SBI Smart Home Top Up Loan

If you avail Smart Home Top Up loan, a processing fee of Rs.2000 plus applicable Goods and Service Tax (GST) will be charged on the loan.

Eligibility Criteria

The eligibility criteria which need to be fulfilled to avail a smart home top up loan offered by the bank are as follows:

1. Can be availed by both Salaried and non-Salaried individuals
2. Must be a resident Indian or NRI
3. Should be between 18 years and 70 years of age
4. Must have a CIBIL score of 550 or higher
5. Should not have any other active home top-up or Insta top-up loans
6. Should have a satisfactory repayment record of 12 months or more after the completion of moratorium period

Documents Required

You need not submit any documents to the authorities when looking to avail a Smart Home Top Up loan from the bank.

Features and Benefits

The features and benefits that comes with taking an SBI Smart Home Top Up loan are listed below:

1. Loan is available as overdraft as well
2. There is no penalty for prepayment
3. There are no hidden charges
4. The processing fee is low
5. The loan gets processing quickly
6. You need not submit any documents

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