A "low interest" loan shouldn't mean you have very little interest in paying it back!
  • SBI Bridge Home Loan

    SBI Bridge Home Loan helpsbridging the financial gap between sale of existing property and purchasing a new property. This short-term loan comes with a repayment tenure of 2 years and competitive interest rate rages from 9.50% p.a. to 10.50% p.a. You can apply for a loan amount ranging from Rs.20 lakh to Rs.20 crore with this financing scheme.

    Bridge loans are temporary loans that are used to bridge the gap between short-term fund requirements and long-term loans. It helps meet immediate cash requirements in the transitional phase of moving to a new home while your existing home is yet to be sold.

    Tenure Interest Rate
    1st year 9.50% p.a.
    2nd year 10.50% p.a.

    Features and Benefits ofSBI Bridge Loan

    • Competitive rates
    • No prepayment charges
    • No hidden charges
    • Repayment tenure of up to 2 years
    • Loans available for both the salaried and self-employed

    Eligibility Criteria

    Resident type Resident of India
    • Minimum: 18 years
    • Maximum: 70 years
    Type of employment Salaried and self-employed

    Documents Required

    • Employer’s ID card
    • 3 passport-size photographs with the duly filled loan application form
    • Address proof
    • Identity proof
    • Property-related documents
    • Last 6 months bank account statements
    • Loan account statement for the last 1 year (only if applicable)
    Income proof for the salaried
    • Last 3 months salary slips
    • Copy of Income Tax Returns for the last 2 years or copy of Form 16
    Income proof for the self-employed/non-salaried
    • Last 3 years profit and loss account statements
    • Last 2 years Income Tax Returns
    • Business address proof
    • Business license details
    • Balance sheet details for the last 3 years
    • TDS certificate
    • Qualification certificate (for doctors, C.A., and other professionals)

    So, if you want to sell your existing property and buy a new one, getting an SBI Bridge Loan can work for you.


    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    This Page is BLOCKED as it is using Iframes.