4 Crore SBI Home Loan

An SBI 4 crore home loan helps purchase the most luxurious housing properties. A high loan amount like this can also be used to invest in real estate or refinance an existing housing loan. The EMI settlement process for this loan is simple and straightforward. The SBI housing loan EMI for 4 crore helps borrowers easily repay the loan. 

The 4 crore home loan EMI by SBI is influenced by several factors. The loan tenure, however, is one of the most important. As the loan tenure increases, the monthly installments will decrease. Take a look at the applicable EMIs on a 4 crore home loan by SBI, when a loan is taken for 10 and 20 years.

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Table of Content

1. 4 Crore Home Loan SBI Highlights

2. 4 Crore SBI Home Loan EMI for 10 years

3. 4 Crore SBI Home Loan EMI for 20 years

4. 4 Crore SBI Home Loan Fees and Charges

5. 4 Crore SBI Home Loan Documents Required

6. SBI 4 Crore Home Loan Eligibility Criteria

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Written By
Thejus KS
Thejus KS
A mechanical engineer turned history buff with a sprinkle of financial brilliance. Thejus’s expertise comes with a unique blend of engineering precision, timelines, and the power of numerals. He knows that numbers are the pulse of our globe. Attention to detail and extensive research are the key elements of his writing.
Reviewed By
Amit Prakash Singh
Amit Prakash Singh
Co-Founder, Square Yards & Chief Business Officer, Urban Money
Amit Prakash Singh is the Chief Business Officer at Urban Money. With over nine years of experience at Square Capital, he has played a crucial role in establishing it as one of India's premier loan advisory services. Amit's deep financial insights and extensive knowledge have driven significant business growth and strategic advancements. He has successfully built and managed large sales teams, optimised costs, and created leaders within the industry. Amit's financial expertise and strategic vision are key to the ongoing success and expansion of Square Yards and Urban Money.

4 Crore Home Loan SBI – Highlights 

An SBI 4 crore home loan is available to the borrowers at the following terms. 

Maximum Loan Amount ₹ 4,00,00,000
Rate of Interest (p.a.) Starting at 8.40% p.a.
Maximum Loan Tenure Up to 30 Years

4 Crore SBI Home Loan EMI for 10 years

An SBI 4 crore home loan borrowed for 10 years will be subject to following monthly repayments.

Loan Amount 4 crore
Rate of Interest (p.a.) 8.40% 
Loan Tenure 10 Years
Monthly EMI ₹4,93,806

4 Crore SBI Home Loan EMI for 20 years

If an SBI 4 crore home loan is borrowed for a period of 20 years, the monthly EMI will stand as follows.

Loan Amount 4 crore
Rate of Interest (p.a.) 8.40% 
Loan Tenure 20 Years
Monthly EMI ₹3,44,602

4 Crore SBI Home Loan – Fees and Charges 

SBI also levies certain additional fees and charges other than the applicable rate of interest. Some of the prominent additional charges are listed below:

  • Processing fee of 0.35% + applicable GST
  • 18% Goods and Services Tax (GST)
  • Other charges like verification charge, stamp duty fees, legal charges etc.

4 Crore SBI Home Loan – Documents Required 

The following documents are required to successfully apply for an SBI 4 crore home loan.

  • Duly filled loan application form 
  • KYC Documents: Aadhar Card, Driver’s License, Voter’s ID , Utility bills etc. serve as KYC documents. These help establish a borrower’s identity and confirm their residential details.
  • Income Proof: Salary slips/ Balance Sheet and P&L account help establish a borrower’s repayment capacity. 
  • Bank Statements: Bank statements of the past specified number of months/ years to check a borrower’s financial standing. 
  • Property Papers: Documents showcasing ownership of the concerned property,

SBI 4 Crore Home Loan – Eligibility Criteria

The following people are eligible for the loan:

  • Nature of Employment: Self-employed/ Salaried
  • Minimum Age: 18 years
  • Maximum Age: 70 years
  • Residential Status: Indian
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