Calculate your SBI home loan EMI.
Use this calculator with SBI's typical rate range. See your EMI, the principal-versus-interest split, and the tax-adjusted effective cost. Independent of SBI — we don't sell loans or pass your details to anyone.
What this loan really looks like
The lifetime split is only part of the story. These show how the principal/interest mix shifts year by year, how slowly the balance falls, and the month your payment finally tips toward principal.
About State Bank of India home loans
SBI is India's largest home loan lender and tends to offer the most competitive published rates among public sector banks. Floating rates are linked to the External Benchmark Lending Rate (EBLR).
SBI home loan at a glance
| Typical rate range | 8.50% to 9.65% |
|---|---|
| Maximum tenure | 30 years |
| Maximum loan amount | as per repayment capacity, no upper cap for eligible borrowers |
| Eligibility (age) | salaried with minimum age 18, maximum age at loan maturity 70; minimum salary varies by location |
| Processing fee | 0.35% of loan amount (minimum ₹2,000, maximum ₹10,000) + GST |
SBI home loan highlights
- YONO (online) home loan processing for quicker disbursement
- Special schemes for women borrowers — typically 0.05% rate concession
- Privilege scheme for government employees and defense personnel
- Top-up loan available after 1 year of clean payment history
- Pre-approved loan for existing SBI customers based on salary credit history
Disclaimer: indiaemi.com is not affiliated with State Bank of India. The rate ranges, eligibility criteria, and other figures shown here are based on publicly available information and may change without notice. Always confirm current rates and terms directly with SBI before making any loan decision.
Tax benefits apply equally — regardless of which bank
The Income Tax Act sections (24(b) and 80C) apply to all home loans from approved Indian banks and housing finance companies, under the old regime. (Section 80EEA is closed — it covered only loans sanctioned between 1 April 2019 and 31 March 2022.) — SBI loans are no exception. The calculator above incorporates these benefits automatically. For more on home loan tax benefits, see our how EMI works and glossary pages.
Compare SBI with other lenders
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Sources & standards
Every regulated figure on this page, what it is, and the primary source it comes from. Two Acts are live: the Income-tax Act, 1961 governs FY 2025-26 — the return being filed now — while the Income-tax Act, 2025 governs FY 2026-27 onward. The amounts are unchanged; only the section numbers moved.
| What | Current value | Source | Verified |
|---|---|---|---|
| Interest deduction cap — self-occupied property | ₹2,00,000/yr | Income-tax Act, 1961 — s.24(b) (FY 2025-26 & earlier) Income-tax Act, 2025 — s.22(1)(b) & (c); cap in s.22(2) (in force 1 Apr 2026) | 2026-07 |
| Principal repayment deduction cap (shared with EPF, PPF, ELSS, insurance) | ₹1,50,000/yr | Income-tax Act, 1961 — s.80C (FY 2025-26 & earlier) Income-tax Act, 2025 — s.123, read with Schedule XV (in force 1 Apr 2026) | 2026-07 |
| Additional interest deduction — first-time buyers (CLOSED) closed | ₹1,50,000/yr window 2019-04-01 → 2022-03-31 | Income-tax Act, 1961 — s.80EEA (FY 2025-26 & earlier) Income-tax Act, 2025 — s.131 (in force 1 Apr 2026) | 2026-07 |
| Optional regime — retains deductions at higher slab rates | std deduction ₹50,000 4 slabs, top rate 30% | 2026-07 | |
| RBI policy repo rate and typical home-loan EBLR spread | repo 5.25% EBLR spread 2.25–3.5% | RBI Monetary Policy Committee | 2026-07 |
Not tax or legal advice. See every standard this site uses →