SBI Home Loan Interest Rate: 7.25% to 8.55%, EBLR and Fees

SBI home loan interest rates run from 7.25% to 8.55% a year on its regular home loan, as of 17 September 2026. Your CIBIL score decides where you fall, and non-salaried borrowers scoring below 825 pay 0.10% more. The rates are linked to SBI’s external benchmark lending rate (EBLR) of 7.90%, which tracks the RBI repo rate of 5.25%.

SBI home loan interest rate: key facts

Updated 17 Sep 2026 · Lender rate pages, checked individually

SBI home loan rates by product

SBI’s rate card lists these ranges for home and home-related loans, effective 20 May 2026.

SBI’s main interest rates page shows the same starting point: home loans from 7.25% a year. Rates are subject to SBI’s terms, so confirm yours at sanction.

SBI home loan interest rate for a 750 CIBIL score

SBI prices home loans on your CIBIL score, but its public rate card gives only the full 7.25%–8.55% band, not a rate for each score. The lowest rate goes to borrowers with the strongest scores. A 750 score is usually treated as good, yet it may not get the 7.25% floor, and a non-salaried borrower below 825 pays 0.10% more.

To find your exact rate:

1. Check your CIBIL score for free on the CIBIL website.
2. Apply on SBI’s home loan site, the YONO app or at a branch, and ask for your sanctioned rate.
3. Ask for the Key Facts Statement, which shows the rate, fees and total cost before you sign.

How the SBI home loan rate is linked to the repo rate

Under RBI rules, new floating-rate retail loans must be linked to an external benchmark. SBI uses the repo rate: its EBLR is 7.90% plus a credit risk premium and a bank spread, effective 15 December 2025. It was 8.15% before the RBI cut the repo rate from 5.50% to 5.25% on 5 December 2025.

Older SBI loans may still be on MCLR, which does not track the repo rate as directly. SBI’s one-year MCLR is 8.70%, effective 15 September 2026. You can move to EBLR for a fee of ₹5,000 plus GST. Our guide to home loan interest rates in different banks explains how other lenders set their rates.

What the SBI rate means for your EMI

For a ₹50 lakh loan over 20 years:

The 1.30-point gap costs ₹9,67,373 more over the loan. On a ₹30 lakh loan over 20 years, the EMI is ₹23,711 at 7.25% and ₹26,130 at 8.55%. Try other amounts in our EMI calculator.

SBI home loan fees and charges

Banks cannot charge a prepayment fee on floating-rate loans taken by individuals for a non-business purpose. This applies to loans sanctioned or renewed from 1 January 2026.

Who can get an SBI home loan

• Resident Indians aged 18 to 70. SBI has separate schemes for NRIs.
• Salaried and self-employed borrowers, assessed on income and existing debts.
• Tenure of up to 30 years.
• SBI charges interest on the daily reducing balance, and offers a concession for women borrowers.

You will need identity and address proof, six months of bank statements, income proof (salary slips and Form 16, or tax returns) and the property papers.

Frequently asked questions

What is the current SBI home loan interest rate?

7.25% to 8.55% a year for a regular home loan, under the rate card effective 20 May 2026. It was still SBI’s published card on 17 September 2026.

What is the new rate of interest on home loans in SBI?

The latest card, from 20 May 2026, starts at 7.25%. SBI’s EBLR has been 7.90% since 15 December 2025, after the RBI’s repo rate cut.

What is the SBI home loan interest rate for a 750 CIBIL score?

SBI does not publish a separate rate for each score band. Your rate will fall between 7.25% and 8.55%, and SBI confirms it when it sanctions your loan.

What is the EBLR rate of SBI?

7.90% plus credit risk premium and bank spread, effective 15 December 2025. SBI’s RLLR is 7.50% plus credit risk premium.

Is the SBI home loan rate linked to the repo rate?

Yes. All SBI home loans are linked to its EBLR, which is based on the RBI repo rate. The repo rate is 5.25%, and the RBI’s next policy meeting runs from 5 to 7 October 2026.

What is the SBI house building loan interest rate?

A loan to build a house falls under the regular home loan, at 7.25% to 8.55%. A top-up loan for extra funds costs 7.75% to 10.50%.

Sources

• Home and home-related loan interest rates, w.e.f. 20.05.2026 — State Bank of India (checked 17 Sep 2026)
• Home loans interest rates (current) — State Bank of India (checked 17 Sep 2026)
• External Benchmark based Lending Rate — State Bank of India (checked 17 Sep 2026)
• MCLR — State Bank of India (checked 17 Sep 2026)
• Processing fee card rates — State Bank of India (checked 17 Sep 2026)
• Regular home loan — State Bank of India (checked 17 Sep 2026)
• Monetary policy statement, August 2026 — Reserve Bank of India (checked 17 Sep 2026)
• Interest Rates on Advances Directions — Reserve Bank of India (checked 17 Sep 2026)
• Pre-payment Charges on Loans Directions, 2025 — Reserve Bank of India (checked 17 Sep 2026)