State Bank of Hyderabad Home Loans Rates

State Bank of Hyderabad offers a range of housing finance solutions to fulfill the dreams of millions of homebuyers. State Bank of Hyderabad home loans rates are one of the best rates offered by public sector commercial banks in India.

About State Bank of Hyderabad Home Loans Rates

State Bank of Hyderabad home loans rates are one of the most competitive and affordable rates in India. The table given below will give you a fair idea about State Bank of Hyderabad home loans rates:

Period	Amount Up to Rs.30 lakhs	Amount more than Rs 30 lakhs
Up to 5 Years	9.25%	10.25%
Over 5 to 15 years	9.25%	10.50%
Over 15 to 20 years	9.50%	10.75%
	Fixed rate housing loan
Maximum loan amount of Rs.10.00 lakhs	Maximum loan term 10 years	12.25%

Margin for State Bank of Hyderabad home loans

The margin for State Bank of Hyderabad home loans is as follows:

In case of construction or purchase of new flat/house with a loan amount up to Rs.75 lakhs – the margin is 20%.

In case of housing finance to others:

• Loan amount upto Rs.75 lakhs – the margin is 20%
• Loan amount upto Rs.75 lakhs – the margin is 25%

In case of purchasing only a residential plot - the margin is 35% of the value of the plot comprising stamp duty fees, registration fees and so on.

In case of consumer durables/decorations as a component of the project cost - the margin is 20% of the project cost.

Repayment of State Bank of Hyderabad home loans

You can pay off an SBH home loan by means of EMIs (Equated Monthly Installments). The maximum repayment term is as follows:

• In case of loan applicants with up to 45 years of age - the maximum repayment term is 240 months (20 years)
• In case of loan applicants more than 45 years of age – the maximum repayment term is 180 months (dependent on disbursement of the loan along with interest prior to the borrower reaching the age of 70 years where check-off facility is there

Processing charges of State Bank of Hyderabad home loans

Regardless of the loan amount, the processing fee is 0.5%, dependent on a ceiling of Rs.10,000 (comprising service charges as applicable). You have to pay this fee when you are sending the loan application to the bank.

Security for State Bank of Hyderabad home loans

Mortgage of the property purchased with the loan will work as security against the loan.

Insurance for SBH home loans

The property that you buy with an SBH home loan has to be comprehensively insured.

Whether it is a small or big house, a home loan from State Bank of Hyderabad can help you own it.