A "low interest" loan shouldn't mean you have very little interest in paying it back!
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    We found 1 SBI Home Loan Application Form

    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    8.35% - 8.70% Floating
    ₹2,000 to ₹10,000 + applicable tax
    -
    1-30 Years
    Response Time Within 30 minutes
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    SBI Home Loan Application Form is Rated as "Great!" by 978 Users

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    Overview:

    The State Bank of India (SBI) is one of the most popular nationalised banks in the country. They also have a series of home loan products targeted at different strata and types of customers, such as SBI PAL Home Loan, SBI Her Ghar Home Loan and SBI MaxGain Home Loans.

    Application forms can be confusing. To make them easier for you to understand, we will explain the components and confusing sections of the SBI Home Loan Application Form here.

    SBI Home Loan Application Form Explained:

    The standard SBI Home Loan Application Form contains 4 forms – A to D, which are:

    1. Form A – Personal Details
    2. Form B – Employment and Income Details
    3. Form C – Property and Loan Details
    4. Form D – Declaration

    Form A – Personal Details:

    On the topmost part of the form is where you declare whether you are the applicant, co-applicant or guarantor. If you are taking the home loan alone, then you are the applicant; if you are taking it jointly with someone you are a co-applicant and if you are standing as a collateral guarantee to someone who is taking the loan, you are the guarantor.

    In this section you have to fill in your personal details:

    • Name (leave spaces between 2 words)
    • Gender and salutation (title)
    • Date of Birth
    • Marital Status
    • Name of spouse and father
    • The number of people dependent on your income
    • Mother’s maiden name (your mother’s surname before she got married)
    • Category for special benefits (SC/ST or General)
    • Nationality, Residential status and Religion
    • Place of Birth
    • Photo identification type (Aadhaar, Voter’s ID, Ration card, etc.) and the number of whichever card you are submitting, and its validity
    • Driving licence number and its validity
    • PAN or GIR number (the older version of PAN)
    • Passport number and its validity
    • Highest education qualification and the year of completing this course
    • Current address in full (you also need to indicate how long you have been staying at this address)
    • Contact numbers – telephone and mobile number(s)
    • Personal email id
    • Permanent address in full (if different from the current address). If the permanent address is the same as current address, just tick ‘Yes’ in this column.
    • Telephone number of permanent address
    • Office address or address of the place where you run your business
    • Office contact details and official email id
    • Repayment mode: This refers to which method you’d like to choose to repay the loan/pay the equated monthly instalments (EMIs). You can select any of the following:
      • Check-off: Where your employer will deduct the EMI amount from your salary and deposit it with the bank.
      • Electronic Clearing System (ECS): Where you can have the amount deducted from your account without manual interference. This can be done for an account in another bank as well.
      • Post-dated cheques: Where you provide the bank with cheques dated for a specific date every month and the bank will encash them accordingly.
      • Standing Instruction: Where you provide the bank with an instruction to debit the EMI amount from your account in the same bank.
      • Others: Any other mode of payment you choose. Check with the banker for the options available.
    • Relationship with the bank: The number of years you have been associated with SBI.
    • References: You have to provide references of two individuals not related to you to certify your good conduct and debt levels.

    Form B – Employment and Income Details:

    In this section, you have to first specify whether you are salaried, self-employed or running your own business or a pensioner. Following that, these details need to be filled in if you are a salaried person:

    • Name of employer
    • Your employment status
    • Total professional experience and breakdown in terms of experience in the present job and previous job
    • If you are specifying a previous employment, you also have to give the previous employer’s name, contact number and address
    • The industry you are involved in currently – for example, media, textile industry, banking or insurance, digital marketing, sales, accountancy, etc.
    • The type of organisation you are working in, your department and designation
    • Your employee number in the current organisation, and service remaining (if you are close to retirement)
    • Website of your current company
    • If you are a self-employed individual, the details given below have to be provided:
    • Nature of business and type of ownership, and the number of partners if it is a partnership firm
    • Name of business and the industry it falls under
    • Trade licence number and its expiry date
    • The percentage of shares you hold in the company
    • Name of the person who holds the power of attorney (POA)
    • Income with a detailed break-up of net income, gross income, frequency of receiving income and mode of payment (cheque/net transfer)
    • Deduction details including gross obligations, net obligations and the number of times in a month you have to meet these obligations. These could include deductions by your company or bank on overdraft or debts you owe your friends and relatives, etc.
    • Details of existing loans with banks, the type of loan (car loan, personal loan, etc), EMI amount, frequency of EMI deduction, the number of EMIs paid and outstanding balance
    • Information about the number of bank accounts you hold
    • Details of the credit cards you hold
    • Information about the fixed deposit accounts you own
    • Details of assets owned, such as land, property, shares and bonds, jewellery, etc.

    You and your co-applicants and guarantor (if applicable) have to sign at the end of this form with date as a self-notarisation of the information provided.

