SBI Shaurya Home Loan

1. Low interest rates
2. Repayment tenure of up to 30 years
3. No hidden charges
4. No prepayment penalties levied
5. No processing fees
6. Interest concession for women applicants and if check off is provided

Eligibility Criteria

Fees and Charges for SBI Shaurya Home Loan

1. Processing Fee-Waiver of Processing Fee. All out-of-pocket expenses like Advocate's Fee for Legal Opinion, CERSAI, CIBIL charges, and Valuers Fee for Valuation Report will be recovered from the borrower.
2. Pre-sanction of loan
   1. Advocate's fee
   2. Valuer's fee
3. Post-sanction of loan
   1. Stamp duty
   2. Premium of property insurance
   3. CERSAI Registration Fee (Rs.50 + GST) up to Rs.5 lakh limit and Rs.100 + GST for all limits over Rs.5 lakh.

Documents Required

1. Employer's ID card
2. 3 passport-size photographs with the duly filled loan application form
3. Address proof
4. Identity proof
5. Property-related documents
6. Last 6 months' bank account statements
7. Loan account statement for the last 1 year (only if applicable)
8. Last 3 months' salary slips
9. Copy of Income Tax Returns for the last 2 years or copy of Form 16

Anyone employed under the defence can avail this home financing facility. Women applicants are eligible for interest concession. You can also get reduced rates if check off is provided.

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