90 Lakh SBI Home Loan

Buying a house is expensive, so financing a substantial amount such as 90 lakh is vital. You also want to be certain you have a trustworthy financial partner at your side. Look no further than the State Bank of India (SBI). The SBI ₹90 lakh home loan is an appealing financing option as it comes with a lower interest rate, flexible repayment, moderate eligibility criteria, and minimal documentation. 

Moreover, the application process for SBI home loans has become completely digital now. You can complete the loan application within 10 to 15 minutes, eliminating the need to visit the bank branches. Let’s scroll down and read about the SBI home loan interest rate of ₹50 lakhs, its eligibility criteria, document requirements, and more. 

90 Lakh Home Loan SBI – Highlights

The following are the key parameters of the SBI 90 lakh home loan:

SBI 90 Lakh Home Loan EMI for 10 years

Here is the data regarding the ₹90 lakh home loan EMI in SBI for a 10-year loan tenure:

SBI 90 Lakh Home Loan EMI for 20 years

Here is the data regarding the ₹90 lakh home loan EMI for 20 years SBI:

90 Lakh SBI Home Loan – Fees and Charges

Here are the fees and charges that you can expect as an SBI ₹90 lakh home loan borrower:

90 Lakh SBI Home Loan – Documents Required

Following are the required documents for a SBI 90 lakh home loan:

• Proof of Identity: PAN Card, Passport, Voter ID or Driving License.
• Proof of Address: Recent copy of Utility Bills, Passport, Driving License or Aadhaar Card.
• Proof of Income: Salaried applicants must submit their salary slips for the last 3 months, bank statements for the last 6 months showing salary credits, and the latest form 16 or IT returns. Whereas self-employed applicants must submit their business address proof and licence details, balance sheet and profit and loss account for the last 3 years, TDS certificate, IT returns for the last 3 years, and bank statements for the last 6 months. 
• Proof of Property: Allotment letter or buyer’s agreement, receipt of payment made to the developer, NOC from the builder or society, property tax receipts, approved plan, and builder’s registration certificate.

90 Lakh SBI Home Loan – Eligibility Criteria

Here are the criteria for ₹90 lakh home loan eligibility SBI:

• Your age must be between 18 to 70 years.
• You must be salaried or self-employed individuals.
• You must have a regular source of income to cover the repayment.
• You must have a good credit score and repayment history.
• You must be a resident of India or a Non-Resident Indian.