    Form C – Property and Loan Details:

    Here you can select the home loan type that you want to take from SBI. You also have to indicate whether the builder is part of the tie-up with SBI or is willing to form a collaboration. If the builder is already linked with SBI, the tie-up ID has to be provided.

    Other details required are:

    • Property type
    • Builder’s name and name of the project
    • Building’s name or survey number and wing name
    • Built-up area, plot area and plinth area in square feet (you can find these details from your builder)
    • Flat or plot number and block number (if applicable)
    • Name and address of the seller (if different from the builder) and name of the registered owner
    • Phone number of the seller
    • Full address of the property
    • Cost of property
    • Down payment required and the percentage of down payment sought
    • Loan amount sought
    • Repayment frequency sought
    • The period of loan in months
    • Purpose of loan: Indicate whether you want the loan to construct a new house, buy a new or old house or flat, purchase of plot, renovation of existing house, home extension or balance transfer of a home loan from another bank.
    • Interest rate you’d like, whether fixed or floating
    • Moratorium period: The period of time where you are not required to pay any EMIs or interest. You also have to specify whether you want interest to be capitalised during this period.
    • Insurance option: You can opt for a home insurance from the SBI. If you wish to, you have to indicate which of the insurance policies you’d like to choose: SBI Life RiNn Raksha Policy, SBI Life Saral Shield Policy or SBI Life Smart Shield Policy. You also have to indicate whether you will pay the premium separately or you want the amount to be added to the home loan amount. You and your co-applicants and guarantor need to sign at the end of this form as well.

    Form D – Declaration:

    This section is more about reading the terms carefully. Once you read, you need to indicate your consent or dissent in sharing, disclosing or using the data provided by you. This form needs to be signed by all parties concerned along with place and date.

    Once you are clear about what information needs to be filled in each sections of the form, you need not get confused or worried about whether you are making mistakes. If you are unable to understand any part of the form, consult your personal banker or a friend who knows what the details are about. Do not fill in wrong details, or it could lead to rejection of the loan. This will impact not only your chance of getting another loan but also your overall credit score.

    Download SBI Home Loan Application Form:

    You can download SBI Home Loan Application from at SBI official website Or you can apply for SBI home loan through online.

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  • SBI Home Loan Application Form Reviews

