transfer your existing home loan from another bank or financial institution to SBI to benefit from better interest rates or services.

Benefits include potentially lower interest rates, reduced EMIs, improved customer service, and access to additional loan features or top-up loans.

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Customer feedbacks

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Very cooperative and professional staff. I will surely recommend MortgageBuddy for loan process.

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Pune

MortgageBuddy is the best platform to check for loan eligibility and check rates from various banks. Thankful to MortgageBuddy.

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Pune

Excellent service from the team. Got my loan disbursed before time. Highly recommend!

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Pune

Mr.Bhushan is xillant person.His commitments and work also fair...he is honest and royal man...

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Mumbai

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Indore

I can confidently say that they have always provided excellent customer service.

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Pune

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