How Can You Measure SBI Home Loan Eligibility Calculator?

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The state bank of India can provide the best services for a home loan. You can fulfill your home desires with a home loan. As we know, SBI is the reputed bank and give all types of facilities. In today’s world to build own home is a difficult task, that’s why SBI home loan gives you privilege. Before that, you should check are you able to apply or not? SBI home loan eligibility calculator measures your position category wise.

SBI provides home loans to a salaried or self-employed. You need to check online eligibility, KYC, and income factors. To get instant approval, need to show these documents.

Eligibility Criteria For A Salaried

  • Minimum age should be 18 years
  • Maximum age should be 70 years
  • Income must be Rs 1,80,000 per annum
  • And current job experience not less than two years

Eligibility For A Self-Employed

  • Minimum age should be 21 years
  • Maximum age should be 70 years
  • Income no less than Rs 1,80,000 per annum
  • And current experience should be three years

KYC For A SBI Home loan

Three passport size photograph

  • As an identity proof need to show Aadhaar card, voter ID and driving license
  • For address need to show recent electricity bill, telephone bill, or photo ration card
  • Bank statement, latest salary slip or passbook of last three months

These are the basic queries of the bank, which you need to show. After KYC confirmation, you can apply easily through an online.

  • Go to the official site
  • Fill the application form with personal-professional information
  • Upload KYC with a recent passport size photograph
  • Share registered email ID or mobile number
  • And finally, click on submit button

Do You Want To Know The Interest Rate Of SBI Home Loan?

Yes, when you are planning to apply for a home loan to get own sweet home should also know the interest rate of the loan. In home loan eligibility calculator you should check all the things included for a home loan.

SBI home loan interest rate starts from 8.45% to 9.00%, for this loan amount is customized. Tenure for the loan up to 30 years and processing fee 0.35% of the loan amount with GST to maximum Rs 10,000 plus GST.

Why EMI Calculator Is Better Than Other Tools While Calculating Own EMIs?

EMI tool is free to use. For you, it’s a magical device, where you get to know the exact payable amount to the lender to each month. You can operate this tool from anywhere. Login the site, enter a few details such as amount, tenure, and interest rate. After that, within a second you know the exact payable amount.

Now as you know, it’s free to use. So you can utilize it for many times. You can see the result, and after that, if not satisfied you want to check again don’t worry you have an option. You can check it again an again until not satisfied through EMI calculator tool.

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