    • SBI Home Loan
      "VERY POOR"
      0.5 2.5/5 "Just OK"
      My home loan is from SBI Bank. After the documents were collected. The process took around two months. The executive was not very knowledgeable about the documentation part. They collected documents so many times And every time I checked with them they said it was under progress. The executive who was assigned to my collection was not aware of anything, he said no need of paying any processing fee, later after everything is done when I went to the bank they are asking me to pay the processing fee of 11000 rupees,
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 21, 2017
    • SBI Home Loan
      "Very Good"
      0.5 4.0/5 "Great!"
      The loan amount got disbursed in a day of time from the State bank of India for the home loan. Response is fine one and the customer service is good one for me. Service aspects are really a good one with them.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 19, 2017
    • SBI Home Loan
      "Needs improvement when it comes to service"
      0.5 5.0/5 "Blown Away!"
      Everything is fine, however they have a very lenghty process I was made to visit the branch for each and every thing. Otherwise I am happy with the customer service however they are not doing good when it comes to overall service
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 18, 2017
    • SBI Home Loan
      "Home loan"
      0.5 5.0/5 "Blown Away!"
      Thankfully SBI has offered this housing loan to me. Being a joint account holder, I am very much happy in taking the housing loan, my income was very less but they some how helped us which is the best part. Special efforts were actually taken by them they suggested stating that they can offer the loan by clubbing wife and husband's income so that we can take the loan easily . I am happy with the rates offered as it was floating . To conclude, I am completely happy with their service.
      Was this review helpful? 0
      , ernakulam
      Reviewed on Aug 16, 2017
    • SBI Home Loan
      "Need an improvement"
      0.5 1.0/5 "Really Bad"
      In the market other banks are providing home loan to a gram panchyat property but SBI is not providing the home loan. My property located in Channanagar at Hyderabad but SBI have rejected my application, their loan norms are very strict and they asking lot of documents with heavy paper works.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Aug 16, 2017
    • SBI Home Loan
      "Excellent service"
      0.5 4.0/5 "Great!"
      The Overall process was very good from SBI home loans, The executives are really good and they were updating me the status on time to time. They have disbursed my loan within 2 weeks of time. I am happy with the loan amount . The rate of interest is nominal with SBI. I am satisfied with the SBI service.
      Was this review helpful? 0
      , pune
      Reviewed on Aug 12, 2017
    • SBI Home Loan
      "Good service"
      0.5 4.0/5 "Great!"
      State of India has disbursed my home loan within the promised time. The verification and the documentation process was good with SBI. I got good response from SBI in concern to my home loan application. The rate of interest was nominal with SBI. I am happy taking a home loan with SBI.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Aug 12, 2017
    • SBI Home Loan
      "Hassle free process"
      0.5 5.0/5 "Blown Away!"
      SBI housing loan process is hassle free unlike other banks they dont take much time to process the loan and to top it off there are no hidden charges too. They verify all kinds of documents the lagging part would be too much of documents they dont have a unique format for the documentation and they should try and bring in a standard format.
      Was this review helpful? 0
      , pune
      Reviewed on Aug 10, 2017
    • SBI Home Loan
      "Long Process"
      0.5 4.0/5 "Great!"
      I do have home loan with State bank of India for the past four years. But during the loan process, they took so much of time. Almost it took one month to complete the loan process. But then the process went good and I have no issues with the bank...
      Was this review helpful? 0
      , guntur
      Reviewed on Aug 09, 2017
    • SBI Home Loan
      "Overall good"
      0.5 4.0/5 "Great!"
      My home loan is from State Bank of India. Even though I applied in the month of April. I got the rate of interest of June and the loan letter had Aprils date on it. I got 0.5 lesser on the interest rate. The rate was of 8.65%, it was a max scheme and the processing fees was zero for the initial loan and the top up loan had a fee.
      Was this review helpful? 0
      , pune
      Reviewed on Aug 07, 2017
    • SBI Home Loan
      "Customer friendly Bank"
      0.5 3.0/5 "Satisfactory"
      SBI delayed the loan process, they have committed within one week amount get disburse. But while processing they have taken one and half months to process. SBI have sanctioned the required amount with the interest rate of 8.55% it is reasonable as per the market.
      Was this review helpful? 0
      , jaipur
      Reviewed on Aug 05, 2017
    • SBI Home Loan
      "Excellent bank"
      0.5 5.0/5 "Blown Away!"
      My home loan is from State Bank of India and it was a very nice experience right through the process. Mr. Kalyan from the bank has been helpful during the process. The rate of interest was of 8.65% on a floating basis and the processing charges was normal too.
      Was this review helpful? 0
      , chennai
      Reviewed on Aug 05, 2017
    • SBI Home Loan
      "Its Good"
      0.5 5.0/5 "Blown Away!"
      SBI offered me 8.35% of interest for the housing loan, but I was expecting around 8.25%. Hence it would great if they reduce the interest rate, as per the RBI rules guidance. But SBI have sanctioned full amount what I have requested to them its good.
      Was this review helpful? 0
      , mumbai
      Reviewed on Aug 05, 2017
    • SBI Home Loan
      "Trusted housing loan"
      0.5 4.0/5 "Great!"
      SBI loan process is good, but customer response is not upto the mark. Rate of interest which SBI provided was good and the charges was nominal. But I didn't get new reversal interest rate after RBI cuts off. But SBI gives benefits to the loan borrower and the builder.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 05, 2017
    • SBI Home Loan
      "Its Excellent"
      0.5 5.0/5 "Blown Away!"
      I took the housing loan from SBI before five years at the time interest rate was low. I took the home loan of around Rs.20 lakhs for the tenure of 20 years. I done a preclosure without paying any interest and I got the NOC from the bank. It was good experience with them.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Aug 03, 2017
    • SBI Home Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I got the home loan in the year of 2013 with State bank of India. The customer service and the response was good with State Bank . They have disbursed my loan within a month time. The required loan amount has been approved and as per my eligibility they have given the loan amount and I am happy about it. The rate of interest is low when compared with others.
      Was this review helpful? 0
      , nellore
      Reviewed on Aug 03, 2017
    • SBI Home Loan
      "Can be improved"
      0.5 3.0/5 "Satisfactory"
      I did not avail home loan from State bank of India because they are providing the home loan up to twenty five to twenty six lakhs but where in other banks like HDFC they are ready to provide the loan between thirty to fourty lakhs. Hence I availed the loan from HDFC Ltd.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 02, 2017
    • SBI Home Loan
      "Good when it comes to interest rate"
      0.5 3.5/5 "Pretty good"
      Everything went well with the home loan process of State bank of India. I did not face any kind of issues or challenges with the bank during the loan process. But when it comes of other facilities like online, SBI needs to be improved a lot because for everything we need to approach the bank. As far as the rates are concerned it is the best.
      Was this review helpful? 0
      , mumbai
      Reviewed on Aug 01, 2017
    • SBI Home Loan
      "Easy and quick process"
      0.5 5.0/5 "Blown Away!"
      State Bank of India has offered me a home loan as well. The process to get the loan was not much. The documentation was simple and the disbursement happened on time too. The rate of interest and processing charges was also minimal for me. I had no hassles with the after loan services.
      Was this review helpful? 0
      , kolkata
      Reviewed on Jul 23, 2017
    • SBI Home Loan
      "Very good service"
      0.5 5.0/5 "Blown Away!"
      The state bank of India took around 3 months to disburse my home loan. The customer service and the response need quick and fast in future. The required loan amount has been given and I am satisfied. The rate of interest is nominal with SBI. I am happy with the SBI home loan service.
      Was this review helpful? 5
      , surat
      Reviewed on Jul 07, 2017
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